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Pound Euro Forecast Directory - Page #100

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

Pound Euro Exchange Rate News: GBP/EUR Climbed as Eurozone Consumer Inflation Expectations Decline

4 Apr 2023 at 2 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Climbed as Eurozone Consumer Inflation Expectations Decline

Euro (EUR) Undermined by Pared Rate Hike Bets The Euro (EUR) struggled for demand on Tuesday in the wake of the European Central Bank’s (ECB) consumer expectations survey for February. Falling expectations for inflation sapped demand for the Euro as further rate hikes hang in the balance. Compared to January’s survey, consumer...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Rangebound as UK Manufacturing Sector Slumps

3 Apr 2023 at 4 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Rangebound as UK Manufacturing Sector Slumps

Pound Euro (GBP/EUR) Exchange Rate Trends Sideways as Manufacturing Sectors Struggle The Pound Euro (GBP/EUR) exchange rate traded in a narrow range on Monday. The pairing came under pressure from expectations of softer UK inflation, and confirmation of a downturn in UK manufacturing sector output. Conversely, poor Eurozone...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Fluctuated as UK Narrowly Avoids Recession

31 Mar 2023 at 1 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Fluctuated as UK Narrowly Avoids Recession

Pound (GBP) Supported by Surprise GDP Growth The Pound (GBP) experienced mixed fortunes on Friday morning in the wake of GDP growth surprising to the upside. Against expectations of flatlining GDP growth for the last three months of 2022, the final reading came in at a 0.1% increase. Avoiding a second quarter of contracting economic...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Wavered amid Stronger-than-Expected German Inflation

30 Mar 2023 at 4 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Wavered amid Stronger-than-Expected German Inflation

Euro (EUR) Supported by Elevated Rate Hike Expectations The Euro (EUR) traded in mixed directions on Thursday amid a flurry of mixed data. Spanish inflation almost halved, combined with downbeat economic sentiment dragged the Euro lower. However, hotter-than-expected German inflation lifted the single currency once more. The latest...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Strengthens amid Upbeat Service Sector Index

24 Mar 2023 at 11 AM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Strengthens amid Upbeat Service Sector Index

Pound Euro (GBP/EUR) Exchange Rate Strengthens amid Upbeat Service Sector Index The Pound Euro (GBP/EUR) exchange rate strengthened on Friday, following the release of the latest private sector indexes for the UK. While below forecast, they pointed to consistent growth in the UK’s services sector. At the time of writing, GBP/EUR...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Traded Erratically Ahead of BoE Interest Rate Decision

23 Mar 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Traded Erratically Ahead of BoE Interest Rate Decision

Pound (GBP) Undermined by Dovish Rate Hike Fears The Pound (GBP) traded without a clear direction on Thursday as the market await the latest interest rate decision from the Bank of England (BoE). Amid the banking sector turmoil and a shaky UK economy, the central bank will have to tread carefully with the decision. Red-hot inflation...

CATEGORIES: Pound Euro Forecasts

Pound Euro News: GBP/EUR Exchange Rate Rises as UK Inflation Climbs to 10.4%

22 Mar 2023 at 11 AM - Written by John Cameron

STORY LINK Pound Euro News: GBP/EUR Exchange Rate Rises as UK Inflation Climbs to 10.4%

The Pound Euro (GBP/EUR) exchange rate jumped on Wednesday morning after a surprise rise in UK inflation boosted Bank of England (BoE) interest rate rise bets. At the time of writing, GBP/EUR was trading at around €1.1369, having gained 0.2% on the day. Pound (GBP) Jumps as UK CPI Boosts BoE Bets The Pound (GBP) rallied on...

CATEGORIES: Euro Forecasts Pound Euro Forecasts Pound Sterling Forecasts

Pound Euro Exchange Rate News: GBP/EUR Traded Erratically amid a Renewed Hawkish ECB

17 Mar 2023 at 1 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Traded Erratically amid a Renewed Hawkish ECB

Euro (EUR) Undermined by Lingering Banking Crisis Fears The Euro (EUR) enjoyed modest success on Friday despite a lack of economic data and the financial sector crisis concerns. Global market sentiment improved considerably late Thursday when the Federal Reserve announced a $30bn bailout for First Republic Bank. The deal subsequently...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Wavered amid a Dovish ECB 50bps Rate Hike

16 Mar 2023 at 3 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Wavered amid a Dovish ECB 50bps Rate Hike

Euro (EUR) Undermined by Dovish Guidance from Lagarde The Euro (EUR) failed to rally in the wake of the European Central Bank (ECB) raising the interest rate to the highest level since late 2008. Despite inflation remaining stubbornly high, policymakers also commented that the European banking sector remained resilient, with strong capital...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Wavers as Investors Brace for Spring Budget

15 Mar 2023 at 11 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Wavers as Investors Brace for Spring Budget

Pound (GBP) Supported by Extended Energy Support The Pound (GBP) firmed modestly on Wednesday morning ahead of the Spring Budget. An early U-turn from the Treasury boosted spirits as it was announced the Energy Price Guarantee (EPG) will be extended for another three months. Businesses and households will be relieved of the extra...

CATEGORIES: Pound Euro Forecasts

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