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Pound Euro Forecast Directory - Page #103

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

Pound Euro (GBP/EUR) Exchange Rate Weakens as UK Retail Struggles

20 Jan 2023 at 11 AM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Weakens as UK Retail Struggles

Pound Euro (GBP/EUR) Exchange Rate Slips as UK Retail Slumps The Pound Euro (GBP/EUR) exchange rate weakened on Friday, as the UK’s retail sector saw falling sales during December. At the time of writing, GBP/EUR traded at around €1.1414, a loss of 0.2% from Friday’s opening rates. Pound (GBP) Weakens as UK Retail Sales...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Wavered as UK Inflation Eased to 10.5%

18 Jan 2023 at 11 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Wavered as UK Inflation Eased to 10.5%

Pound (GBP) Supported by Further Interest Rate Hikes The Pound (GBP) enjoyed mixed success on Wednesday in the wake of a second straight month of softening inflation. Headline CPI fell to 10.5%, meeting expectations and only slipping modestly from November’s 10.7%. Despite easing, inflation in the UK remains close to 40-year highs,...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Ticks Lower as UK Strike Action Set to Continue

16 Jan 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Ticks Lower as UK Strike Action Set to Continue

Pound Euro (GBP/EUR) Exchange Rate Slips as UK Outlook Darkens The Pound Euro (GBP/EUR) exchange rate ticked lower on Monday. The pairing came under pressure from a poor outlook for the UK. Additionally, GBP/EUR saw losses from bets on hawkish action from the European Central Bank (ECB). At time of writing the GBP/EUR exchange rate...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Climbed Higher amid Growing UK Economy

13 Jan 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Climbed Higher amid Growing UK Economy

Pound (GBP) Buoyed by Surprising Boost in GDP Growth The Pound (GBP) enjoyed a rare boost on Friday as GDP growth beat forecasts and posted a surprising expansion in November. Against an expected shrinking of 0.2%, the UK’s economy surprised everyone and grew by 0.1%. Boosted by the World Cup taking place in winter rather than its...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Slips as UK Job Vacancies Slide

10 Jan 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Slips as UK Job Vacancies Slide

Pound Euro (GBP/EUR) Exchange Rate Falls amid Risk-Off Mood The Pound Euro (GBP/EUR) exchange rate slipped on Tuesday. The pairing was pushed lower by a cautious market mood, as well as hawkish comments from European Central Bank (ECB) officials. GBP/EUR found support from a rise in UK retail sales, however. Hawkish comments from...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Rangebound as Eurozone Unemployment Remains at Record-Low

9 Jan 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Rangebound as Eurozone Unemployment Remains at Record-Low

Pound Euro (GBP/EUR) Exchange Rate Trends Sideways amid Record-Low Eurozone Unemployment The Pound Euro (GBP/EUR) exchange rate traded within a narrow range on Monday. Record-low Eurozone unemployment prevented the currency pair from making any substantial gains. On the other hand, market bets on further interest rate hikes from the...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Slips as UK Construction Contracts

6 Jan 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Slips as UK Construction Contracts

Pound Euro (GBP/EUR) Exchange Rate Weakens as UK Construction Contracts The Pound Euro (GBP/EUR) exchange rate weakened on Friday, as the UK’s construction sector entered contractionary territory. At the time of writing, GBP/EUR traded at around €1.1298, a decline of 0.2% from Friday’s opening rates. Pound (GBP) Slips as...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Slides as UK Government Deficit Widens

21 Dec 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Slides as UK Government Deficit Widens

Pound Euro (GBP/EUR) Exchange Rate Slides as UK Government Borrowing Soars The Pound Euro (GBP/EUR) exchange rate weakened on Wednesday, as UK government borrowing increased far beyond forecasts and indicated a slowdown in investment. At the time of writing, GBP/EUR traded at around €1.1404, a drop of roughly 0.6% from Wednesday’s...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Rangebound as UK Retail Sales Fall Unexpectedly

16 Dec 2022 at 2 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Rangebound as UK Retail Sales Fall Unexpectedly

Pound Euro (GBP/EUR) Exchange Rate Trades Narrowly amid Risk-Off Mood The Pound Euro (GBP/EUR) exchange rate trended sideways on Friday. The currency pair’s gains were limited by an unexpected slump in UK retail sales and a risk-off mood. A paring back of market bets on further European Central Bank (ECB) rate hikes also pushed the...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Slides despite BoE Pointing to Further Rate Hikes

15 Dec 2022 at 1 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Slides despite BoE Pointing to Further Rate Hikes

Pound Euro (GBP/EUR) Exchange Rate Slides despite BoE Pointing to Further Rate Hikes The Pound Euro (GBP/EUR) exchange rate dropped on Thursday, as the Bank of England (BoE) supplemented the promise of further interest rate hikes with a dour outlook on the UK’s economy. At the time of writing, GBP/EUR traded at around €1.1569, a...

CATEGORIES: Pound Euro Forecasts

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