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Pound Euro Forecast Directory - Page #118

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

GBP/EUR Forecast: Central Banks Speeches to Rescue the Pound Exchange Rates?

26 Sep 2022 at 1 PM - Written by John Cameron

Sterling exchange rates slumped to fresh lows on Monday after Chancellor of the Exchequer Kwasi Kwarteng unveiled his mini-budget, decimating investors’ confidence. After plummeting more than 5% against the US Dollar over the weekend, an all-time low, and subsequently fell dramatically against its peers. With public borrowing already at...

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Pound Euro Exchange Rate News: GBP/EUR Nosedives as Investors Digest Mini Budget

23 Sep 2022 at 4 PM - Written by John Cameron

GBP/EUR Exchange Rate Collapses as Mini Budget Troubles Investors The Pound to Euro (GBP/EUR) exchange rate struck an 18-month low on Friday as Chancellor Kwasi Kwarteng’s mini-budget spooked GBP investors. At time of writing the GBP/EUR exchange rate traded at around €1.1319, which had fallen from Friday’s opening rate by...

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Pound Euro Exchange Rate News: GBP/EUR Traded Erratically as BoE Decision Loomed

22 Sep 2022 at 12 PM - Written by John Cameron

Pound (GBP) Subdued as Markets Await BoE Interest Rate Decision The Pound (GBP) struggled to find much demand in the face of the Bank of England’s (BoE) impending key rate decision. Weighing on Sterling, however, is no matter which direction the central bank takes in raising interest rates, the Pound could remain under pressure. Many...

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Pound Euro Exchange Rate Ticks Up on EUR Headwinds

21 Sep 2022 at 12 PM - Written by John Cameron

GBP/EUR Exchange Rate Firms as Euro Dips on USD Strength The Pound Euro (GBP/EUR) exchange rate is trending up gently this morning as risk-off headwinds subdue both currencies amid geopolitical tensions and central bank trepidation. The Federal Reserve bank are expected to hike interest rates today by either 75 or 100bps, the...

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Pound Euro Exchange Rate News: GBP/EUR Firms ahead of BoE’s Next Rate Hike Decision

20 Sep 2022 at 4 PM - Written by John Cameron

GBP/EUR Exchange Rate Firms ahead of BoE Meeting The Pound to Euro (GBP/EUR) exchange rate strengthened on Tuesday as GBP investors became increasingly sure of a 75bps rate rise at the Bank of England’s (BoE) interest rate decision. At time of writing the GBP/EUR exchange rate traded at around €1.1455, which was roughly up 0.4%...

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Pound Euro Exchange Rate News: GBP/EUR Plummets to 18-Month Low as Cost-of-Living Crisis Deepens

16 Sep 2022 at 3 PM - Written by John Cameron

GBP/EUR Exchange Rate Plunges as Poor UK Retail Data Shocks Investors The Pound to Euro (GBP/EUR) exchange rate dropped on Friday as poor UK retail sales weighed on Sterling. At time of writing the GBP/EUR exchange rate traded at around €1.1421, which was down roughly 0.3% from Friday’s opening levels. Euro (EUR) Capped by...

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Pound Euro Exchange Rate News: GBP/EUR Weakened by ECB Hawkish Comments

15 Sep 2022 at 12 PM - Written by John Cameron

GBP/EUR Exchange Rate Weakened by ECB Vice President’s Hawkish Comments The Pound to Euro (GBP/EUR) exchange rate fell on Thursday following hawkish comments from a European Central Bank (ECB) policymaker. At time of writing the GBP/EUR exchange rate traded at around €1.1518, which was up roughly 0.4% from Thursday’s opening...

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

5 Sep 2022 at 12 PM - Written by John Cameron

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

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

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...

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