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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 10:54:52 Pound Euro Rate »
GBP/EUR -0 Days Low Days High Last Daily
1.11701 ▼ -0.19% 1.11607 1.11929 1.11912

GBP EUR Exchange Rate Remains Under Pressure in Spite of Higher UK Inflation

15 Aug 2018 at 1 PM - Written by Ben Hughes

STORY LINK GBP EUR Exchange Rate Remains Under Pressure in Spite of Higher UK Inflation

The Pound Euro (GBP/EUR) exchange rate struggled to find any fresh traction on the back of July’s UK consumer price index, in spite of the headline figure strengthening. While inflation accelerated to 2.5% on the year, in line with market forecasts, this was not enough to shore up Pound Sterling against its rivals. As the monthly...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Rebounds from Worst Levels in Profit Taking

9 Aug 2018 at 3 PM - Written by Tim Boyer

STORY LINK GBP to EUR Exchange Rate Rebounds from Worst Levels in Profit Taking

Amid a lack of fresh reasons to sell the Pound in recent sessions, the British Pound to Euro (GBP/EUR) exchange rate recovered slightly on Thursday. However, analysts predict the Pound’s potential for gains is limited, and that its Thursday gains are likely more due to profit taking and anticipation for upcoming UK data. Due to days of...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Remains Under Pressure as German Exports Hold Steady

7 Aug 2018 at 3 PM - Written by Frank Davies

STORY LINK GBP EUR Exchange Rate Remains Under Pressure as German Exports Hold Steady

Disappointing German industrial production figures were not enough to shore up the Pound Sterling Euro (GBP/EUR) exchange rate on Tuesday. While the Eurozone’s powerhouse economy continued to demonstrate signs of weakness the Euro remained on a generally stronger footing against its rivals. Even though German export volumes stagnated...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Gains Ground as Eurozone PMIs Reveal Signs of Slowing Growth

24 Jul 2018 at 3 PM - Written by Frank Davies

STORY LINK GBP EUR Exchange Rate Gains Ground as Eurozone PMIs Reveal Signs of Slowing Growth

Support for the Pound Sterling Euro (GBP/EUR) exchange rate picked up somewhat on Tuesday, largely thanks to a disappointing round of Eurozone PMIs. While the Eurozone manufacturing sector showed signs of increased momentum this was counterbalanced by a disappointing performance from the service sector. As a result, the composite PMI...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Retreats as UK Labour Report Fails to Impress

17 Jul 2018 at 1 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Retreats as UK Labour Report Fails to Impress

The Pound Euro (GBP/EUR) exchange rate is trending lower today, following the release of some lacklustre wage figures from the UK. Pound (GBP) Exchange Rate Stalls as UK Wage Growth Slows The Pound (GBP) is sliding against the Euro (EUR) and the majority of its other peers this morning as markets reacted to the latest UK employment...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Exchange Rate News: Pound Sterling Weakens on Threat of Brexit Coup

16 Jul 2018 at 4 PM - Written by Tim Boyer

STORY LINK GBP/EUR Exchange Rate News: Pound Sterling Weakens on Threat of Brexit Coup

Last week’s currency movement saw the Pound to Euro exchange rate open trading in the €1.1303 and after five days of fluctuation, close up higher at a level of €1.1316. Weekly trading began on a positive note for Pound Sterling, when May’s GDP figure and a Q2 GDP estimate both showed growth. These results respectively came from...

CATEGORIES: Pound Euro Forecasts

Pound Sterling News: Pound to Euro Exchange Rate Drops -0.4% as Brexit Worries Hit Home

5 Jul 2018 at 5 PM - Written by Toni Johnson

STORY LINK Pound Sterling News: Pound to Euro Exchange Rate Drops -0.4% as Brexit Worries Hit Home

On Wednesday, the Pound to Euro exchange rate opened in the region of 1.1316 and closed higher around 1.1344 by the end of daily trading. The GBP/EUR exchange rate was mainly aided by the morning’s UK services PMI, which revealed unexpected growth in June. Chartered Institute of Procurement and Supply Group Director Duncan Brock...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Advances on Data Ahead of Wednesday’s Key UK Services Report

3 Jul 2018 at 1 PM - Written by Frank Davies

STORY LINK GBP to EUR Exchange Rate Advances on Data Ahead of Wednesday’s Key UK Services Report

While typically a low-influence report, signs of resilience and strength in Britain’s latest UK construction PMI bolstered demand for the British Pound to Euro (GBP/EUR) exchange rate on Tuesday. The Euro was sold in reaction to a disappointing Eurozone retail sales report. Despite its gains this week so far, GBP/EUR saw much greater...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Steady as BoE Issues Brexit Financial Stability Warning

27 Jun 2018 at 4 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Steady as BoE Issues Brexit Financial Stability Warning

Bank of England Points to Risk Factors in Brexit Withdrawal Process – Pound (GBP) Exchange Rate Fall The Pound Euro (GBP/EUR) exchange rate traded within a narrow band on Wednesday, with Sterling limited in light of warnings in the Bank of England’s (BoE) latest financial stability report and the Euro encumbered by the German migrant...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Trades Sideways on Mixed UK Labour Market Data

12 Jun 2018 at 1 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Trades Sideways on Mixed UK Labour Market Data

UK Wage Growth Weakens – Pound Euro (GBP/EUR) Exchange Rate Limited The Pound Euro (GBP/EUR) exchange rate traded sideways on Tuesday, limited by a mixed round of UK labour market statistics and recurrent investor anxiety ahead of the Commons vote on whether MP’s will have a decisive say on the final Brexit deal struck with the...

CATEGORIES: Pound Euro Forecasts

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