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

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British Pound to Euro Exchange Rate Falls on Trump’s Dig at Brexit Agreement

27 Nov 2018 at 1 PM - Written by David Woodsmith

Pound Euro (GBP/EUR) Exchange Rate Falls on Trump’s Dig at Brexit Agreement The Pound Euro (GBP/EUR) exchange rate dropped today, and is currently trading at €1.1273, after US President Donald Trump criticised the Brexit withdrawal agreement and raised doubts about future US-UK trade. EUR found strength this week after Italy showed...

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Pound Sterling vs Euro Exchange Rate Slumps despite Italy Budget Row

21 Nov 2018 at 4 PM - Written by John Cameron

GBP/EUR Exchange Rate Slumps despite Italian Tensions Intensifying The Pound Sterling Euro (GBP/EUR) exchange rate has made an unsuccessful attempt to push back today with the Pound falling to an inter-bank rate of €1.1214. Brussels has escalated its row with Rome over Italy’s 2019 budget, stating that its plan to stimulate their...

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Pound Euro Exchange Rate Recovers from Monday Slip as Eurozone Economic Sentiment Slumps

13 Nov 2018 at 12 PM - Written by Tim Boyer

Fears that UK-EU Brexit negotiations could collapse or that UK Parliament could block a potential Brexit deal even if one is reached has kept major pressure on the British Pound to Euro (GBP/EUR) exchange rate, but some strong UK data and concerning Eurozone data has made it easier for the pair to hold above its worst levels. Due largely...

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GBP to EUR Exchange Rate Rebounds from Monthly Low Ahead of Bank of England Decision

31 Oct 2018 at 4 PM - Written by James Fuller

Despite broad market negativity on the Pound amid concerns that the UK is headed towards a worst-case scenario ‘no-deal Brexit’, the British Pound to Euro (GBP/EUR) exchange rate rebounded from its cheapest levels on Wednesday. Meanwhile, the Euro’s strength was limited by signs of weakness in Eurozone growth. Due to Tuesday’s...

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GBP EUR Exchange Rate Remains Under Pressure in Spite of Higher UK Inflation

15 Aug 2018 at 1 PM - Written by Ben Hughes

The Pound Euro (GBP/EUR) exchange rate struggled to find any fresh traction on the back of July’s UK consumer price index, in spite of the headline figure strengthening. While inflation accelerated to 2.5% on the year, in line with market forecasts, this was not enough to shore up Pound Sterling against its rivals. As the monthly...

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GBP to EUR Exchange Rate Rebounds from Worst Levels in Profit Taking

9 Aug 2018 at 3 PM - Written by Tim Boyer

Amid a lack of fresh reasons to sell the Pound in recent sessions, the British Pound to Euro (GBP/EUR) exchange rate recovered slightly on Thursday. However, analysts predict the Pound’s potential for gains is limited, and that its Thursday gains are likely more due to profit taking and anticipation for upcoming UK data. Due to days of...

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GBP EUR Exchange Rate Remains Under Pressure as German Exports Hold Steady

7 Aug 2018 at 3 PM - Written by Frank Davies

Disappointing German industrial production figures were not enough to shore up the Pound Sterling Euro (GBP/EUR) exchange rate on Tuesday. While the Eurozone’s powerhouse economy continued to demonstrate signs of weakness the Euro remained on a generally stronger footing against its rivals. Even though German export volumes stagnated...

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GBP EUR Exchange Rate Gains Ground as Eurozone PMIs Reveal Signs of Slowing Growth

24 Jul 2018 at 3 PM - Written by Frank Davies

Support for the Pound Sterling Euro (GBP/EUR) exchange rate picked up somewhat on Tuesday, largely thanks to a disappointing round of Eurozone PMIs. While the Eurozone manufacturing sector showed signs of increased momentum this was counterbalanced by a disappointing performance from the service sector. As a result, the composite PMI...

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Pound Euro (GBP/EUR) Exchange Rate Retreats as UK Labour Report Fails to Impress

17 Jul 2018 at 1 PM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate is trending lower today, following the release of some lacklustre wage figures from the UK. Pound (GBP) Exchange Rate Stalls as UK Wage Growth Slows The Pound (GBP) is sliding against the Euro (EUR) and the majority of its other peers this morning as markets reacted to the latest UK employment...

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GBP/EUR Exchange Rate News: Pound Sterling Weakens on Threat of Brexit Coup

16 Jul 2018 at 4 PM - Written by Tim Boyer

Last week’s currency movement saw the Pound to Euro exchange rate open trading in the €1.1303 and after five days of fluctuation, close up higher at a level of €1.1316. Weekly trading began on a positive note for Pound Sterling, when May’s GDP figure and a Q2 GDP estimate both showed growth. These results respectively came from...

CATEGORIES: Pound Euro Forecasts