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

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Pound Euro (GBP/EUR) Exchange Rate Loses Traction as UK Consumer Credit Growth Slides

3 Jan 2020 at 10 AM - Written by Frank Davies

Weaker UK Consumer Credit Weighs on Pound Sterling Euro (GBP/EUR) Exchange Rate A sharper-than-expected easing in November’s UK consumer credit figure left the Pound Sterling to Euro (GBP/EUR) exchange rate on the back foot ahead of the weekend. As borrowing dropped from 1.33 billion to 0.56 billion this suggests that households took...

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Pound Euro (GBP/EUR) Exchange Rate Sheds Ground as UK Manufacturing Decline Worsens

2 Jan 2020 at 4 PM - Written by Frank Davies

Pound Euro (GBP/EUR) Exchange Rate Slips as UK Manufacturing Contraction Deepens A slight upward revision to December’s UK manufacturing PMI was not enough to prevent the Pound Sterling to Euro (GBP/EUR) exchange rate from sliding on Thursday. In spite of the slight upgrade from its initial reading the index still hit its...

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Pound Euro (GBP/EUR) Exchange Rate Rises as UK Construction Shows Signs of Recovery

3 Dec 2019 at 12 PM - Written by John Cameron

Pound Sterling Euro (GBP/EUR) Exchange Rate Rallies as UK Construction Downturn Eases The Pound Sterling Euro (GBP/EUR) exchange rate rose on Tuesday following the release of UK construction data. The pairing is currently trading at around €1.1728. Sterling edged up today as the pace of decline in the UK construction sector eased in...

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Pound Euro (GBP/EUR) Exchanger Rate Flat as YouGov Predicts Comfortable Tory Majority

28 Nov 2019 at 12 PM - Written by John Cameron

Pound Sterling Euro (GBP/EUR) Exchange Rate Touches Near Seven-Month High The Pound Sterling Euro (GBP/EUR) exchange rate remained muted on Thursday, leaving the pairing trading at around €1.1729. Last night, YouGov released its seat-by-seat predictions for the UK general election which offered Sterling some support. This allowed...

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Pound Euro (GBP/EUR) Exchange Rate Flat as Election Debate Not ‘Game Changing’

20 Nov 2019 at 12 PM - Written by John Cameron

Pound Sterling Euro (GBP/EUR) Exchange Rate Muted After ‘Dead Heat’ Debate The Pound Sterling Euro (GBP/EUR) exchange rate was left flat on Wednesday, with the pairing trading at around €1.1673. Sterling was left flat following Tuesday’s inconclusive ITV debate between Prime Minister Boris Johnson and Labour leader, Jeremy...

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Downbeat Data Increases Chances of BoE Cut, Leaving Pound Euro (GBP/EUR) Exchange Rate Flat

13 Nov 2019 at 12 PM - Written by John Cameron

Pound Sterling Euro (GBP/EUR) Exchange Rate Muted as Low UK Inflation Offers Households a Boost The Pound Sterling Euro (GBP/EUR) exchange rate was left muted as UK inflation fell, leaving the pairing trading around €1.1663. Sterling was left flat as data revealed UK inflation had fallen to an annual rate of 1.5%, its lowest level...

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GBP to EUR Exchange Rate Gives up Weekly Gains after Shock Bank of England (BoE) Split

7 Nov 2019 at 1 PM - Written by James Fuller

For most of the week so far, the British Pound to Euro (GBP/EUR) exchange rate trended higher due to a combination of UK election hopes and concerns about the health of Germany’s economy amid broad recession fears. However, following a surprise shift in stance from Bank of England (BoE) officials today, the pair has quickly shed most of...

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Pound Euro (GBP/EUR) Exchange Rate Flat Ahead of BoE Monetary Policy Meeting

6 Nov 2019 at 4 PM - Written by John Cameron

Pound Sterling Euro (GBP/EUR) Exchange Rate Muted as PM Promises to Get Brexit ‘Over the Line’ The Pound Sterling Euro (GBP/EUR) exchange rate was left flat and the pairing is currently trading at around €1.1621. Political uncertainty weighed on Sterling as Prime Minister Boris Johnson made a statement, marking the start of his...

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GBP to EUR Exchange Rate Firm as Eurozone Data Continues to Point towards Gloom

30 Oct 2019 at 1 PM - Written by James Fuller

Amid fresh fuel to flame concerns that Germany’s economy is facing a recession, the British Pound to Euro (GBP/EUR) exchange rate continues to trend with an upside bias today. This is despite investors considering fresh uncertainties regarding how Brexit and an upcoming UK General Election will unfold in the coming months, which are...

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Pound Euro (GBP/EUR) Exchange Rate Left Flat as Labour Supports December General Election

29 Oct 2019 at 3 PM - Written by John Cameron

Pound Sterling Euro (GBP/EUR) Exchange Rate Muted as PM Pushes for December Election The Pound Sterling Euro (GBP/EUR) exchange rate was left muted and the pairing is currently trading around €1.1603. The Pound was left under pressure on Tuesday as investors awaited Prime Minister Boris Johnson’s next attempt to push for a December...

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