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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 Rangebound as UK Cost-of-Living Crisis Remains in Focus

27 May 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Rangebound as UK Cost-of-Living Crisis Remains in Focus

GBP/EUR Rangebound on UK Cost-of-Living Woes The Pound Euro (GBP/EUR) exchange rate is trading in a narrow range today as the UK’s cost of living crisis is back in the spotlight as investors digest Chancellor Rishi Sunak’s new fiscal support package. At the time of writing, the GBP/EUR exchange rate is trading at approximately...

CATEGORIES: Pound Euro Forecasts

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 Edges Slightly Higher Ahead of ECB Accounts Release

19 May 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Edges Slightly Higher Ahead of ECB Accounts Release

GBP/EUR Edges Higher as EUR Investors Look Towards ECB Accounts The Pound Euro (GBP/EUR) exchange rate is edging higher at the opening of today’s European session as EUR investors await the European Central Bank’s (ECB) May monetary policy accounts. However, GBP/EUR upside remains limited following the UK’s latest consumer price...

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 Euro Exchange Rate News: GBP/EUR Falls to Fresh Five-Month Low amid UK Recession Fears

6 May 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Falls to Fresh Five-Month Low amid UK Recession Fears

GBP/EUR Drops to Fresh Five-Month Low The Pound Euro (GBP/EUR) exchange rate is losing ground today after the Bank of England’s (BoE) economic forecasts sparked UK recession fears. At the time of writing, the GBP/EUR exchange rate is trading at approximately €1.1668, down roughly 0.5% from today’s opening levels. Pound...

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

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