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Pound Euro Forecast Directory - Page #152

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

Are Best GBP to EUR Exchange Rates Ahead? | Underlying Pound to Euro Exchange Rate Trends & News

27 Aug 2017 at 9 AM - Written by Ben Hughes

STORY LINK Are Best GBP to EUR Exchange Rates Ahead? | Underlying Pound to Euro Exchange Rate Trends & News

"Overall though, the underlying [EUR/GBP] trend at the moment remains up with the "flash-crash" highs in the 0.9400-0.9700 region the next main upper levels." Lloyds FX Strategy, August 25 It has been another disappointing week for the Pound to Euro exchange rate, which fell to a fresh eight-year low on Wednesday. Foreign exchange...

CATEGORIES: Daily Currency Updates Euro Forecasts Pound Euro Forecasts Pound St 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

GBP/EUR Slumps as Mario Indicates QE Discussions Set for Autumn

20 Jul 2017 at 3 PM - Written by Toni Johnson

STORY LINK GBP/EUR Slumps as Mario Indicates QE Discussions Set for Autumn

A combination of adverse market reaction to UK retail sales figures and hawkish comments from European Central Bank (ECB) President Mario Draghi have pushed the GBP/EUR exchange rate down to an eight-day low. The British Pound to Euro exchange rate has fallen to 1.1213 today, even though UK data was positive on the face of it and the ECB...

CATEGORIES: Pound Euro Forecasts

GBP EUR Rate Slumps -1.2% after UK Inflation Slows

18 Jul 2017 at 4 PM - Written by Toni Johnson

STORY LINK GBP EUR Rate Slumps -1.2% after UK Inflation Slows

In disappointing news for Pound traders, the GBP EUR exchange rate has dropped to a one-week low of 1.1235. GBP EUR Rate Drops -1.2% on Lower Interest Rate Hike Hopes This decline is primarily because of trader fears about the next UK interest rate hike. Previous Bank of England (BoE) commentary has implied that a rate hike could occur...

CATEGORIES: Pound Euro Forecasts

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