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Pound Euro Forecast Directory - Page #140

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

GBP EUR Exchange Rate Retains Lead on Positive UK Manufacturing PMI

1 Nov 2017 at 11 AM - Written by Tim Boyer

The Pound Euro exchange rate retained its lead this morning as markets prepared for tomorrow’s Bank of England (BoE) rate decision whilst responding to a positive UK Markit manufacturing PMI. UK Data Proves Positive – GBP Exchange Rates Climb Data relating to the Pound today proved better than expected, with the UK Markit...

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Solid Eurozone Growth Dents GBP EUR Exchange Rate

24 Oct 2017 at 9 AM - Written by David Woodsmith

Even though the latest raft of Eurozone manufacturing and services PMIs proved somewhat mixed this was not enough to keep the Pound Euro exchange rate on a stronger footing. While the German service sector showed a larger dip in activity than forecast in October the Eurozone’s powerhouse economy still demonstrated general...

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GBP to EUR Exchange Rate Recovers Despite Lower Pound Outlook

20 Oct 2017 at 11 AM - Written by Ben Hughes

After tumbling for most of the week on Brexit concerns and pessimism about Britain’s economic outlook, the British Pound to Euro exchange rate has bounced back from its lows. Market jitters about tension between Spain and Catalonia have weakened the Euro slightly. Despite making a decent advance last week, GBP/EUR has shed all of those...

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GBP EUR Exchange Rate Slumps, Slump in UK Retail Sales to Persist?

19 Oct 2017 at 1 PM - Written by John Cameron

The Pound Euro (GBP EUR) exchange rate fell half a cent this morning as UK retail sales declined faster than expected last month. Pound (GBP) Plummets UK Retail Sales Tumble in September Sterling sentiment took another heavy blow this morning as the latest UK retail figures reported a sharp decline in sales. According to data...

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GBP to EUR Exchange Rate Avoids Further Losses as UK Wages Beat Forecasts

18 Oct 2017 at 11 AM - Written by Toni Johnson

Brexit concerns and a slight drop in Bank of England (BoE) interest rate hike bets caused the British Pound to Euro exchange rate to fall during Tuesday trade. The pair avoided further losses this morning as the latest UK wage data beat expectations. Political uncertainties caused the GBP/EUR exchange rate to fluctuate earlier in the week...

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GBP to EUR Exchange Rate Strengthens as EU Negotiators Offer Hope on Brexit

13 Oct 2017 at 12 PM - Written by Minesh Chaudhari

Hopes that the EU would cooperate with Britain for a post Brexit transitional deal and even hints of trade talks have left the British Pound to Euro exchange rate more appealing on Friday. However, uncertainty remains and has kept the Pound away from its best levels. After opening the week at the level of 1.1138, GBP/EUR tumbled to a low...

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GBP EUR Exchange Rate Slumps Sharply on Brexit ?Deadlock?

12 Oct 2017 at 1 PM - Written by Ben Hughes

As the latest round of Brexit talks ended with rather pessimistic tone from officials the Pound Euro exchange rate slumped sharply. Although earlier signs had pointed towards a lack of any tangible progress at this juncture investors were still disappointed by the downbeat tone of the press conference. With Theresa May still adopting a...

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GBP EUR Exchange Rate Slumps as UK Construction Activity Unexpectedly Shrinks

3 Oct 2017 at 12 PM - Written by John Cameron

After recouping some of yesterday’s losses overnight on Monday the Pound Euro (GBP EUR) exchange rate has fallen sharply again this morning following the release of the UK’s latest Construction PMI. Pound (GBP) Plummets as Construction Sector Activity Contracts Sterling faced another battering in early trade this morning as...

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GBP to EUR Exchange Rate Climbs in Reaction to German Election Results

26 Sep 2017 at 1 PM - Written by David Woodsmith

Despite market disappointment in the latest Brexit developments, Bank of England (BoE) speculation and a weaker Euro have helped the British Pound to Euro exchange rate advance. The Euro has been weak since Monday due to the results of 2017’s German federal election. A brief spike in Brexit jitters caused GBP/EUR to fall from 1.1377 to...

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GBP to EUR Exchange Rate Sold from Highs as Bank of England (BoE) Speculation Cools

19 Sep 2017 at 1 PM - Written by Toni Johnson

September’s Bank of England (BoE) meeting minutes and following speeches from BoE policymakers helped the British Pound to Euro exchange rate to surge, but the BoE Governor, Mark Carney, has since taken a more cautious stance again. Last week saw GBP/EUR surge from 1.0963 to around 1.1377 due to BoE news. The pair briefly touched on a...

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