Currency News

Daily Exchange Rate Forecasts & Currency News

Pound Euro forecast - GBP EUR

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

LIVE EXCHANGE RATE 14:18:03 Pound Euro Rate »
GBP/EUR +0 Days Low Days High Last Daily
1.11381 +0.21% 1.10977 1.11570 1.11146

Pound to Euro: Exchange Rate Slips as UK PM Theresa May Survives No Confidence Vote

12 Dec 2018 at 4 PM - Written by Toni Johnson

GBP/EUR Exchange Rate Jumps Back to €1.11 On News of No-Confidence Vote  The expectation that Prime Minister Theresa May will survive tonight’s vote of no confidence sent the Pound soaring on Wednesday, with GBP/EUR jumping 0.7% to trade in the region of €1.1115.   The outcome of the vote is likely to encourage further movement...

CATEGORIES: Pound Euro Forecasts

Relief: Pound to Euro Exchange Rate Edges Away from Worst Levels despite Persisting Brexit Uncertainties

11 Dec 2018 at 5 PM - Written by James Fuller

As UK PM Theresa May rushed around the EU to acquire assurances on some details of her negotiated UK-EU Brexit deal, some investors opted to buy the embattled British Pound to Euro (GBP/EUR) exchange rate back from its worst levels on Tuesday. Sterling’s gains were ultimately limited, despite economic and political uncertainties weighing on...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Forecast: Second Week of Exchange Rate Losses as Brexit Uncertainties Build

7 Dec 2018 at 11 AM - Written by Toni Johnson

The British Pound to Euro exchange rates have been unable to benefit from weakness in the single currency or brief rises in speculation that the Brexit process could be somehow avoided altogether. Since opening this week at the level of 1.1265, GBP/EUR has trended with a significant downside bias. GBP/EUR touched a two month low of 1.1186...

CATEGORIES: Pound Euro Forecasts

Pound to Euro (GBP/EUR) Exchange Rate Struggles to Climb as Brexit Fears Persist and German Data Improves

6 Dec 2018 at 10 AM - Written by Ben Hughes

The Pound Sterling (GBP) outlook could change significantly over the next few weeks – with one of the most pivotal Brexit developments events set for next week. As a result, investors are hesitant to keep buying the British Pound to Euro (GBP/EUR) exchange rate and the pair shed most of its Wednesday recovery attempt overnight. Since...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Falls Back in Spite of Solid UK Construction PMI

4 Dec 2018 at 3 PM - Written by Frank Davies

November’s solid UK construction PMI was not enough to keep the Pound Sterling to Euro (GBP/EUR) exchange rate on a stronger footing for long. Even though the headline PMI showed an improvement on the month, with business confidence lifting away from its recent multi-month lows, the Pound struggled to hold onto a sense of...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Struggles as BoE Raises ‘No-Deal’ Brexit Alarm

29 Nov 2018 at 2 PM - Written by John Cameron

GBP/EUR Exchange Rate Down after BoE’s ‘Project Hysteria’ Forecast The Pound Euro (GBP/EUR) exchange rate is down today after the Bank of England (BoE) predicted a dire Sterling drop of up to 25% if the UK faced a ‘no-deal’ Brexit scenario. The Governor of the Bank of England, Mark Carney raised the alarm, saying: ‘[W]e...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Rises as German Consumer Confidence Slips

28 Nov 2018 at 3 PM - Written by John Cameron

GBP/EUR Exchange Rate Recovers Ground on Poor German Consumer Confidence Data The Pound Euro (GBP/EUR) exchange rate gained ground today, and is currently trading at €1.1336, after the release of Germany’s poor Gfk consumer confidence figures dampened investor confidence in the single currency. The EUR was also hit after its initial...

CATEGORIES: Pound Euro Forecasts

British Pound to Euro Exchange Rate Falls on Trump’s Dig at Brexit Agreement

27 Nov 2018 at 1 PM - Written by David Woodsmith

Pound Euro (GBP/EUR) Exchange Rate Falls on Trump’s Dig at Brexit Agreement The Pound Euro (GBP/EUR) exchange rate dropped today, and is currently trading at €1.1273, after US President Donald Trump criticised the Brexit withdrawal agreement and raised doubts about future US-UK trade. EUR found strength this week after Italy showed...

CATEGORIES: Pound Euro Forecasts

Pound Sterling vs Euro Exchange Rate Slumps despite Italy Budget Row

21 Nov 2018 at 4 PM - Written by John Cameron

GBP/EUR Exchange Rate Slumps despite Italian Tensions Intensifying The Pound Sterling Euro (GBP/EUR) exchange rate has made an unsuccessful attempt to push back today with the Pound falling to an inter-bank rate of €1.1214. Brussels has escalated its row with Rome over Italy’s 2019 budget, stating that its plan to stimulate their...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Recovers from Monday Slip as Eurozone Economic Sentiment Slumps

13 Nov 2018 at 12 PM - Written by Tim Boyer

Fears that UK-EU Brexit negotiations could collapse or that UK Parliament could block a potential Brexit deal even if one is reached has kept major pressure on the British Pound to Euro (GBP/EUR) exchange rate, but some strong UK data and concerning Eurozone data has made it easier for the pair to hold above its worst levels. Due largely...

CATEGORIES: Pound Euro Forecasts