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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 Euro Exchange Rate News: GBP/EUR Wavered as UK Government Debt Surged

22 Nov 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Wavered as UK Government Debt Surged

Pound (GBP) Under Pressure from Surging Debt and Slowing Economy The Pound (GBP) struggled for demand on Tuesday in the wake of troubling government borrowing figures. Perhaps capping any further losses is October’s figure is lower than expected. Expectations of the national debt soaring to £22bn, which would have brought the debt to...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Firms Despite UK Recession Concerns

21 Nov 2022 at 10 AM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Firms Despite UK Recession Concerns

Pound Euro (GBP/EUR) Exchange Rate Rises Despite Investor Recession Concerns The Pound Euro (GBP/EUR) exchange rate firmed on Monday, despite investors concern about the impact of Chancellor Jeremy Hunt’s Autumn Statement. As such, GBP/EUR was trading at around €1.1537 at the time of writing, an increase of roughly 0.2% from...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate News: GBP Rallies as UK Retail Data Exceeds Expectations

18 Nov 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate News: GBP Rallies as UK Retail Data Exceeds Expectations

Pound Euro (GBP/EUR) Exchange Rate Rallies as UK Retail Beats Forecasts The Pound Euro Exchange Rate (GBP/EUR) enjoyed gains on Friday, as UK retail sales and consumer confidence data both printed above forecasts. The data prompted the GBP/EUR pairing to rally to around €1.1493 at the time of writing, an increase of roughly 0.4%...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Drops as Hunt Delivers Autumn Statement

17 Nov 2022 at 1 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Drops as Hunt Delivers Autumn Statement

GBP/EUR Exchange Rate Weighed Down by Hunt’s Autumn Statement The Pound to Euro (GBP/EUR) exchange rate traded narrowly on Thursday, after UK Chancellor Jeremy Hunt delivered his long-awaited Autumn Statement. At time of writing the GBP/EUR exchange rate traded at around €1.1422, which was roughly down 0.3% from Thursday’s opening...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Drops amid UK Inflation Shock

16 Nov 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Drops amid UK Inflation Shock

GBP/EUR Exchange Rate Stumbles as UK Inflation Hits 40-Year-High The Pound to Euro (GBP/EUR) exchange rate dropped on Wednesday, spurred on by UK headline inflation rising to a new 40-year high. At time of writing the GBP/EUR exchange rate traded at around €1.1417, down roughly 0.4% from Wednesday’s opening levels. Pound (GBP)...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Softened as UK Economy Contracted for Second Month

11 Nov 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Softened as UK Economy Contracted for Second Month

Pound (GBP) Weakened as Economy Continues to Contract The Pound (GBP) succumbed to downward pressures exerted by downbeat GDP growth data. The Office for National Statistics (ONS) released data that showed the UK economy contracted as expected for the month of September. Quarterly GDP declined by 0.2%, against an expected 0.5%, but the...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Strengthens as Sunak Attends British-Irish Council

10 Nov 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Strengthens as Sunak Attends British-Irish Council

Pound Euro (GBP/EUR) Exchange Rate Rallies as Sunak Seeks Solution to Northern Ireland Protocol The Pound Euro (GBP/EUR) exchange rate strengthened on Thursday, as UK Prime Minister Rishi Sunak headed to Ireland to discuss the Northern Ireland Protocol. As such, GBP/EUR rose to around €1.1442 at the time of writing, a marked jump of...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Strengthens as Investors Move to Buy the Dip

7 Nov 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Strengthens as Investors Move to Buy the Dip

Pound Euro (GBP/EUR) Exchange Rate Rallies as Investors Buy the Dip The Pound Euro (GBP/EUR) exchange rate strengthened on Monday as investors moved to buy the dip following on from last week’s crash. The move saw the GBP/EUR exchange rate rally to around €1.1471 at the time of writing, a rise of roughly 0.4% from Monday’s...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Nosedives as BoE Warns of Two-Year UK Recession

3 Nov 2022 at 2 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Nosedives as BoE Warns of Two-Year UK Recession

GBP/EUR Exchange Rate Plunges as BoE Forecasts Rattles Markets The Pound to Euro (GBP/EUR) exchange rate plummeted on Thursday in the wake of the Bank of England’s (BoE) key interest rate decision. At time of writing the GBP/EUR exchange rate traded at around €1.1457, down roughly 1.2% from Thursday’s opening levels. Pound...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Muted as GBP Investors Price in Next Interest Rate Hike

28 Oct 2022 at 3 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Muted as GBP Investors Price in Next Interest Rate Hike

GBP/EUR Exchange Rate Sluggishness Caused by Cautious Investors The Pound to Euro (GBP/EUR) exchange rate was directionless on Friday afternoon as a lack of UK data saw GBP investors speculating about the Bank of England’s (BoE) next interest rate decision. At time of writing the GBP/EUR exchange rate traded at around €1.1593,...

CATEGORIES: Pound Euro Forecasts

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