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Pound Euro Forecast Directory - Page #106

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

Pound to Euro Forecast: 1.15 Ceiling for Sterling say ING Strategists

15 Nov 2023 at 2 PM - Written by Ben Hughes

GBP/EUR Exchange Rate Held Below 1.1500, UK Inflation Slide Reinforces BoE Rate-Cut Expectations The Pound to Euro (GBP/EUR) exchange rate hit resistance just above 1.1500 on Tuesday and it drifted lower on Wednesday as the larger-than-expected decline in inflation reinforced expectations that the next Bank of England move would be to...

CATEGORIES: Pound Euro Forecasts

Euro to Pound Sterling Forecast: "Scope for Move Below 0.87" say Rabobank

14 Nov 2023 at 2 PM - Written by John Cameron

GBP/EUR Exchange Rate: Tentative Recovery from 6-Month Lows After UK Wages Data The Pound to Euro (GBP/EUR) exchange rate continued to recover from 6-month lows on Monday with a peak just above 1.1480. GBP/EUR also touched 1.1490 after the UK wages data, but failed to hold the gains and settled just above 1.1475. Rabobank...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Week-Ahead Forecast: "Big Week for Sterling"

13 Nov 2023 at 12 PM - Written by David Woodsmith

GBP/EUR Exchange Rate: Recovers Slightly from 6-Month Lows Ahead of Major UK Data releases The pound-to-euro exchange rate (GBP/EUR) slipped to 6-month lows near 1.1420 on Friday before a tentative recovery to 1.1450 on Monday. The media will focus on politics after Prime Minister sacked Home Secretary Braverman, but economic data...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Forecast: Further Sterling Losses Ahead say SocGen Techs

11 Nov 2023 at 7 AM - Written by John Cameron

UK GDP Data Fails to Impress Pound Sterling, GBP/EUR Exchange Rate Slides to Near 6-Month Lows Although there was slight relief that the UK managed to avoid a negative GDP figure for the third quarter, the data pointed to persistent stagnation and the Pound Sterling (GBP) failed to draw any support. Overall risk appetite has also...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Euro Rate: Forecast at 1.1765 in Three Months say Natwest

5 Nov 2023 at 10 AM - Written by John Cameron

GBP/EUR Exchange Rate: Economic Performance to Dominate Foreign exchange analysts at NatWest take a positive on the outlook for the Pound Sterling (GBP) against the Euro (EUR) and see scope for the British currency to strengthen to 1.1765 on a 3-month view. According to Danske Bank, however, the Pound-to-Euro exchange rate will...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Forecast: Heading for 1.1235, say Danske Bank

1 Nov 2023 at 6 PM - Written by John Cameron

According to Danske Bank, the Pound Sterling (GBP) is forecast to hit 1.1235 against the Euro (EUR) in the coming year. “We continue to forecast EUR/GBP to move modestly higher the coming year to 0.89 [1.1235 for GBP/EUR] on the UK economy performing relatively worse than the euro area," said the currency analysts. In contrast,...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Forecast: 1.1235 in Twelve Months, say Danske

29 Oct 2023 at 8 AM - Written by Ben Hughes

GBP/EUR Exchange Rate: Both Currencies Plagued by Weak Fundamentals Foreign currency experts at Danske Bank expect that the Pound to Euro (GBP/EUR) exchange rate will weaken to 1.1235 on a 12-month view. HSBC is bearish on the UK fundamentals, but considers that the Euro will perform even worse. In this context, it expects...

CATEGORIES: Pound Euro Forecasts

Foreign Exchange Rates: Middle East Fears to Dominate Pound vs Euro and Dollar

27 Oct 2023 at 11 AM - Written by John Cameron

Position Adjustment and Middle East Fears Will Dominate Short-Term Pound and Euro Exchange Rate Moves Against the Dollar Position adjustment will be a key element during Friday on both geo-political and economic grounds. Overall risk conditions have remained vulnerable with further losses in equities on Thursday. There will be...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

Pound Euro Rate Today: Sterling Rallies to 1.1500

26 Oct 2023 at 5 PM - Written by James Fuller

GBP/EUR Exchange Rate Pushes Through 1.1500 as Markets Debate UK and Euro-Zone Recession Threats The Euro and Pound both remain under threat due to a lack of confidence in the Euro-Zone and UK economies respectively. The Pound to Euro (GBP/EUR) exchange rate dipped to lows at 1.1450 on Thursday before rallying to near 1.1500 after...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Exchange Rate Forecast: Buy at 1.1495 say Rabobank

25 Oct 2023 at 12 PM - Written by John Cameron

GBP/EUR: Recovery Triggered by Euro-Zone Recession Fears The latest Euro-Zone and UK business confidence data has maintained a lack of confidence in the outlook for both areas. There is, however, likely to be increased concerns that the ECB has already tightened too much, increasing recession fears and raising fresh speculation that...

CATEGORIES: Pound Euro Forecasts