Pound Euro Forecast Directory - Page #141
A round up of the latest Pound Euro forecast news items from the Currency News desk.
Surprise UK Construction PMI Weakening Weighs on GBP EUR Exchange Rate
4 Sep 2017 at 1 PM - Written by Frank Davies
STORY LINK Surprise UK Construction PMI Weakening Weighs on GBP EUR Exchange Rate
The mood towards the Pound soured further on Monday morning thanks to a disappointing UK construction PMI, prompting a fresh downtrend against the Euro.
Investors were not encouraged to find that activity in the construction sector had eased unexpectedly from 51.9 to 51.1 in August, contrary to expectations of a modest uptick on the...
CATEGORIES: Pound Euro Forecasts
GBP to EUR Exchange Rate Hits 8-Year-Low as ECB Bets Rise
29 Aug 2017 at 4 PM - Written by Toni Johnson
STORY LINK GBP to EUR Exchange Rate Hits 8-Year-Low as ECB Bets Rise
As the third round of Brexit negotiations begin, investors continue to sell the British Pound to Euro exchange rate. Markets remain confident in the Euro outlook as the European Central Bank (ECB) has not taken a notably cautious tone recently.
GBP EUR has been steadily falling almost every week recently and last week saw it drop from...
CATEGORIES: Pound Euro Forecasts
British Pound to Euro FX Rate Flounders on Lack of Data
18 Aug 2017 at 5 PM - Written by John Cameron
STORY LINK British Pound to Euro FX Rate Flounders on Lack of Data
The pound to euro exchange rate crashed lower on Friday afternoon as a UK data drought left Sterling vulnerable to yesterday’s mixed retail sales figures and continued scepticism regarding the UK’s Brexit negotiations.
Year-on-year UK retail sales increased by 1.3% in July, significantly down from the previous month’s revised 2.8%...
CATEGORIES: Currency Predictions Pound Euro Forecasts
GBP EUR Exchange Rate Update: Pound at 7-Year Low as Brexit Fears Hit Home
11 Aug 2017 at 12 PM - Written by Tim Boyer
STORY LINK GBP EUR Exchange Rate Update: Pound at 7-Year Low as Brexit Fears Hit Home
The lack of GBP EUR movement today comes as the Pound to Euro rate nears its lowest level since March 2010.
GBP Heading Down as Slow Data Day Raises Trader Concerns
The lack of confidence seen in the Pound today is largely a symptom of deep-rooted Brexit concerns. With no direct UK data to refer to, traders have instead been focusing on...
CATEGORIES: Pound Euro Forecasts
GBP EUR Exchange Rate Slides over Concerns for Brexit Negotiations
7 Aug 2017 at 11 AM - Written by Toni Johnson
STORY LINK GBP EUR Exchange Rate Slides over Concerns for Brexit Negotiations
The Pound Euro (GBP EUR) exchange rate tumbled at the start of this week’s session following reports that the UK’s Brexit negotiations ‘have not begun well’.
Brexit Negotiations Concerns Weigh on Pound (GBP)
Sterling stumbled in early trade this morning following suggestions that ‘differences’ in the UK government were...
CATEGORIES: Pound Euro Forecasts
GBP to EUR Exchange Rate Edges Higher as UK Manufacturing Beats Expectations
1 Aug 2017 at 1 PM - Written by Tim Boyer
STORY LINK GBP to EUR Exchange Rate Edges Higher as UK Manufacturing Beats Expectations
Sterling has benefitted from domestic data this week more than the Euro and investors have continued to buy the British Pound to Euro exchange rate up from its recent lows. Britain’s July manufacturing PMI beat expectations today.
After a brief dip to a low of 1.1145 on Monday evening, GBP/EUR recovered to above the week’s opening...
CATEGORIES: Pound Euro Forecasts
GBP/EUR Advances despite Soft GDP Data as Markets Await FOMC Meeting
26 Jul 2017 at 12 PM - Written by Toni Johnson
STORY LINK GBP/EUR Advances despite Soft GDP Data as Markets Await FOMC Meeting
The Pound Sterling to Euro exchange rate has been able to gain around 0.2% to trend in the region of 1.1210 today.
This is despite the fact that the latest UK GDP figures have shown that the economy remains on sluggish form, with only a small rise recorded after the sharp first-quarter slowdown.
UK GDP Rises to 0.3% in Second Quarter;...
CATEGORIES: Pound Euro Forecasts