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Pound Euro Forecast Directory - Page #109

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

Pound Euro Exchange Rate News: GBP/EUR Wavered on Mixed UK Employment Data

16 Aug 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Wavered on Mixed UK Employment Data

Pound (GBP) Fluctuated on Mixed Employment Data The Pound (GBP) strengthened modestly on positive unemployment data but soon wavered as the rest of the labour market overview printed to mixed results. Unemployment rate held steady at 3.8%, for the third consecutive month as expected. Slightly higher than the first three months of 2022...

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Pound Euro (GBP/EUR) Exchange Rate Trends in Narrow Range on Energy Concerns

15 Aug 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Trends in Narrow Range on Energy Concerns

GBP/EUR Exchange Rate Wavers as Energy Concerns Prevail The Pound Euro (GBP/EUR) exchange rate is trading sideways today as both currencies face headwinds over rising energy costs. A lack of significant data also weighs upon trading sentiment, leaving the Pound (GBP) and the Euro (EUR) exposed to losses against their peers. At...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Falls as UK Economy Contracts in June

12 Aug 2022 at 1 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Falls as UK Economy Contracts in June

Pound Euro (GBP/EUR) Exchange Rate Falls Despite Risk-On Mood The Pound Euro (GBP/EUR) exchange rate slumped on Friday amid poor data releases for the UK. Figures indicated a contraction in the UK economy in June as well as a large trade deficit. Above-forecast industrial production for the Eurozone likely also contributed to the...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Softened amid Darkening UK Economic Outlook

9 Aug 2022 at 3 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Softened amid Darkening UK Economic Outlook

Pound (GBP) Weakened on Bleak Economic Outlook The Pound (GBP) dropped to fresh two-week lows as investors remain cautious after the Bank of England’s (BoE) bleak economic outlook. Political volatility also continues to weigh on the Pound as the race enters its final month before the next Prime Minister is announced. Despite a modest...

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Pound Euro Exchange Rate Falls after BoE interest Rate Decision

4 Aug 2022 at 4 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Falls after BoE interest Rate Decision

Pound Euro (GBP/EUR) Exchange Rate Drops after BoE Interest Rate Decision The Pound Euro (GBP/EUR) exchange rate fell on Thursday after the Bank of England (BoE) rose interest rates by 0.5%. Despite this, forecasts of higher inflation and the possibility of a fourth quarter recession for the UK likely contributed to the currency...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Trades Erratically amid Downbeat Eurozone Data

1 Aug 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Trades Erratically amid Downbeat Eurozone Data

The Euro (EUR) Subdued as Downbeat Data Exacerbates Recession Fears The Euro (EUR) is struggling to find demand today as downbeat data compounds growing inflationary pressures. German retail sales unexpectedly declined in the month of June, as they missed forecasts of a 0.2% increase. Rising living costs are having a direct impact on...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Slides amid Encouraging Eurozone Growth

29 Jul 2022 at 1 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Slides amid Encouraging Eurozone Growth

The Euro (EUR) Rallies on Surprisingly Upbeat Economic Growth The Euro (EUR) is firming despite higher-than-expected inflation. Encouraging economic growth data from around the Euro area is lending considerable support to the single currency. A flurry of crucial data from around the Euro area threatened to sink the Euro as market...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Fluctuates as Gas Security Fears Threaten a Recession

27 Jul 2022 at 3 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Fluctuates as Gas Security Fears Threaten a Recession

Euro (EUR) Under Pressure from Looming Recession Fears The Euro (EUR) is wavering as global risk-off sentiment returns after Russia cuts gas supplies even further from Europe, as the Euro edges towards a recession. Troubling news from Gazprom, state-owned Russian energy supplier, as they have cut gas flows by another 50%. Citing...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Wavers amid Troubling Data Across the Board

22 Jul 2022 at 1 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Wavers amid Troubling Data Across the Board

Pound (GBP) Wavers amid Mixed Data The Pound (GBP) is struggling to find demand today after a flurry of data releases highlight the worsening economic climate. Retail sales continued their slump, as June’s figures mark the second consecutive fall, a 0.1% MoM drop. This comes after a downwardly revised May reading of a 0.8% slide. With...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Slides after Unexpected 0.5% ECB Rate Hike

21 Jul 2022 at 2 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Slides after Unexpected 0.5% ECB Rate Hike

Pound Euro (GBP/EUR) Exchange Rate Tumbles after ECB Interest Rate Decision The Pound Euro (GBP/EUR) exchange rate is trading close to two-week lows today. The European Central Bank’s (ECB) interest rate is likely propelling the currency pair lower. The ECB rose interest rates by 0.5% which came as a surprise to markets. Further woes...

CATEGORIES: Pound Euro Forecasts

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