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Pound Euro forecast page 13 - GBP EUR

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

LIVE EXCHANGE RATE 19:23:25 Pound Euro Rate »
GBP/EUR +0 Days Low Days High Last Daily
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Pound Euro Exchange Rate News: GBP/EUR Weakened as UK Economy Records Zero Growth

13 Apr 2023 at 4 PM - Written by John Cameron

Pound (GBP) Undermined by Flatlining Economy The Pound (GBP) came under increased pressure on Thursday morning as the Office for National Statistics (ONS) revealed that the UK economy missed forecasts of a mild expansion and stagnated for the month of February. Against expectations of a 0.1% increase, the UK’s economy recorded zero...

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Pound Euro Exchange Rate News: GBP/EUR Fluctuated amid Surging German Industrial Production

6 Apr 2023 at 12 PM - Written by John Cameron

Euro (EUR) Supported by Strong German Industrial Production The Euro (EUR) traded with mixed success on Thursday amid a cautious market mood. Providing modest support, however, is better-than-expected industrial production in the bloc’s largest economy. German industrial production surprised to the upside and printed far above...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Climbed as Eurozone Consumer Inflation Expectations Decline

4 Apr 2023 at 2 PM - Written by John Cameron

Euro (EUR) Undermined by Pared Rate Hike Bets The Euro (EUR) struggled for demand on Tuesday in the wake of the European Central Bank’s (ECB) consumer expectations survey for February. Falling expectations for inflation sapped demand for the Euro as further rate hikes hang in the balance. Compared to January’s survey, consumer...

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Pound Euro (GBP/EUR) Exchange Rate Rangebound as UK Manufacturing Sector Slumps

3 Apr 2023 at 4 PM - Written by John Cameron

Pound Euro (GBP/EUR) Exchange Rate Trends Sideways as Manufacturing Sectors Struggle The Pound Euro (GBP/EUR) exchange rate traded in a narrow range on Monday. The pairing came under pressure from expectations of softer UK inflation, and confirmation of a downturn in UK manufacturing sector output. Conversely, poor Eurozone...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Fluctuated as UK Narrowly Avoids Recession

31 Mar 2023 at 1 PM - Written by John Cameron

Pound (GBP) Supported by Surprise GDP Growth The Pound (GBP) experienced mixed fortunes on Friday morning in the wake of GDP growth surprising to the upside. Against expectations of flatlining GDP growth for the last three months of 2022, the final reading came in at a 0.1% increase. Avoiding a second quarter of contracting economic...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Wavered amid Stronger-than-Expected German Inflation

30 Mar 2023 at 4 PM - Written by John Cameron

Euro (EUR) Supported by Elevated Rate Hike Expectations The Euro (EUR) traded in mixed directions on Thursday amid a flurry of mixed data. Spanish inflation almost halved, combined with downbeat economic sentiment dragged the Euro lower. However, hotter-than-expected German inflation lifted the single currency once more. The latest...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Strengthens amid Upbeat Service Sector Index

24 Mar 2023 at 11 AM - Written by John Cameron

Pound Euro (GBP/EUR) Exchange Rate Strengthens amid Upbeat Service Sector Index The Pound Euro (GBP/EUR) exchange rate strengthened on Friday, following the release of the latest private sector indexes for the UK. While below forecast, they pointed to consistent growth in the UK’s services sector. At the time of writing, GBP/EUR...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Traded Erratically Ahead of BoE Interest Rate Decision

23 Mar 2023 at 12 PM - Written by John Cameron

Pound (GBP) Undermined by Dovish Rate Hike Fears The Pound (GBP) traded without a clear direction on Thursday as the market await the latest interest rate decision from the Bank of England (BoE). Amid the banking sector turmoil and a shaky UK economy, the central bank will have to tread carefully with the decision. Red-hot inflation...

CATEGORIES: Pound Euro Forecasts

Pound Euro News: GBP/EUR Exchange Rate Rises as UK Inflation Climbs to 10.4%

22 Mar 2023 at 11 AM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate jumped on Wednesday morning after a surprise rise in UK inflation boosted Bank of England (BoE) interest rate rise bets. At the time of writing, GBP/EUR was trading at around €1.1369, having gained 0.2% on the day. Pound (GBP) Jumps as UK CPI Boosts BoE Bets The Pound (GBP) rallied on...

CATEGORIES: Euro Forecasts Pound Euro Forecasts Pound Sterling Forecasts

Pound Euro Exchange Rate News: GBP/EUR Traded Erratically amid a Renewed Hawkish ECB

17 Mar 2023 at 1 PM - Written by John Cameron

Euro (EUR) Undermined by Lingering Banking Crisis Fears The Euro (EUR) enjoyed modest success on Friday despite a lack of economic data and the financial sector crisis concerns. Global market sentiment improved considerably late Thursday when the Federal Reserve announced a $30bn bailout for First Republic Bank. The deal subsequently...

CATEGORIES: Pound Euro Forecasts