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Pound Euro Forecast Directory - Page #143

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

GBP/EUR Wobbles around Opening Levels despite Strong Factory Order Growth

19 May 2017 at 12 PM - Written by Minesh Chaudhari

STORY LINK GBP/EUR Wobbles around Opening Levels despite Strong Factory Order Growth

The GBP/EUR exchange rate remains stuck around opening levels of 1.1656 today, with strength in both currencies creating a stalemate. Data from the Confederation of British Industry (CBI) has shown that factory orders rose at the swiftest pace in May since February 2015, with the balance of the order book index increasing from 4 to...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Fails to Capitalise as Greece Re-enters Recession

15 May 2017 at 12 PM - Written by Tim Boyer

STORY LINK GBP/EUR Fails to Capitalise as Greece Re-enters Recession

The GBP/EUR exchange rate is struggling around opening levels of 1.1792 today. The British Pound has been kept weak by a new report from EY ITEM Club which offers a dovish forecast for the UK labour market over the coming years. As well as a -0.1% fall in employment in 2018, the unemployment rate will rise from 4.7% to 5.4%, increasing...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Rallies from Worse Levels Amid Euro Profit Taking

26 Apr 2017 at 2 PM - Written by Frank Davies

STORY LINK GBP EUR Exchange Rate Rallies from Worse Levels Amid Euro Profit Taking

The Pound Euro (GBP EUR) exchange rate began to trend higher this morning as investors moved to consolidate their recent gains. The Euro’s advance was halted this morning as markets saw an opportunity for profit taking, following the single currency’s rally after the result of first round voting in the French Presidential...

CATEGORIES: Daily Currency Updates Pound Euro Forecasts

GBP/EUR Recovering, but Could Take another Hit from Retail Surveys

23 Feb 2017 at 10 AM - Written by Toni Johnson

STORY LINK GBP/EUR Recovering, but Could Take another Hit from Retail Surveys

The British Pound to Euro exchange rate was sold from its weekly highs on Friday afternoon as traders expected a relatively quiet week ahead for Sterling demand. Britain’s economic calendar will be relatively quiet until Markit’s February PMIs are published later in the week. The Euro, on the other hand, will be influenced by political...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Drops despite Government Defeat in Supreme Court Case

24 Jan 2017 at 2 PM - Written by James Fuller

STORY LINK GBP EUR Exchange Drops despite Government Defeat in Supreme Court Case

The British Pound to Euro exchange rate extended its daily gains on Wednesday afternoon and headed further above the level of 1.17. GBP traders firmed in anticipation that the UK government would publish a Brexit ‘white paper’. The Euro, on the other hand, became jittery after Ted Malloch, tipped to be US President Trump’s EU...

CATEGORIES: Daily Currency Updates Euro Forecasts Pound Euro Forecasts

Pound Sterling (GBP) to Euro (EUR) Fluctuates Flatly on Bank of England (BoE) Disappointment

16 Dec 2016 at 10 AM - Written by Tim Boyer

STORY LINK Pound Sterling (GBP) to Euro (EUR) Fluctuates Flatly on Bank of England (BoE) Disappointment

The Pound to Euro exchange rate saw little change in movement on Friday as investors continued to react to Thursday’s disappointing Bank of England (BoE) meeting and the latest Brexit news. Meanwhile, the Euro recovered from its lows against the US Dollar. GBP/EUR began the week at the level of 1.1905. After hitting a weekly high of...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Pound Euro Forecasts

Pound Euro Exchange Rate Strengthens on Data-Light Day and Brexit Speculation

12 Dec 2016 at 3 PM - Written by Tim Boyer

STORY LINK Pound Euro Exchange Rate Strengthens on Data-Light Day and Brexit Speculation

Pound Sterling Trends Higher on Brexit Speculation In the absence of fresh domestic data the Pound Euro (GBP EUR) exchange rate has nevertheless trended higher at the start of the week as the mood towards Sterling turned generally positive. Hopes remain that the government will not pursue a hard Brexit, with a campaign group pushing...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Slides over Further 'Brexit' Uncertainty

28 Nov 2016 at 1 PM - Written by Ben Hughes

STORY LINK GBP EUR Exchange Rate Slides over Further 'Brexit' Uncertainty

The GBP EUR exchange rate has dropped by around a cent this morning as market sentiment towards the Pound continues to slide as a result of 'Brexit' fears. Pound Euro (GBP EUR) Exchange Rate Pressured by 'Brexit' Concerns The Pound Euro (GBP EUR) exchange rate continues to suffer from investor uncertainty over 'Brexit' as a cross party...

CATEGORIES: Pound Euro Forecasts Pound Sterling Forecasts

GBP EUR Exchange Rate Rally Comes to an End as Markets Worry about UK Public Finances

22 Nov 2016 at 4 PM - Written by Tim Boyer

STORY LINK GBP EUR Exchange Rate Rally Comes to an End as Markets Worry about UK Public Finances

The GBP/EUR exchange rate has dipped after yesterday’s advance as markets reacted poorly to predictions that Britain’s public borrowing will overshoot the original £55billion target predicted in March’s Budget. Pound Euro (GBP EUR) Exchange Rate Drops on Public Sector Borrowing Concerns The Pound Sterling to Euro (GBP/EUR)...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Exchange Rate Rises as May Hints at Transitional 'Brexit' Deal

21 Nov 2016 at 3 PM - Written by James Fuller

STORY LINK GBP/EUR Exchange Rate Rises as May Hints at Transitional 'Brexit' Deal

The GBP/EUR exchange rate has rallied this afternoon as comments from Prime Minster Theresa May on a possible 'Brexit' deal helped to recover this morning’s losses over concerns for the UK’s Autumn Statement. Pound Euro (GBP EUR) Exchange Rate Recovers as PM Hints at Transitional 'Brexit' Deal The Pound Euro exchange rate recovered...

CATEGORIES: Pound Euro Forecasts

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