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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.

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Euro Pound (EUR/GBP) Exchange Rate Sinks as German Economic Sentiment Falls in February

18 Feb 2020 at 4 PM - Written by John Cameron

EUR/GBP Exchange Rate Falls as German Economic Outlook Darkens The Euro Pound (EUR/GBP) exchange rate fell by -0.4% today, with the pairing currently trading around £0.829 after Germany’s ZEW survey of economic sentiment for February plummeted below forecasts from 26.7 to 8.7. ZEW President Achim Wambach was downbeat in his analysis,...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Bounces Back Thanks to Eurozone Industrial Production Slump

12 Feb 2020 at 4 PM - Written by Frank Davies

Weaker-than-expected Eurozone industrial production figures encouraged the Pound Sterling to Euro (GBP/EUR) exchange rate to push higher on Wednesday. While forecasts had pointed towards a fresh deterioration in production, following the falls seen in Germany and Italy, the extent of the decline caught investors off guard. As output...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Rebounds from Fortnight Worst as UK Data Continues to Beat Expectations

4 Feb 2020 at 3 PM - Written by Tim Boyer

Following yesterday’s broad plummet in the Pound, the British Pound to Euro (GBP/EUR) exchange rate has steadied somewhat today. Investors are hesitant to sell the Pound too much, as recent data keeps Bank of England (BoE) speculation low. Meanwhile, investors are hesitant to buy the Euro too much amid a lack of strong support for the...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Jumps as Bank of England (BoE) Avoids Big Dovish Shift

30 Jan 2020 at 2 PM - Written by James Fuller

Concerns that the Bank of England (BoE) could suddenly cut UK interest rates today quickly faded after the bank’s policy decision, and the British Pound to Euro (GBP/EUR) exchange rate experienced a rebound in demand. As much of the Pound’s recent weakness was due to speculation of an imminent BoE rate cut, today’s BoE decision was...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Surges Thanks to Leap in UK Business Optimism

22 Jan 2020 at 3 PM - Written by Frank Davies

Surge in UK Business Optimism Fuels Pound Euro (GBP/EUR) Exchange Rate Leap The Pound Sterling to Euro (GBP/EUR) exchange rate made strong gains on Wednesday, benefitting from a surprise return to positivity for the CBI business optimism index. As the index leapt from -44 to 23 on the quarter this encouraged investors to pile back into...

CATEGORIES: Pound Euro Forecasts

Euro to Pound Exchange Rate: EUR/GBP Sinks as German Economic Sentiment Fails to Impress Markets

21 Jan 2020 at 5 PM - Written by John Cameron

EUR/GBP Exchange Rate Falls as Eurozone Growth Continues to Weaken The Euro Pound (EUR/GBP) exchange rate fell by -0.3% today, with the pairing currently trading around £0.850 despite the release of stronger-than-expected German ZEW survey data for economic sentiment this month, with the figure rising from 10.7 to 26.7. Although the...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Euro Pound (EUR/GBP) Exchange Rate Rises as UK Inflation Falls to Three-Year Low in December

15 Jan 2020 at 5 PM - Written by John Cameron

EUR/GBP Exchange Rate Edges Higher as Bank of England Rate Cut Fears Increase The Euro Pound (EUR/GBP) exchange rate dipped by around -0.25% today, with the pairing currently trading at €1.167 at the time of writing after UK inflation fell unexpectedly to a three-year low of 1.3% in December. The Pound (GBP) has struggled now that an...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Dollar to Euro Exchange Rate Forecast: USD/EUR Surges to January Best in Week of Impressive Gains

10 Jan 2020 at 12 PM - Written by Tim Boyer

Despite continued signs of recovery in Eurozone data, the US Dollar to Euro (USD/EUR) exchange rate didn’t face much obstruction in the past week as it put in impressive gains. The US Dollar rebounded from days of market jitters amid hopes for US economic resilience, and as the US currency recovered investors felt that mixed strength...

CATEGORIES: Pound Euro Forecasts

Euro to Pound Sterling Exchange Rate Steady as Brexit Bill Passes through Parliament

10 Jan 2020 at 11 AM - Written by John Cameron

The Pound Sterling to Euro exchange rates held steady on Friday January 10, with GBP/EUR currently around €1.176 after Prime Minister Boris Johnson’s Brexit bill cleared the House of Commons yesterday with a majority of 99, clearing the track for the UK to leave the EU on the 31st January. Sterling remain on alert, however, as the Bill...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

GBP to EUR Exchange Rate Stumbles from Near Weekly Highs on Bank of England Rate Cut Speculation

9 Jan 2020 at 11 AM - Written by Frank Davies

Despite yesterday’s cooler Pound movement, the British Pound to Euro (GBP/EUR) exchange rate continued to trend closely to its best levels until this morning, when a combination of stronger Eurozone data and lingering Brexit uncertainty knocked the pair slightly. The Brexit process is going smoothly this month, but uncertainty over how...

CATEGORIES: Pound Euro Forecasts