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Pound Euro Forecast Directory - Page #104

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

Pound Euro Exchange Rate News: GBP/EUR Muted amid Falling UK Inflation

14 Dec 2022 at 12 PM - Written by John Cameron

GBP/EUR Exchange Rate Rangebound as UK’s Inflation eases The Pound to Euro (GBP/EUR) exchange rate was sluggish on Wednesday, as data showed UK inflation fell for the first time in three months. At the time of writing the GBP/EUR exchange rate traded at around €1.1623, which is virtually unchanged from Wednesday’s opening...

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Pound Euro Exchange Rate News: GBP/EUR Traded Erratically amid Mixed UK Jobs Data

13 Dec 2022 at 3 PM - Written by John Cameron

Pound (GBP) Undermined by Climbing Unemployment The Pound (GBP) saw mixed success on Tuesday in the wake of a flurry of jobs data. Overall, investors remained concerned with the labour market as the unemployment figure edged up. The unemployment figure increased for the third consecutive month to 3.7%, but still remains at historical...

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Pound Euro Exchange Rate News: GBP/EUR Climbs amid Sweeping Reforms to UK Financial Sector

9 Dec 2022 at 2 PM - Written by John Cameron

Pound (GBP) Buoyed amid the Proposed Loosening of Financial Rules The Pound (GBP) enjoyed modest success against most of its peers on Friday amid interest rate hike expectations for next week. The Bank of England (BoE) is expected to raise interest rates by 50bps at the next policy meeting, as inflation remains far above the central...

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Pound Euro (GBP/EUR) Exchange Rate Slips as Strikes Impact UK Businesses

8 Dec 2022 at 11 AM - Written by John Cameron

Pound Euro (GBP/EUR) Exchange Rate Slips as Strikes Impact UK Businesses The Pound Euro (GBP/EUR) exchange rate fell on Tuesday, as the waves of industrial action on the UK continued to impact businesses across the country. At the time of writing, GBP/EUR traded at around €1.1582, a decline of roughly 0.3% from Thursday’s opening...

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Pound Euro Exchange Rate News: GBP/EUR Fluctuates amid UK’s Bleak Economic Outlook

2 Dec 2022 at 4 PM - Written by John Cameron

GBP/EUR Exchange Rate Fluctuates as Cost-of-Living Crisis Pulls Focus The Pound to Euro (GBP/EUR) exchange rate has been trading in a broad range today, hindered by downbeat domestic headlines. At time of writing the GBP/EUR exchange rate traded at around €1.1678, which is up roughly 0.3% from Friday’s opening levels. Pound’s...

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Pound Euro Exchange Rate News: GBP/EUR Traded Narrowly on Renewed NI Protocol Hopes

2 Dec 2022 at 12 PM - Written by John Cameron

Pound (GBP) Supported by Northern Ireland Protocol Resolution The Pound (GBP) struggled to gather much strength amid a lack of major data. But it did find support from hopes of an amicable resolution to the Northern Ireland protocol. With growing fears of a trade war between the EU and UK brewing, both sides had hoped for a...

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Pound Euro Exchange Rate News: GBP/EUR Wavered as Eurozone Inflation Softened

30 Nov 2022 at 11 AM - Written by John Cameron

Euro (EUR) Quiet amid Softening Inflation Meanwhile, the Euro (EUR) is zigzagging Wednesday morning as inflation in the Eurozone printed softer than expected. Against expectations of 10.4%, headline CPI came in at 10%, easing far more than anticipated. Expectations of a slowdown in European Central Bank (ECB) interest rate hike...

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Pound Euro Exchange Rate News: GBP/EUR Wavered as UK Mortgage Approvals Slumped

29 Nov 2022 at 3 PM - Written by John Cameron

Pound (GBP) Quiet as Plunging Mortgage Approvals Highlight Slowing Economy The Pound (GBP) failed to establish itself on Tuesday amid a wavering risk sentiment in the global market. With Covid protests rocking market confidence, investors soon jumped ship and preferred safe-haven currencies. However, an increase in China’s vaccination...

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Pound Euro (GBP/EUR) Exchange Rate Weakens as Risk-Averse Market Supports EUR

28 Nov 2022 at 11 AM - Written by John Cameron

Pound Euro (GBP/EUR) Slides as Risk-Averse Market Supports Euro The Pound Euro (GBP/EUR) exchange rate weakened on Monday, as risk-averse market sentiment served to boost the safer Euro against the Pound. As such, the GBP/EUR exchange rate fell to around €1.1537, a drop of nearly 0.8% from Monday’s opening rates. Euro (EUR)...

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Pound Euro (GBP/EUR) Exchange Rate Rangebound as UK Retail Sector Struggles with Recession

25 Nov 2022 at 11 AM - Written by John Cameron

Pound Euro (GBP/EUR) Exchange Rate Narrows as UK Retail Sector Struggles The Pound Euro (GBP/EUR) exchange rate traded flatly on Friday, as the UK retail sector began to struggle with the recession and cost-of-living crisis gripping the country. At the time of writing, GBP/EUR traded at around €1.1636, and showed little movement...

CATEGORIES: Pound Euro Forecasts