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Euro Pound Forecast Directory - Page #47

A round up of the latest Euro Pound forecast news items from the Currency News desk.

Outlook For GBP EUR Exchange Rate Hangs On Eurozone GDP Data

5 Jun 2013 at 9 AM - Written by David Woodsmith

Today brings another packed schedule of data releases with several tier one risk events likely to trigger pronounced price action for the world’s major currency pairs. The latest Q1 GDP growth data in the eurozone will have an immediate effect on levels for the euro should it show at anything other than the anticipated quarterly -0.2%. A...

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Pound To Euro Exchange Rate (GBP EUR) Forecast To Gain

3 Jun 2013 at 9 AM - Written by Toni Johnson

The Pound to euro exchange rate (currency : GBP EUR) appears to have hit a flat spot. After several months of erratic lurches higher and then lower, the pair has traded in a tight range between a high of 1.1908 and a low of 1.1578 during the ten weeks since 18th March. This lengthy period of sideways movement could represent one of two...

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Pound To Euro Exchange Rate (GBP EUR) Climbs

31 May 2013 at 2 PM - Written by Minesh Chaudhari

It was a case of mixed messages emanating from the UK property finance market during this morning’s session and the net effect saw the Pound Sterling register significant gains against the euro, sending the GBP EUR exchange rate (currency : GBP EUR) up to as high as 1.1715 earlier on. On the positive side of the equation, last month’s...

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Pound euro exchange rate (GBP EUR) Slumps On Weak UK Retail Sales Data

22 May 2013 at 2 PM - Written by David Woodsmith

The Pound Sterling has come under heavy selling pressure during this morning’s European session, thanks to a raft of disappointing UK data releases. The most prominent of these was last month’s British Retail Sales data which showed a surprise drop off of 1.3% compared with the previous month. Analysts had been anticipating an annualised...

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Pound to Euro Exchange Rate (GBP EUR) Tumbles On UK Inflation Figures

21 May 2013 at 2 PM - Written by David Woodsmith

This morning’s main event in the global currency markets came in the form of the publication of the latest headline inflation data from the UK’s Office of National Statistics (ONS). The April Consumer Price Index figure showed at significantly below the expected annualised level of 2.6%. The year-on-year print of 2.4% was considerably...

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GBP EUR Outlook Unclear As BoE Increases UK GDP Forecast

15 May 2013 at 2 PM - Written by Tim Boyer

It was a good news / bad news morning in the currency markets for the Pound Sterling. On the credit side, the Bank of England’s Inflation Report saw the UK’s central bank upwardly amend its growth prediction for Britain’s economy, with overall activity expected to expand by 0.5% during the three months to the end of June 2013. The...

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Pound To Euro (GBP EUR) Forecast To Fall If UK GDP Data Disappoints

24 Apr 2013 at 2 PM - Written by Tim Boyer

This morning’s session brought the release of some less than impressive German data in the form of the latest Ifo Business Confidence survey. The gauge of the mood amongst business people in the eurozone’s leading economy showed a sharp drop-off from March’s figure of 106.7 to show at 104.4 this month. Analysts had been anticipating a...

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Euro Exchange Rate: GBP EUR Forecast Negative As Fitch Strips UK Of Its AAA Credit Rating

22 Apr 2013 at 9 AM - Written by Tim Boyer

The weekend market shut down once again brought key developments from the UK following an announcement from one of the world’s three leading credit ratings agencies. Fitch announced late on Friday that it was set to strip Britain of its highly-prized AAA credit rating. The news that a second major credit ratings agencies since the turn...

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Pound Euro Exchange Rate (GBP EUR) Forecasted To Dip On US Data

12 Apr 2013 at 9 AM - Written by John Cameron

As recently as 12th March, the Pound Euro exchange rate (GBP/EUR) was floundering below the 1.1400 level and appeared set to beak down through to a new sixteen month low at levels below 1.1344. Then came the Italian election. The indecisive outcome of the popular ballot in Italy caused institutional investors to suffer a severe attack of the...

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GBP EUR Rate Gains On Weak Eurozone Retail Sales Data

5 Apr 2013 at 2 PM - Written by Toni Johnson

The Pound to Euro exchange rate (currency : GBP EUR) has crept higher during today’s session in the global currency markets. The move upwards towards 1.1800 was initiated by this morning’s Halifax House Price survey, which showed that UK property prices have continued to edge higher during the first three months of 2013. The survey showed...

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