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Pound Euro Forecast Directory - Page #167

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

GBP EUR Gains Forecast For Pound Sterling Euro Exchange Rate On ECB Interest Rate Decision

30 May 2014 at 2 PM - Written by James Fuller

Weaker than anticipated German Retail Sales numbers for April and a below-expectations set of Italian Consumer Price Index numbers have held back the euro (currency:EUR) today. The upshot saw the Pound euro exchange rate (GBP/EUR) break back above the 1.2300 threshold earlier on. The single currency remains highly susceptible to any...

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Pound Euro Forecast 2014: GBP EUR Exchange Rate Mixed Outlook

23 May 2014 at 5 PM - Written by John Cameron

For the third day in succession, the Sterling euro exchange rate (GBP/EUR) has struck another fresh high today. The move up to 1.2374 marginally eclipsed yesterday’s peak of 1.2371 and Wednesday’s 1.2368. The three consecutive closes above the pair’s previous 16-month high of 1.2358 over the past three days send out a strong...

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Euro to Pound Exchange Rate Close to Lowest in 16 Months; GBP/EUR Forecast Today

23 May 2014 at 9 AM - Written by Ben Hughes

The Euro to Pound exchange rate (EUR/GBP) loitered at close to its lowest level for 16 months during yesterday’s trading session as the 28 nation bloc voted on its regional representatives in Brussels. The euro to Sterling exchange rate (EUR/GBP) traded in a relatively tight trading range between 0.8082 and 0.8112 on the day, but many...

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Pound Sterling to Euro Exchange Rate (GBP/EUR) Forecast Heads Higher Following Trade Data

16 May 2014 at 3 PM - Written by David Woodsmith

Pound to Euro (GBP EUR) Exchange Rate Forecast 2014: The consensus amongst economists following this morning’s whole of eurozone trade data has seen the near term forecast for the Pound Euro exchange rate forecast edge higher. The Sterling to Euro exchange rate is currently trading up +0.27% at 1.22762 GBP/EUR. Whole of eurozone trade...

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Pound to Euro Exchange Rate Forecast: Analysts Expect GBP EUR Rate To Rise As Euro Zone QE Rumours Escalate

15 May 2014 at 9 AM - Written by Ben Hughes

Pound to Euro Exchange Rate Forecast (GBP/EUR): A little-mentioned economic statistic, published in Germany during pre-trading in the lead-up to yesterday’s European equities session, may have pronounced ramifications for the future prospects for the euro (currency:EUR). The latest Consumer Price Index data from the powerhouse Teutonic...

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GBP EUR Outlook: UK GDP Data Sends Pound to Euro Exchange Rate Down & Bounces Back on German Inflation Data

29 Apr 2014 at 4 PM - Written by Ben Hughes

The Pound Sterling initially lost ground against the euro today, sending the Pound Euro exchange rate down towards the 1.2100 GBP/EUR threshold earlier, following a disappointing set of GDP figures. However, some patchy eurozone economic surveys and tame German inflation data have triggered a comeback for GBP/EUR this afternoon. Currently,...

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Pound Euro Exchange Rate Fails To Set 15 1/2 Month High Triggering Negative Exchange Rate Forecast

23 Apr 2014 at 5 PM - Written by John Cameron

In a key technical move, the Pound euro exchange rate made a run at its 15 ½ month high of 1.2258 GBP/EUR during late trading yesterday. However, a combination of a wishy-washy set of Bank of England minutes and relatively strong data from the eurozone meant that Sterling to Euro rate topped out at 1.2198 GBP/EUR during yesterday’s US...

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GBP/EUR Forecast To Climb Following ECB Draghi?s Comments

3 Apr 2014 at 6 PM - Written by Ben Hughes

This afternoon’s Press Conference from the European Central Bank President Mario Draghi yielded comments which could hurt the euro for months to come. The questions and answers session, which followed the European Central Bank’s announcement that it would be maintaining its key lending rate at its current record low of 0.25%, included a...

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Pound Euro Outlook: GBP EUR Exchange Rate Predicted To Climb

3 Apr 2014 at 9 AM - Written by John Cameron

Trading in the global currency markets during yesterday’s session was subdued as investors sat on their hands ahead of a raft of keynote data releases across the eurozone and the UK today. A pair of PMI services readings from mainland Europe and Britain lead the way at 0930hrs BST. Analysts’ expectations are for the eurozone version to...

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GBP EUR Exchange Rate Outlook: UK CPI Inflation Drop Sends Pound Sterling to Euro Higher

25 Mar 2014 at 1 PM - Written by Ben Hughes

Official figures published by the UK Office of National Statistics (ONS) earlier today revealed that the level of UK inflation plunged to 1.7% last month – its lowest level for some four years. This was the second month on the trot that the official gauge of British price rises had registered at below the Bank of England’s 2.0% target,...

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