Euro Pound forecast page 43 - EUR GBP

Geo-political risk events shaped movement in the global currency markets during yesterday’s session. As the day’s trading got underway, news emerged from Greece which is likely to have sent a shudder down the spines of the euroland’s policymakers. The Chief Executive Officer of Russian Oil and Gas Giant Gazprom was in Athens,...

Not for the first time in recent months, the ongoing debt woes of Greece have stolen the limelight in the global currency markets during today’s session. The renewed move against the euro which ensued has sent the Pound Sterling euro exchange rate Northwards from yesterday’s low of 1.3839 to an intraday high of 1.3947 earlier today....

Friday’s session got underway with a strong shot in the arm for the Pound Sterling (currency:GBP). The latest official UK jobs numbers revealed that the level of British unemployment dropped to its lowest level since the middle part of 2008 at the latest count. The data also pointed to a fall in the number of jobless people of some 76,000....

The Pound Sterling euro exchange rate has endured a volatile day in the markets thanks to a raft of comments from global central bankers and fresh information regarding Greece’s burgeoning debt crisis. The GBP EUR exchange rate struck an intraday low of 1.3829 during early trading but by the middle part of the European equities session,...

The Bank of England surprised no-one when they announced earlier today that it will be maintaining its headline interest rate at its current record low level of 0.50% for another month. The BoE also revealed that it will be maintaining the level of funding available via its controversial Quantitative Easing scheme to £375bn. David Kern of...

The euro (currency:EUR) slumped in the global currency markets during today’s session. The shared currency came under selling pressure thanks to increased nervousness from investors regarding the Greek debt situation following the revelation that Greek Prime Minister Alexis Tsipras is in Russia and holding talks with Russia’s President...

The UK General Election takes place in just over four weeks and analysts forecast that the outcome could have a marked effect on the Pound Sterling during the short to medium term. The last British General Election saw the Conservatives miss out on an overall majority by a couple of dozen seats. The Conservatives quickly formed a working...

The Pound Sterling recorded good gains against the euro during today’s session. The GBP EUR exchange rate had been languishing only a few pips above its 6-week low of 1.3541 when this week’s trading got underway on Sunday night. However, the pair has steadily moved forward during the 48hrs which have followed, climbing to as high as...

Just before UK and European markets closed for the Easter break, the Euro to Pound Sterling exchange rate advanced by around 1% to trade in the region of 0.7330. While the Pound declined against a number of its peers in response to the UK's below-forecast Construction PMI, the Euro broadly gained. The Pound also softened as a result of...

Latest Exchange Rate Forecasts for the British Pound, Euro and the US Dollar The Pound is likely to experience another week of notable movement over the next five days as a number of key releases for the UK, Eurozone and US come under investor scrutiny. Both the Pound to Euro and Pound to Dollar exchange rates advanced at the beginning...