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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.

Pound Euro (GBP/EUR) Exchange Rate Rangebound Despite Strong UK GDP Data

12 Aug 2021 at 12 PM - Written by John Cameron

GBP/EUR Exchange Rate Steady, UK GDP Receives Boost from Easing of Lockdown Measures The Pound Euro (GBP/EUR) exchange rate held steady today following the release of the flash UK GDP data for the second quarter, which confirmed forecasts and rose by 4.8%. The pairing is currently trading around €1.17. Sterling has benefited from the...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound to Euro Exchange Rate Weakens

12 Aug 2021 at 9 AM - Written by John Cameron

GBP/EUR Trends Lower as German Inflation Soars The Pound Euro (GBP/EUR) exchange rate has weakened today, as a lack of UK data left GBP rudderless. The Euro (EUR), meanwhile, has found modest support after Germany’s inflation rate hit a 28-year high. Pound (GBP) Muted amid Lack of Data The Pound (GBP) is somewhat subdued today...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Rises on Sliding German Consumer Confidence

10 Aug 2021 at 3 PM - Written by John Cameron

GBP/EUR Exchange Rate Edges Higher as German and Eurozone Economic Sentiment Shrinks The Pound Euro (GBP/EUR) exchange rate rose by 0.2% today following the release of the latest Eurozone ZEW survey of economic sentiment for August, which fell below forecasts and contraction from 61.2 to 42.7. The pairing is currently fluctuating around...

CATEGORIES: Euro Forecasts Pound Euro Forecasts

Pound Euro Exchange Rate Dips as UK Factories Face Shortages and Rising Costs

2 Aug 2021 at 2 PM - Written by John Cameron

GBP/EUR Exchange Rate Falls as UK Economic Uncertain Weighs on Sterling The Pound Euro (GBP/EUR) exchange rate dipped today following reports that UK factories are facing shortages and rising costs, despite factory output remaining strong in July. The pairing is currently trading around €1.16. Today’s UK Markit manufacturing figure...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

GBP EUR Exchange Rate Forecast Pound Euro Dips

23 Jul 2021 at 10 AM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate has dipped since markets opened this morning as the latest flash PMI figures from the UK showed a sharp slowdown in growth. At the time of writing the GBP/EUR pairing are trading around the 1.1650 level as flash PMI figures from the Eurozone hit a 21-year high. Pound (GBP) Exchange Rate Stumbles...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Rises as UK Factory Orders and Output Soars to New Highs

22 Jul 2021 at 2 PM - Written by John Cameron

GBP/EUR Exchange Rate Rises, UK Factory Growth Boosts Sterling The Pound Euro (GBP/EUR) exchange rate rose by 0.4% today as UK factory output and orders surged to their highest growth rate since the 1970s, buoying confidence in the UK economy. The pairing is currently trading around €1.16. Analysts at CBI Economics commented on the UK...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Euro Exchange Rate Falls, UK to Face ‘Summer of Chaos’ says Labour Leader

19 Jul 2021 at 3 PM - Written by John Cameron

GBP/EUR Exchange Rate Sinks, England Lifts Lockdown Restrictions The Pound Euro exchange rate fell by -0.3% today despite England lifting all Covid-19 restrictions on ‘freedom day’. Labour leader Keir Starmer described the decision as being ‘reckless’ setting up the UK for a ‘summer of chaos’. The pairing is trading around...

CATEGORIES: Euro Forecasts Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Trades Sideways as EU Inflation Data Meets Predictions

16 Jul 2021 at 11 AM - Written by John Cameron

Euro (EUR) Struggles to Rally on Positive EU Inflation Data Despite positive EU inflation data, the Euro (EUR) has struggled to find support this morning as analysts remain bullish on the Euro’s trading partners. A persistent buying bias in the US Dollar has weighed upon the single currency, alongside shrinking German yields. This...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Exchange Rate Forecast: Pound Euro Steadily Rises on Jump in UK Inflation

14 Jul 2021 at 10 AM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate has been steadily rising this morning following a jump in inflation figures from the UK, bolstering the appeal of Sterling. At the time of writing the GBP/EUR pairing are trading around the 1.1749 level as the Euro struggles on the back of an unexpected rise in US inflation. Pound (GBP) Exchange...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Exchange Rate Forecast: Pound Euro Exchange Rate Volatile as UK GDP Growth Slows

9 Jul 2021 at 9 AM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate has been trading in a volatile range since markets opened this morning as GDP figures from the UK have shown economic growth softened during May. At the time of writing the GBP/EUR pairing are trending around the 1.1638 level as Euro investors await a speech from European Central Bank (ECB) President...

CATEGORIES: Pound Euro Forecasts