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Pound Euro Forecast Directory - Page #101

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

Pound to Euro Exchange Rate: Best in Five Months to Continue?

14 Feb 2024 at 8 AM - Written by John Cameron

STORY LINK Pound to Euro Exchange Rate: Best in Five Months to Continue?

The Pound Euro (GBP/EUR) exchange rate posted gains after stronger-than-expected UK labour-market data with lower unemployment and evidence of sticky wages growth. Although the labour market has cooled, the Bank of England will be concerned that wages growth is still too high to allow an interest rate cut. The Pound to Euro...

CATEGORIES: Pound Euro Forecasts

Pound to Euro: Sterling Looks to Major UK Data Releases to Trigger Breakout

12 Feb 2024 at 9 PM - Written by John Cameron

STORY LINK Pound to Euro: Sterling Looks to Major UK Data Releases to Trigger Breakout

The Pound to Euro (GBP/EUR) exchange rate has continued to find support close to 1.1700 and settled around 1.1715 on Monday as tight ranges have prevailed. UK data this week will have an important market impact and volatility will inevitably increase with the possibility of a breakout. MUFG still forecasts that GBP/EUR can...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Week Ahead Forecast: 1.17 for Now, 1.1495-1.2050 Long-Term

11 Feb 2024 at 12 PM - Written by John Cameron

STORY LINK Pound to Euro Week Ahead Forecast: 1.17 for Now, 1.1495-1.2050 Long-Term

Foreign currency experts at Goldman Sachs expect that the Pound-Euro exchange rate will strengthen to 1.2050 at the end of 2024 before a limited correction to 1.1765 at the end of 2025. In contrast, RBC Capital Markets expects that GBP/EUR will decline to 1.1495 by the end of 2024 with a slide to 1.0640 by the end of 2025. GBP/EUR...

CATEGORIES: Pound Euro Forecasts

Pound to Euro: Sterling Consolidates Above 1.1700

9 Feb 2024 at 12 PM - Written by John Cameron

STORY LINK Pound to Euro: Sterling Consolidates Above 1.1700

Foreign exchange update: The Pound to Euro (GBP/EUR) exchange rate has been held in tight ranges during the past 24 hours with mixed influences on the pair. GBP/EUR held above 1.1700, but unable to challenge resistance level and settled around 1.1715. Although GBP/EUR should hold firm, resistance will be tough to break down. The...

CATEGORIES: Pound Euro Forecasts

Pound Sterling and Euro Both Struggle - Foreign Exchange News

5 Feb 2024 at 7 PM - Written by John Cameron

STORY LINK Pound Sterling and Euro Both Struggle - Foreign Exchange News

Foreign exchange update: The Pound to Euro exchange rate (GBPEUR) found support below the 1.1700 level in Asia on Monday and strengthened to near 1.1720 after the European open. Markets overall are more confident over the UK economic outlook and Euro-Zone investor confidence improved in February, but the Pound and Euro have both lost...

CATEGORIES: Euro Forecasts Pound Euro Forecasts Pound Sterling Forecasts

Pound to Euro Week Ahead Forecast: A Push Towards 1.18?

4 Feb 2024 at 12 PM - Written by John Cameron

STORY LINK Pound to Euro Week Ahead Forecast: A Push Towards 1.18?

Foreign exchange strategists at Credit Agricole forecast that the Pound Sterling (GBP) will strengthen to 1.1900 against the Euro (EUR) by the end of 2024. Danske Bank still forecasts that the GBP/EUR exchange rate will weaken to 1.1235 this year. Relative economic expectations remain a key element and GBP/EUR posted 5-month highs...

CATEGORIES: Pound Euro Forecasts

Pound to Euro: Sterling Dips Below 1.1700 Ahead of Weekend

2 Feb 2024 at 6 PM - Written by James Fuller

STORY LINK Pound to Euro: Sterling Dips Below 1.1700 Ahead of Weekend

The pound-to-euro (GBP/EUR) exchange rate dipped to lows at 1.1685 ahead of Thursday’s Bank of England (BoE) policy meeting. The BoE vote split and guidance were less dovish than expected and this triggered a rebound in the Pound as markets pared expectations of a May interest rate cut. GBP/EUR rallied to 1.1730 and traded above...

CATEGORIES: Pound Euro Forecasts

Pound to Euro FX Outlook: The key GBPEUR level to watch is 1.1765

1 Feb 2024 at 8 AM - Written by John Cameron

STORY LINK Pound to Euro FX Outlook: The key GBPEUR level to watch is 1.1765

The Pound to Euro exchange rate dipped sharply to lows at 1.1670 on Tuesday after slightly better-than-expected Euro-Zone data, but traded back above 1.1700 on Wednesday. The UK data releases have been generally favourable which has helped underpin the Pound while initial Euro-Zone inflation releases have been weaker than expected...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Today: Eurozone Avoids Recession

31 Jan 2024 at 8 AM - Written by John Cameron

STORY LINK Pound to Euro Rate Today: Eurozone Avoids Recession

The Pound to Euro exchange rate hit 5-month highs just below 1.1750 on Monday before a retreat to 1.1710 on Tuesday. Slightly disappointing UK credit data and better-than-expected Euro-Zone GDP data triggered a Pound correction. According to flash data, Euro-Zone GDP was unchanged in the fourth quarter of 2024 compared with...

CATEGORIES: Pound Euro Forecasts

Pound to Euro: Best Money Transfer Rates of Five Months

30 Jan 2024 at 8 AM - Written by John Cameron

STORY LINK Pound to Euro: Best Money Transfer Rates of Five Months

Dovish ECB Expectations Continue to Sap Euro Support, GBP/EUR Exchange Rate Hits Fresh 5-Month Highs The Pound to Euro (GBP/EUR) exchange rate found support at 1.1700 on Friday and posted a further advance on Monday with a fresh 5-month high just above the 1.1730 level. The Euro-Zone economic data releases and Bank of England (BoE)...

CATEGORIES: Pound Euro Forecasts

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