Pound Euro forecast - GBP EUR
A round up of the latest Pound Euro forecast news items from the Currency News desk.
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Pound Euro Exchange Rate News: GBP/EUR Subdued as Sunak Reveals Cost-of-Living Support
26 May 2022 at 5 PM - Written by John Cameron
STORY LINK Pound Euro Exchange Rate News: GBP/EUR Subdued as Sunak Reveals Cost-of-Living Support
Pound (GBP) Slips as Cost-of-Living Plans are Announced
The Pound (GBP) saw a muted response as Chancellor Rishi Sunak unveiled measures to support the cost-of-living crisis gripping the UK.
Sunak’s intervention comes as the UK faces its highest rate of inflation for over 40 years. Which alongside the ongoing Ukraine crisis, and...
CATEGORIES: Pound Euro Forecasts
Pound Euro Exchange Rate News: GBP/EUR Tumbles amid Poor PMI Data
24 May 2022 at 2 PM - Written by John Cameron
STORY LINK Pound Euro Exchange Rate News: GBP/EUR Tumbles amid Poor PMI Data
Pound (GBP) Slumps after Poor PMI Data Compounds Economic Fears
The Pound saw a sharp drop today as preliminary PMI data printed well below expectations. Both manufacturing and services data missed estimates with the former falling to 54.6 in May compared to an expected 55.1.
Even worse reading was the contraction of the services...
CATEGORIES: Pound Euro Forecasts
Pound Euro Exchange Rate News: GBP/EUR Drops as UK CPI Jumps to 40-Year High
18 May 2022 at 12 PM - Written by John Cameron
STORY LINK Pound Euro Exchange Rate News: GBP/EUR Drops as UK CPI Jumps to 40-Year High
GBP/EUR Plummets as UK CPI Reaches Highest Level Since 1982
The Pound Euro (GBP/EUR) exchange rate tumbled at the opening of today’s European session in response to the UK’s latest consumer price index. However, GBP/EUR is beginning to regain some losses as Eurozone’s inflation missed forecasts.
At the time of writing, the...
CATEGORIES: Pound Euro Forecasts
Pound Euro Exchange Rate News: GBP/EUR Recovers Lost Ground Despite Disappointing UK Data
12 May 2022 at 2 PM - Written by John Cameron
STORY LINK Pound Euro Exchange Rate News: GBP/EUR Recovers Lost Ground Despite Disappointing UK Data
The Euro (EUR) Stutters as Fears Continue to Grow around Protracted Ukraine Conflict
The Euro (EUR) is faltering against the Pound as the resurgence of geopolitical risk-aversion weighs heavily. With Finland now set to join NATO, much to the chagrin of the Kremlin, the ongoing crisis in Ukraine shows no signs of abating.
Russia has...
CATEGORIES: Pound Euro Forecasts
Pound Euro Exchange Rate News: GBP/EUR Rangebound as a Risk Off Sentiment Prevails
9 May 2022 at 11 AM - Written by John Cameron
STORY LINK Pound Euro Exchange Rate News: GBP/EUR Rangebound as a Risk Off Sentiment Prevails
GBP/EUR Muted amid Risk Off Mood
The Pound Euro (GBP/EUR) exchange rate is trading in a narrow range today as UK recession fears spark a risk off sentiment.
At the time of writing, the GBP/EUR exchange rate is trading at approximately €1.1688, with minimal movement from today’s opening levels.
Pound (GBP) Subdued amid...
CATEGORIES: Pound Euro Forecasts
Pound to Euro (GBP/EUR) Exchange Rate Crashes in Wake of BoE Decision
5 May 2022 at 12 PM - Written by John Cameron
STORY LINK Pound to Euro (GBP/EUR) Exchange Rate Crashes in Wake of BoE Decision
GBP/EUR Exchange Rate Dives on Bearish Pound Sentiment
The Pound Euro (GBP/EUR) exchange rate is plummeting at present, having peaked briefly this morning as German data disappointed. Meanwhile, Pound (GBP) traders are hesitant to place bullish bets in the aftermath of the Bank of England (BoE)’s interest rate decision.
At...
CATEGORIES: Pound Euro Forecasts
Pound Euro Exchange Rate News: GBP/EUR Gains Ground amid Risk On Sentiment
29 Apr 2022 at 1 PM - Written by John Cameron
STORY LINK Pound Euro Exchange Rate News: GBP/EUR Gains Ground amid Risk On Sentiment
GBP/EUR Rises amid Risk On Mood
The Pound Euro (GBP/EUR) exchange rate is climbing today as a risk on sentiment bolsters demand for Sterling.
At the time of writing, the GBP/EUR exchange rate is trading at approximately €1.1900, up roughly 0.3% from today’s opening levels.
Pound (GBP) Edges Higher on Improved Risk...
CATEGORIES: Pound Euro Forecasts