Pound Euro forecast page 39 - GBP EUR

EUR/GBP Exchange Rate Edges Higher as Bank of England Rate Cut Fears Increase The Euro Pound (EUR/GBP) exchange rate dipped by around -0.25% today, with the pairing currently trading at €1.167 at the time of writing after UK inflation fell unexpectedly to a three-year low of 1.3% in December. The Pound (GBP) has struggled now that an...

Despite continued signs of recovery in Eurozone data, the US Dollar to Euro (USD/EUR) exchange rate didn’t face much obstruction in the past week as it put in impressive gains. The US Dollar rebounded from days of market jitters amid hopes for US economic resilience, and as the US currency recovered investors felt that mixed strength...

The Pound Sterling to Euro exchange rates held steady on Friday January 10, with GBP/EUR currently around €1.176 after Prime Minister Boris Johnson’s Brexit bill cleared the House of Commons yesterday with a majority of 99, clearing the track for the UK to leave the EU on the 31st January. Sterling remain on alert, however, as the Bill...

Despite yesterday’s cooler Pound movement, the British Pound to Euro (GBP/EUR) exchange rate continued to trend closely to its best levels until this morning, when a combination of stronger Eurozone data and lingering Brexit uncertainty knocked the pair slightly. The Brexit process is going smoothly this month, but uncertainty over how...

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...

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...

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...

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...

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...

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...