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Pound Euro Forecast Directory - Page #149

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

GBP/EUR Weakens as Manufacturing Data Shows 20-year best for Eurozone

2 Jan 2018 at 2 PM - Written by Toni Johnson

STORY LINK GBP/EUR Weakens as Manufacturing Data Shows 20-year best for Eurozone

The Pound Sterling slipped below opening levels versus the Euro today after a worse than expected result from the latest UK manufacturing data. The GBP/EUR exchange rate has fallen -0.1% to 1.1242, despite analysts receiving the data warmly. Manufacturing PMI Weakens, Prompting GBP Sell Off Markets and analysts appear to have...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Holds Narrow Trend Ahead of German Inflation Data

29 Dec 2017 at 11 AM - Written by David Woodsmith

STORY LINK GBP EUR Exchange Rate Holds Narrow Trend Ahead of German Inflation Data

The Pound Euro exchange rate continued to trend narrowly heading into the weekend, with trading volumes thinning as markets prepared to close for the final time in 2017. Even after the December European Central Bank (ECB) Economic Bulletin demonstrated a more optimistic tone than expected the appeal of the single currency...

CATEGORIES: Pound Euro Forecasts

GBP EUR Fluctuates amid Upbeat UK Wage Growth and Output Reports

28 Dec 2017 at 3 PM - Written by Toni Johnson

STORY LINK GBP EUR Fluctuates amid Upbeat UK Wage Growth and Output Reports

The Pound Euro (GBP EUR) exchange rate fluctuated on Thursday, with Sterling rallying in the morning on the back of two positive reports, the first being wage growth figures from Adzuna, and the second being a production output report from the Confederation of British Industry (CBI). This was, however, short-lived, with the Pound’s...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Subdued after Deputy PM Sacking

21 Dec 2017 at 11 AM - Written by John Cameron

STORY LINK GBP EUR Exchange Rate Subdued after Deputy PM Sacking

The Pound Euro (GBP EUR) exchange rate is struggling to advance this morning following the sacking of first secretary of state Damian Green yesterday evening. Pound (GBP) weakened by Green Sacking Sterling appears to be on the back foot this morning after the firing of one of Theresa May’s closes allies yesterday after the first...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Briefly Advances on UK Industrial Trends Report

18 Dec 2017 at 5 PM - Written by Minesh Chaudhari

STORY LINK GBP to EUR Exchange Rate Briefly Advances on UK Industrial Trends Report

Monday’s UK factory data helped the British Pound to Euro exchange rate to avoid a drop, but the pair’s gains were limited due to appeal in Euro trade as well as persistent Brexit concerns weighing on the Pound’s strength. Last week saw volatility in GBP/EUR, as the pair hit a high of 1.1410 and a low of 1.1297 before closing the...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Strengthens on Increased Market Optimism Over Brexit

18 Dec 2017 at 4 PM - Written by Frank Davies

STORY LINK GBP EUR Exchange Rate Strengthens on Increased Market Optimism Over Brexit

The Pound Euro exchange rate rallied at the start of the week, with investors taking comfort from the prospect of Theresa May’s cabinet formally discussing the UK’s future trade deal with the EU for the first time. This encouraged Sterling to trend sharply higher across the board, boosting hopes that markets will soon get a greater...

CATEGORIES: Pound Euro Forecasts

Higher UK Wage Growth Triggers Pound to Euro Exchange Rate Rise

13 Dec 2017 at 12 PM - Written by Ben Hughes

STORY LINK Higher UK Wage Growth Triggers Pound to Euro Exchange Rate Rise

The GBP/EUR pairing opened in the region of 1.1329 during the morning, later closing higher at 1.1343 by the end of the day. This advance came despite trader uncertainty about UK inflation, which reached 3.1% in November. This unexpected rise from 3% put inflation at an almost-6 year high and brought up difficult questions for Bank of...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Continues to Fluctuate as Investors Await Brexit Developments

6 Dec 2017 at 4 PM - Written by Minesh Chaudhari

STORY LINK GBP to EUR Exchange Rate Continues to Fluctuate as Investors Await Brexit Developments

Due to a lack of impressive Eurozone ecostats in recent sessions, the British Pound to Euro exchange rate has been able to hold its ground. However, Sterling still remains highly volatile as investors are concerned about obstacles preventing progress in Brexit negotiations. Despite all the Brexit news in recent sessions, the GBP/EUR...

CATEGORIES: Pound Euro Forecasts

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

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