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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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Pound Euro (GBP/EUR) Exchange Rate Climbs as Fuel Concerns Fade

30 Sep 2021 at 1 PM - Written by John Cameron

GBP/EUR Regains Ground as Fuel Supplies Stabilise The Pound Euro (GBP/EUR) exchange rate has strengthened this morning, as the UK’s fuel supply crisis is back under control and the UK posts some positive data. Meanwhile, German employment data printed below forecasts, which may be denting EUR exchange rates. Pound (GBP)...

CATEGORIES: Euro Forecasts Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Rockets Following German Election

27 Sep 2021 at 5 PM - Written by John Cameron

GBP/EUR Exchange Rate Firms on Election Results The Pound Euro (GBP/EUR) exchange rate has risen today despite significant GBP headwinds as a result of fuel worries and ongoing supply chain issues. Euro trading sentiment is dented by yesterday’s German election results, which leave the country with a fragmented parliament....

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Range Bound in Wake of Ifo Business Climate

24 Sep 2021 at 10 AM - Written by John Cameron

GBP/EUR Exchange Rate Fluctuates on Lower Business Confidence The Pound (GBP) is trading level with the Euro (EUR) this morning as markets digest Germany’s Ifo business climate data. The business climate indicator for Germany declined for a third consecutive month to 98.8 in September of 2021. At the time of writing, GBP/EUR is...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Exchange Rate Forecast: Pound Euro Mixed on Latest UK GDP Data

10 Sep 2021 at 8 AM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate is mixed this morning as the latest GDP figures from the UK support the appeal of Sterling. At the time of writing the GBP/EUR pairing are trading around the 1.1711 level as the Euro also finds strength on the back of German inflation rate data. Pound (GBP) Exchange Rate Mixed on UK GDP...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Dips as UK Covid-19 Fears Weigh on Sterling

19 Aug 2021 at 3 PM - Written by John Cameron

GBP/EUR Exchange Rate Falls, Delta Variant Uncertainty Weakens UK Market Confidence The Pound Euro (GBP/EUR) exchange rate dipped by 0.4% today as growing uncertainty over the Delta variant of the coronavirus weakens confidence in the UK’s economic recovery. The pairing is currently trading around €1.16. Today saw reports that fully...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

GBP/EUR Exchange Rate Forecast: Pound Euro Exchange Rate Mixed on Inflation Rate Data

18 Aug 2021 at 11 AM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate has been trading in a mixed range since markets opened this morning as inflation rate figures from both the UK and Eurozone caused volatility in the pairing. The GBP/EUR pairing are currently trading around the 1.1735 level as both currencies look towards any further coronavirus developments to drive...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Rangebound Despite Strong UK GDP Data

12 Aug 2021 at 12 PM - Written by John Cameron

GBP/EUR Exchange Rate Steady, UK GDP Receives Boost from Easing of Lockdown Measures The Pound Euro (GBP/EUR) exchange rate held steady today following the release of the flash UK GDP data for the second quarter, which confirmed forecasts and rose by 4.8%. The pairing is currently trading around €1.17. Sterling has benefited from the...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound to Euro Exchange Rate Weakens

12 Aug 2021 at 9 AM - Written by John Cameron

GBP/EUR Trends Lower as German Inflation Soars The Pound Euro (GBP/EUR) exchange rate has weakened today, as a lack of UK data left GBP rudderless. The Euro (EUR), meanwhile, has found modest support after Germany’s inflation rate hit a 28-year high. Pound (GBP) Muted amid Lack of Data The Pound (GBP) is somewhat subdued today...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Rises on Sliding German Consumer Confidence

10 Aug 2021 at 3 PM - Written by John Cameron

GBP/EUR Exchange Rate Edges Higher as German and Eurozone Economic Sentiment Shrinks The Pound Euro (GBP/EUR) exchange rate rose by 0.2% today following the release of the latest Eurozone ZEW survey of economic sentiment for August, which fell below forecasts and contraction from 61.2 to 42.7. The pairing is currently fluctuating around...

CATEGORIES: Euro Forecasts Pound Euro Forecasts

Pound Euro Exchange Rate Dips as UK Factories Face Shortages and Rising Costs

2 Aug 2021 at 2 PM - Written by John Cameron

GBP/EUR Exchange Rate Falls as UK Economic Uncertain Weighs on Sterling The Pound Euro (GBP/EUR) exchange rate dipped today following reports that UK factories are facing shortages and rising costs, despite factory output remaining strong in July. The pairing is currently trading around €1.16. Today’s UK Markit manufacturing figure...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts