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Pound Euro Forecast Directory - Page #105

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

Pound to Euro December Forecast: Potential Scope to 1.1630

30 Nov 2023 at 10 PM - Written by Frank Davies

The Pound to Euro exchange rate strengthened to 7-week highs just above 1.1600 in early Europe on Thursday before a retreat to 1.1580 in choppy trading. Interest-rate expectations will remain a key driver for GBP/EUR in the short term and the Pound should maintain an underlying firm tone in the short term. The latest data has...

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Pound to Euro Forecast: 1.1765 in Six Months say Rabobank

29 Nov 2023 at 6 PM - Written by Toni Johnson

The Pound-to-Euro exchange rate (GBP/EUR) held a firm tone on Wednesday as the Bank of England (BoE) maintained hawkish rhetoric while weaker-than-expected inflation data from two Euro-Zone countries increased expectations of 2024 ECB rate cuts. In this environment, the British Pound advanced to 6-week highs against the Euro at 1.1570...

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Euro to Pound Forecast: "EURGBP consolidate around 0.87" say Barclays

28 Nov 2023 at 3 PM - Written by Tim Boyer

The Pound Euro exchange rate (GBP/EUR) hit 3-week highs at 1.1550 on Monday before settling around 1.1535 with little change on Tuesday. UK equities retreated on Monday and registered further losses on Tuesday with weaker risk conditions tending to limit the scope for further Pound buying. Andrew Jones, portfolio manager at Janus...

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Pound to Euro Rate: Tipped to 1.1630 on Break Above 1.1550, say ING

27 Nov 2023 at 4 PM - Written by Ben Hughes

The Pound to Euro exchange rate (GBP/EUR) has made headway on Monday and posted a 3-week high just above the 1.1540 level. Marke expectations surrounding potential Bank of England (BoE) rate cuts have been scaled back slightly in absolute terms and compared with the ECB which has underpinned the Pound. There is still an important...

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Pound to Euro Long-Term Forecast: Slide to 1.0525 End-2025 say Unicredit

26 Nov 2023 at 7 PM - Written by David Woodsmith

Foreign exchange strategists at ING Bank expect the Pound to Euro exchange rate (GBPEUR) to make a decisive break above 1.1500 in the short term. As a reference, today's GBP/EUR is 1.15196. From a longer-term perspective, Unicredit expects a retreat to 1.1365 at the end of 2024 and further sharp losses to 1.0525 at the end of...

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Pound to Euro Forecast: Break Above 1.15 say ING Analysts

24 Nov 2023 at 9 PM - Written by Frank Davies

The pound-to-euro exchange rate (GBP/EUR) was able to make net headway on Thursday and settled just above the 1.1500 level on Friday. The relative outlook for Euro-Zone and UK economies will remain a key element with a particular focus on Germany. The overall data flow has indicated a slightly more positive UK position which will...

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Pound to Euro: "We're Sticking to Forecasts of Weaker Pound" say MUFG

24 Nov 2023 at 8 AM - Written by David Woodsmith

GBP/EUR Exchange Rate Posts 2-Week Highs as UK Services-Sector Returns to Growth Overall business confidence data from the Euro-Zone and UK were close to expectations, but a return to expansion territory for the UK services sector and on-going concerns over Euro-Zone recession combined to underpin the Pound. The Pound to Euro...

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The Pound to Euro: Rate Tipped to 1.1500 on Tax Talk say ING

21 Nov 2023 at 1 PM - Written by Tim Boyer

Foreign exchange analysts see scope for Pound Sterling gains against the Euro in the short-term outlook. At the time of writing, the Pound to Euro exchange rate was trading at 1.1451. Monetary and fiscal policy both have scope to provide limited net British Pound support in the near term. Markets are confident that there will be...

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Pound to Euro Forecast: 1.1235 in 12 Month Outlook, say Danske

19 Nov 2023 at 1 PM - Written by John Cameron

Danske Bank forecasts the British Pound to weaken to 1.1235 against the US Dollar in a year, with JP Morgan expecting the GBP/EUR rate to remain at 1.1500 by September 2024. Market expectations of BoE rate cuts, following lower UK inflation and retail data, have led to a bearish view on the Pound. The BoE is anticipated to cut...

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The Pound to Euro: Forecast to Weaken, but Fall "Will be Slow" says Socgen

16 Nov 2023 at 9 PM - Written by David Woodsmith

UK Inflation Data Cements BoE Rate-Cut Expectations, GBP/EUR Slides to 6-Month Lows The Pound to Euro (GBP/EUR) exchange rate has slipped to fresh 6-month lows just below 1.1410 before a recovery to 1.1425. Pound Sterling lost ground following Wednesday’s inflation data and has been unable to regain territory in European trading...

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