Euro Pound forecast page 6 - EUR GBP

EUR/USD Exchange Rate Rangebound, US Economy is ‘Slowing’ The Euro US Dollar (EUR/USD) exchange rate held steady today, with the pairing currently trading around $1.109 after the US ISM Non-Manufacturing PMI for November fell below forecasts from 54.7 to 53.9, weakening market confidence in the US economy. Today also saw the...

Euro Pound Sterling (EUR/GBP) Exchange Rate Falls as German Import Prices Slump The Euro Pound Sterling (EUR/GBP) exchange rate slumped on Wednesday, leaving the pairing trading at around £0.8544. On Wednesday, the Euro slumped as data revealed import prices in the bloc’s largest economy plummeted at the fastest pace in two years....

Euro Pound Sterling (EUR/GBP) Exchange Rate Left Flat as Eurozone PPI Falls to Three-Year Low The Euro Pound Sterling (EUR/GBP) exchange rate was left flat on Tuesday, with the pairing trading at around £0.8617. Sterling was left under pressure at the start of the week thanks to disappointing PMI data and ahead of the upcoming Bank...

EUR/GBP Exchange Rate Improves, UK Markets Await EU Brexit Extension Announcement The Euro Pound (EUR/GBP) exchange rate edged higher today, with the pairing currently trading around £0.864 as Brexit uncertainty continues to haunt UK markets as Downing Street remains on divided on which course to take with its Brexit plans. Prime...

EUR/GBP Exchange Rate Dips, Improving German PPI Fails to Boost Market Sentiment in Euro The Euro Pound (EUR/GBP) exchange rate eased today, with the pairing currently trading around £0.859 following today’s release of September’s German producer price index which rose above forecast from -0.5% to 0.1%, although this was not enough to...

GBP/EUR Exchange Rate Eases, DUP Criticise Boris Johnson’s Brexit Deal The Pound Euro (GBP/EUR) exchange rate eased by -0.3% today, with the pairing currently trading around €1.152 as doubts over Brexit increase after the DUP have called into question Prime Minister Boris Johnson’s newly proposed withdrawal agreement. A spokesperson...

GBP/NZD Exchange Rate Eases, New Zealand Dollar Rises on US-China Trade Deal Hopes The Pound New Zealand Dollar (GBP/NZD) exchange rate eased by -0.4%, with the pairing currently trading around NZ$1.934 after the ‘Kiwi’ benefited from heightened risk-appetite as US-China trade negotiations continue in Washington, US, today. Michael...

Punctuating a week of poor Eurozone ecostats and fresh Brexit developments, the Euro and Pound are both highly week, and the Euro to British Pound (EUR/GBP) exchange rate is on track to end the week not too far from its opening levels as a result. With key Eurozone data due next week and the formal 31st of October Brexit date drawing ever...

Euro Pound (EUR/GBP) Exchange Rate Rises as BoE Rate Cut ‘Quite Plausible’ The Euro Pound Sterling (EUR/GBP) exchange rate was left muted, and the pairing is currently trading at around £0.8891. Sterling sentiment was left dampened on Friday as known Bank of England (BoE) hawk, Michael Saunders revealed that even if the UK avoids...

The Euro to Pound exchange rate rose on Wednesday 21st August, with the pairing fluctuating around £0.914 handle. Today saw Prime Minister Boris Johnson heads to Europe in an attempt to gain support to scrap the Irish backstop with German Chancellor Angela Merkel and French President Emmanuel Macron. Ed Vaizey, Conservative MP and...