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Pound Euro Forecast Directory - Page #139

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

UK Bank Strength Not Enough to Lift GBP/EUR Exchange Rate Above Opening Levels

28 Nov 2017 at 11 AM - Written by Toni Johnson

STORY LINK UK Bank Strength Not Enough to Lift GBP/EUR Exchange Rate Above Opening Levels

The latest Economic Outlook from the Organisation for Economic Co-operation and Development (OECD) has proven gloomy for the UK, but rosier for the Eurozone. The GBP/EUR exchange rate is now stuck at opening levels, with the approach of German consumer confidence data preventing the Euro from capitalising on Pound Sterling weakness this...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Under Pressure as Eurozone Continues to Power Ahead

24 Nov 2017 at 10 AM - Written by Frank Davies

STORY LINK GBP EUR Exchange Rate Under Pressure as Eurozone Continues to Power Ahead

Demand for the Pound faltered on Friday morning as the latest YouGov survey found that UK consumer confidence had fallen to a post-Brexit low. At 106.6 the measure equalled the reading seen in the immediate aftermath of the Brexit vote, suggesting that consumers are taking a much more gloomy view this month. Some of this was attributed...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Tumbles as Critics Savage November Budget

23 Nov 2017 at 3 PM - Written by David Woodsmith

STORY LINK Pound to Euro Rate Tumbles as Critics Savage November Budget

On Wednesday, the Pound saw a minimal rise against the Euro from an opening exchange rate of 1.1280 to close higher at 1.1270. Pound Battered by Post-Budget Pessimism While the November budget might have gotten a good reception from Conservative MPs on Wednesday, views outside the Commons have been rather less supportive. This has...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Climbs on Hopes Theresa May can Break Brexit Deadlock in Brussels

17 Nov 2017 at 11 AM - Written by Toni Johnson

STORY LINK GBP/EUR Climbs on Hopes Theresa May can Break Brexit Deadlock in Brussels

Hopes of progress in the Brexit negotiations today are boosting the British Pound against the Euro, with the latter currency weakened by another display of caution from the Eurozone’s chief central banker. The GBP/EUR exchange rate has been able to record gains of -0.2% so far this morning, which takes the pairing up to 1.1231. GBP...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Strengthens as Retail Sales Rebound

16 Nov 2017 at 3 PM - Written by John Cameron

STORY LINK GBP EUR Exchange Rate Strengthens as Retail Sales Rebound

The Pound Euro (GBP EUR) exchange rate has risen today as markets welcomed an uptick in UK retail sales last month. Pound (GBP) Advances as Retail Sales Rebound Sterling sentiment was bolstered this morning as data showed that UK retail sales picked up again last month after plummeting in September. According to figures published by the...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rates Inch Ahead on Strong UK Factory Data

10 Nov 2017 at 3 PM - Written by John Cameron

STORY LINK GBP EUR Exchange Rates Inch Ahead on Strong UK Factory Data

The Pound Euro exchange rate crept ahead today as markets responded to the latest run of UK data releases and news that Brexit progress could soon be made. GBP Exchange Rates Bolstered by Solid UK Factory Growth According to data from the Office for National Statistics (ONS), industrial production in the UK leapt to 2.5% year-on-year in...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Euro Rate Rise Triggered by Cautious Optimism about Brexit

7 Nov 2017 at 12 PM - Written by James Fuller

STORY LINK Pound to Euro Rate Rise Triggered by Cautious Optimism about Brexit

On Monday’s trading session, the Pound to Euro rate rose from an opening range of 1.1261 to close higher at 1.1343. Today, GBP/EUR has been trading in the region of 1.1366. This has been part of a continuing rise in the pairing, but is not as good as last week’s high of 1.1446. Pound Appreciates after Government Reassures on...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Edges Higher Despite Solid Eurozone PMIs

6 Nov 2017 at 12 PM - Written by Ben Hughes

STORY LINK GBP to EUR Exchange Rate Edges Higher Despite Solid Eurozone PMIs

Last week saw the British Pound to Euro exchange rate briefly advance on weak Eurozone inflation, before tumbling on the Bank of England’s (BoE) dovish interest rate hike. On Monday morning the pair climbed on hopes for development in the Brexit process. Due to market surprise with the Bank of England’s (BoE) dovishness, the GBP/EUR...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rates Climb on a Positive UK Services PMI

3 Nov 2017 at 4 PM - Written by James Fuller

STORY LINK GBP EUR Exchange Rates Climb on a Positive UK Services PMI

The Pound Euro exchange rate tumbled yesterday as the market response to the perceivably dovish Bank of England (BoE) meeting minutes undermined news that the Monetary Policy Committee (MPC) voted for the first rate hike in a decade. This changed on Friday, however, with a positive UK Markit services PMI shifting things back into the...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Under Pressure Ahead of BoE Rate Decision

2 Nov 2017 at 10 AM - Written by Frank Davies

STORY LINK GBP EUR Exchange Rate Under Pressure Ahead of BoE Rate Decision

With markets jittery ahead of the much-anticipated Bank of England (BoE) interest rate decision the Pound Euro exchange rate remained on a weaker footing. Investors have already largely priced in the impact of a 25bpt rate hike, limiting the upside potential of Sterling in the near term. However, further volatility is expected once the...

CATEGORIES: Pound Euro Forecasts

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