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Pound Euro Forecast Directory - Page #173

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

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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Pound Euro Exchange Rate Forecast - Gains Predicted for GBP/EUR

28 Feb 2014 at 1 PM - Written by Tim Boyer

The Pound euro exchange rate GBP/EUR has lurched one way and then the other so far during today’s session. The Pound recorded strong gains against the eurozone tender in early trading thanks to the early morning publication of this month’s Nationwide House Price survey, which showed that British property prices are increasing at an...

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Gains Forecast For GBP EUR Exchange Rate

12 Feb 2014 at 3 PM - Written by Frank Davies

The Bank of England’s Quarterly Inflation Report, published this morning, brought the anticipated adjustment to the UK central bank’s Forward Guidance statement of last August. At that time, the BOE was still advising investors that it would countenance an increase in domestic interest rates should the overall level of UK unemployment...

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Euro To Pound Sterling Exchange Rate Forecast: Will EUR/GBP Rapidly Decline in 2014

10 Feb 2014 at 9 AM - Written by John Cameron

The euro to Pound Sterling exchange rate (EUR/GBP) enjoyed a positive session last week, climbing from an opening level just slightly north of 0.8200 to almost 0.8350 just before Friday’s closing bell. The move higher for the pair was largely driven by comments from European Central Bank President Mario Draghi who stated during his post ECB...

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GBP EUR Exchange Rate Steady, GBP ZAR Forecast To Continue To Rise

31 Jan 2014 at 1 PM - Written by David Woodsmith

The tone of this morning’s data releases from the eurozone was distinctly negative, but the single currency has so far failed to weaken significantly against the Pound. The Sterling euro exchange rate (GBP/EUR) has held steady throughout the day, weakening only very slightly from its intraday low of 1.2130 to touch 1.2172 earlier on. The...

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