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Pound Euro forecast - GBP EUR

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

Pound Euro (GBP/EUR) Exchange Rate Trades Sideways on Mixed UK Labour Market Data

12 Jun 2018 at 1 PM - Written by John Cameron

UK Wage Growth Weakens – Pound Euro (GBP/EUR) Exchange Rate Limited The Pound Euro (GBP/EUR) exchange rate traded sideways on Tuesday, limited by a mixed round of UK labour market statistics and recurrent investor anxiety ahead of the Commons vote on whether MP’s will have a decisive say on the final Brexit deal struck with the...

CATEGORIES: Pound Euro Forecasts

Poor Eurozone Output Data Pushes GBP/EUR Exchange Rate Up by 0.3% Today

8 Jun 2018 at 11 AM - Written by James Fuller

On Thursday, the Pound to Euro (GBP/EUR) exchange rate opened in the region of 1.1391 and closed lower around 1.1377. This minor decline was caused by GBP trader uncertainty about the potential resignation of Brexit Secretary David Davis. The issue at hand was the Brexit ‘backstop’, which is a planned ‘safety net’ policy that...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Exchange Rate Drops on Forecast Difficulties with Brexit ‘Backstop’

7 Jun 2018 at 4 PM - Written by Ben Hughes

On Wednesday, the Pound to Euro exchange rate opened in the region of 1.1434 but closed down lower around 1.1390. There was little solid UK economic data out on the day, which instead left Pound Sterling at the mercy of trader reactions to a document from the European Commission. The document warned EU businesses that they should be...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Surges Higher on Hopes of Stronger Second Quarter UK Growth

5 Jun 2018 at 4 PM - Written by James Fuller

A better-than-expected UK services PMI encouraged the Pound Euro (GBP/EUR) exchange rate to push higher on Tuesday, driven by improved confidence in the outlook of the domestic economy. Investors took encouragement from signs that the economy has bounced back from the weakness seen in March, boosting bets that the slowdown was only...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Exchange Rate Drops -0.5% after Gloomy UK Economic Forecasts

30 May 2018 at 4 PM - Written by Ben Hughes

On Tuesday, the Pound to Euro exchange rate (GBP/EUR) opened around 1.1448 and closed slightly higher at 1.1487. Poor Predictions for UK Economy Cause GBP/EUR Exchange Rate Losses The Pound has struggled against the Euro today, falling by -0.5% in the pairing. A lack of solid UK economic data has worsened the situation, with negative...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Inches Higher as UK Retail Sales Smash Expectations

24 May 2018 at 1 PM - Written by John Cameron

UK Retail Sales Recover in April – Pound Euro (GBP/EUR) Exchange Rate Posts Small Gain The Pound Euro exchange rate rebounded on Thursday, supported by a raft of fresh, upbeat data from the United Kingdom. According to the Office for National Statistics, retail sales in the UK recovered in April with a rise of 1.5% year-on-year – up...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Edges Higher as Bank of England Officials Take Surprisingly Hawkish Tone

22 May 2018 at 1 PM - Written by Frank Davies

Despite broad political jitters weighing on the Euro, and hopes that the Bank of England (BoE) could still be more hawkish than expected on Britain’s economy, the British Pound to Euro (GBP/EUR) exchange rate’s recovery was limited on Tuesday. Sterling traders highly anticipate key UK data due later in the week before making any big moves...

CATEGORIES: Pound Euro Forecasts

Euro-to-Pound Exchange Rate Edges Higher on Brexit Uncertainties Following Week of Losses

21 May 2018 at 5 PM - Written by Minesh Chaudhari

Despite Italian political uncertainties and bearish expectations for Eurozone inflation, the Euro to British Pound (EUR/GBP) exchange rate saw a modest recovery on Monday. This was largely due to Brexit and economic uncertainties weighing on Sterling ahead of this week’s key UK data reports. Italian political uncertainty had a big...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Makes Modest Gains on Euro Sell-Off

9 May 2018 at 3 PM - Written by John Cameron

Pound (GBP) Exchange Rates Climb despite Falling UK Retail Sales The Pound Euro (GBP/EUR) exchange rate made some modest gains on Wednesday, climbing despite a sharp fall in UK retail sales in April and effectively capitalising on the current EUR/USD sell-off. According to the British Retail Consortium (BRC) UK retail sales fell by...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Steady as Eurozone Retail Sales Slow

4 May 2018 at 11 AM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate looks to have stabilised this morning as the pairing was prevented from falling any further in the wake of some disappointing retail sales figures from the Eurozone. Euro (EUR) Exchange Rate Muted as Eurozone Retail Sales Disappoint The Euro (EUR) is struggling to apply any further pressure to the...

CATEGORIES: Pound Euro Forecasts