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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.

LIVE EXCHANGE RATE 03:48:19 Pound Euro Rate »
GBP/EUR -0 Days Low Days High Last Daily
1.13036 -0.01% 1.12976 1.13052 1.13052

GBP EUR Exchange Rate Softens After Underwhelming January UK Retail Sales

16 Feb 2018 at 10 AM - Written by Frank Davies

As January’s UK retail sales data fell short of forecast the mood of the Pound Euro (GBP EUR) exchange rate remained rather bearish. Although sales still saw a rebound on the month, reversing some of December’s sharp -1.6% contraction, this was not enough to encourage investors. With consumer spending failing to lift as markets had...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Holds Steady as US Inflation Beats Expectations

14 Feb 2018 at 4 PM - Written by John Cameron

US Inflation Smashes Forecasts – GBP/EUR Exchange Rate Gains Support The Pound Euro (GBP/EUR) exchange rate proved resilient on Wednesday, capitalising on the highly anticipated US inflation readings and the drop in demand for the Euro that ensued. The year-on-year US consumer price index (CPI) reading printed at 2.1% in January,...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Exchange Rate Drops on Uncertainty about BoE’s Interest Rate Outlook

9 Feb 2018 at 11 AM - Written by Ben Hughes

On Thursday’s trading session, the Pound to Euro exchange rate saw an overall advance from 1.1314 to a higher rate of 1.1365 in the evening. This closing figure was not the best daily rate, however – at the height of trading, the GBP/EUR exchange rate hit a high of 1.1442. Trader Concerns about BoE Interest Rate Decision Bring...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Exchange Rate Stumbles as UK Service Sector See Dramatic Slowdown

5 Feb 2018 at 2 PM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate has stumbled this morning as the UK’s latest Services PMI came in well below expectations. Pound (GBP) Weakened by Slowdown in Service Sector Sterling has been put on the back foot this morning, following the release of the UK’s latest Services PMI. According to data compiled and published...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Softens as UK Construction Sector Threatens to Stagnate

2 Feb 2018 at 9 AM - Written by David Woodsmith

Ahead of the weekend the Pound Euro (GBP EUR) exchange rate struggled to find any particular traction, with Brexit-based jitters continuing to limit Sterling demand. While Thursday’s UK manufacturing PMI was not overly encouraging on the surface, however, the Pound managed to largely shrug off any negative impact from the data. With...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Holds its Ground Ahead of BoE Comments

30 Jan 2018 at 1 PM - Written by Frank Davies

The Eurozone economy continued to impress with its fourth quarter gross domestic product data, leaving the Pound Euro (GBP EUR) exchange rate under pressure on Tuesday morning. While the Spanish growth rate moderated somewhat its economy still performed strongly over the course of 2017, largely shrugging off the disruption of the Catalan...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Falls from Highs as UK Politics Return to Market Focus

29 Jan 2018 at 3 PM - Written by David Woodsmith

Strong UK data over the last week has done little to give the British Pound to Euro exchange rate a lasting boost, as Euro investors continue to expect strong performance from the Eurozone in 2018 and UK political concerns about the domestic government and Brexit have risen again causing fresh Pound weakness. Last week was eventful for...

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GBP EUR Exchange Rate Advances as Investors Anticipate European Central Bank (ECB) Meeting

22 Jan 2018 at 5 PM - Written by Minesh Chaudhari

Despite news that Germany’s SPD Party had voted to move forward in vital coalition talks with German Chancellor Angela Merkel’s CDU Party, the British Pound to Euro exchange rate continued to strengthen on Monday with Euro investors anxious ahead of this week’s upcoming European Central Bank (ECB) policy decision. Poor UK ecostats...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Stuck Below Opening Levels as Merkel Makes Coalition Breakthrough

12 Jan 2018 at 12 PM - Written by Toni Johnson

The Pound Sterling to Euro exchange rate is stuck below opening levels today as the EUR receives a boost from news that Angela Merkel may be closer to forming another coalition government. Additionally, market demand for USD has been cooled by the approach of key inflation and retail data, allowing the Euro to rise and therefore pressuring...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Falls to Weekly Low as European Central Bank (ECB) Minutes Surprise

11 Jan 2018 at 5 PM - Written by Tim Boyer

Thursday’s European Central Bank (ECB) meeting minutes surprised British Pound to Euro exchange rate traders with its hints that the bank’s tone could be becoming more hawkish in the coming months. The Pound remained limp following Wednesday’s mixed UK ecostats. After opening this week at the level of 1.1278, the GBP/EUR exchange...

CATEGORIES: Pound Euro Forecasts