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Pound Euro Forecast Directory - Page #108

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

Pound Euro Exchange Rate News: GBP/EUR Firmed amid Looming Energy Crisis

5 Sep 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Firmed amid Looming Energy Crisis

The Euro (EUR) Weakened on Mounting Energy Crisis The Euro (EUR) struggled to find much demand on Monday as Russian state-owned Gazprom cut off gas supplies through the Nord Stream 1 pipeline indefinitely. Citing maintenance reasons once again, the Kremlin released a statement, claiming: ‘Gas transportation to the Nord Stream gas...

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Pound Euro Exchange Rate News: GBP/EUR Weakened on Bolstered ECB Rate Hike Bets

2 Sep 2022 at 2 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Weakened on Bolstered ECB Rate Hike Bets

The Euro (EUR) Firmed Despite Downbeat German Data The Euro (EUR) is strengthening despite the balance of trade in Germany widely missing the forecast. The trade surplus fell drastically to €4.9bn in July, missing expectations of €6.2bn. However, lending considerable support is increased expectations of another bold interest rate...

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Pound Euro Exchange Rate News: GBP/EUR Wavered amid Mixed Eurozone Data and the UK’s Rising Living Standards Crisis

1 Sep 2022 at 10 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Wavered amid Mixed Eurozone Data and the UK’s Rising Living Standards Crisis

Pound (GBP) Pressured by Surging Living Standards Crisis The Pound (GBP) struggled for a clear direction on Thursday amidst the persistent headwinds of inflation and recession fears, compounded by the soaring energy bill crisis. In the final hustings of the current leadership campaign, Liz Truss and Rishi Sunak addressed 6000 Tory...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Softened amid Worsening Cost-of-Living Crisis in the UK

30 Aug 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Softened amid Worsening Cost-of-Living Crisis in the UK

Pound (GBP) Undermined by Mounting Recession Expectations The Pound (GBP) continued to fail to drum up support in the face of a looming recession. Economists at Goldman Sachs, having already forecasted an impending recession, have predicted that inflation in the UK could soar past 20% if rising energy prices fail to retreat. With...

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Pound Euro Exchange Rate Slumps as UK Energy Costs Soar

26 Aug 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Slumps as UK Energy Costs Soar

Pound Euro (GBP/EUR) Exchange Rate Drops amid Soaring Energy Costs The Pound Euro (GBP/EUR) exchange rate slipped on Friday. The prospect of soaring energy bills for UK households and businesses likely weighed on the currency pair. Additionally, a weaker US Dollar (USD) saw increased trade on the Euro (EUR) which may have contributed...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Remained Choppy amid Mounting Energy Crisis

25 Aug 2022 at 1 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Remained Choppy amid Mounting Energy Crisis

Pound (GBP) Undermined by Cost-of-Living Crisis The Pound (GBP) failed to find much demand on Thursday as a lack of major data releases left Sterling open to the myriad of domestic issues. With the energy bill cap set to soar beyond 80% in the autumn, increased calls for government intervention to provide fiscal support continues to...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Fluctuates on Mixed GBP Stimulus

24 Aug 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Fluctuates on Mixed GBP Stimulus

GBP/EUR Exchange Rate Climbs, Drops on UK Energy Concerns The Pound Euro (GBP/EUR) exchange rate rose initially this morning as bets for a 50bps interest rate hike from the Bank of England (BoE) supported the Pound (GBP) – subsequently, however, energy price headwinds sapped Sterling support. At the time of writing, GBP/EUR is...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Rises as Single Currency Succumbs to Pressure

23 Aug 2022 at 3 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Rises as Single Currency Succumbs to Pressure

GBP/EUR Exchange Rate Inches Higher as Euro Sentiment Weakens The Pound Euro (GBP/EUR) exchange rate is ticking up today, fuelled by weakness in the Euro (EUR) as opposed to Pound (GBP) strength. Both currencies are facing headwinds this afternoon as PMI data prints mixed and energy fears affect the UK and the Eurozone...

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Pound Euro Exchange Rate Slides Despite Uptick in UK Retail Sales

19 Aug 2022 at 2 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Slides Despite Uptick in UK Retail Sales

Pound Euro (GBP/EUR) Exchange Rate Slumps amid Poor UK Outlook The Pound Euro (GBP/EUR) exchange rate dropped on Thursday despite UK retail sales figures printing above forecasts. The gloomy long-term outlook for the UK economy likely weighed on the currency pair. It’s likely that markets may have pared back bets on more aggressive...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Ticks Up from Near-Weekly Low

18 Aug 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Ticks Up from Near-Weekly Low

GBP/EUR Exchange Rate Rises amid Post-Inflation EUR Slump The Pound Euro (GBP/EUR) exchange rate is climbing so far today despite headwinds in both the UK and the Euro area. Euro (EUR) investors appear to have interpreted finalised inflation data negatively, as today’s reading printed as expected at 8.9%. At the time of writing,...

CATEGORIES: Pound Euro Forecasts

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