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Pound Euro Forecast Directory - Page #120

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

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...

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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...

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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...

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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...

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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

Pound Euro Exchange Rate News: GBP/EUR Wavers as UK Inflation Hits Fresh 40-Year High

20 Jul 2022 at 3 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Wavers as UK Inflation Hits Fresh 40-Year High

Pound (GBP) Wavers Modestly amid Higher-than-Expected Inflation The Pound (GBP) initially strengthened today before slipping back down as inflation rose to its highest level since 1982. CPI for June printed at 9.4%, exceeding expectations of 9.3%. Soaring living costs, led by fuel and food, have seen inflation rise for the ninth...

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Pound Euro Exchange Rate News: GBP/EUR Climbs Modestly Despite UK Political Volatility and Improving Risk-Sentiment

18 Jul 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Climbs Modestly Despite UK Political Volatility and Improving Risk-Sentiment

Pound (GBP) Climbs Despite Continuing Political Volatility The Pound (GBP) is finding modest support today despite the continued infighting of the Conservative party, highlighting the deep divisions in the Tory party. With contrasting and conflicting plans across the board, investors remain cautious as to who would be the one to lead...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Wavers amid Political Uncertainty Weighs Heavy

15 Jul 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Wavers amid Political Uncertainty Weighs Heavy

Pound (GBP) Wavers as Political Uncertainty adds to Social Unrest The Pound (GBP) is trading rangebound today as a strong of political and social issues weigh on the UK. Uncertainty surrounding Boris Johnson’s replacement drags on, as well as fresh strike actions to compound the ‘summer of discontent’. With the final five...

CATEGORIES: Pound Euro Forecasts

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