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Pound Euro forecast page 4 - GBP EUR

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

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Pound Sterling News: Pound to Euro Exchange Rate Drops -0.4% as Brexit Worries Hit Home

5 Jul 2018 at 5 PM - Written by Toni Johnson

On Wednesday, the Pound to Euro exchange rate opened in the region of 1.1316 and closed higher around 1.1344 by the end of daily trading. The GBP/EUR exchange rate was mainly aided by the morning’s UK services PMI, which revealed unexpected growth in June. Chartered Institute of Procurement and Supply Group Director Duncan Brock...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Advances on Data Ahead of Wednesday’s Key UK Services Report

3 Jul 2018 at 1 PM - Written by Frank Davies

While typically a low-influence report, signs of resilience and strength in Britain’s latest UK construction PMI bolstered demand for the British Pound to Euro (GBP/EUR) exchange rate on Tuesday. The Euro was sold in reaction to a disappointing Eurozone retail sales report. Despite its gains this week so far, GBP/EUR saw much greater...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Steady as BoE Issues Brexit Financial Stability Warning

27 Jun 2018 at 4 PM - Written by John Cameron

Bank of England Points to Risk Factors in Brexit Withdrawal Process – Pound (GBP) Exchange Rate Fall The Pound Euro (GBP/EUR) exchange rate traded within a narrow band on Wednesday, with Sterling limited in light of warnings in the Bank of England’s (BoE) latest financial stability report and the Euro encumbered by the German migrant...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Trades Sideways on Mixed UK Labour Market Data

12 Jun 2018 at 1 PM - Written by John Cameron

UK Wage Growth Weakens – Pound Euro (GBP/EUR) Exchange Rate Limited The Pound Euro (GBP/EUR) exchange rate traded sideways on Tuesday, limited by a mixed round of UK labour market statistics and recurrent investor anxiety ahead of the Commons vote on whether MP’s will have a decisive say on the final Brexit deal struck with the...

CATEGORIES: Pound Euro Forecasts

Poor Eurozone Output Data Pushes GBP/EUR Exchange Rate Up by 0.3% Today

8 Jun 2018 at 11 AM - Written by James Fuller

On Thursday, the Pound to Euro (GBP/EUR) exchange rate opened in the region of 1.1391 and closed lower around 1.1377. This minor decline was caused by GBP trader uncertainty about the potential resignation of Brexit Secretary David Davis. The issue at hand was the Brexit ‘backstop’, which is a planned ‘safety net’ policy that...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Exchange Rate Drops on Forecast Difficulties with Brexit ‘Backstop’

7 Jun 2018 at 4 PM - Written by Ben Hughes

On Wednesday, the Pound to Euro exchange rate opened in the region of 1.1434 but closed down lower around 1.1390. There was little solid UK economic data out on the day, which instead left Pound Sterling at the mercy of trader reactions to a document from the European Commission. The document warned EU businesses that they should be...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Surges Higher on Hopes of Stronger Second Quarter UK Growth

5 Jun 2018 at 4 PM - Written by James Fuller

A better-than-expected UK services PMI encouraged the Pound Euro (GBP/EUR) exchange rate to push higher on Tuesday, driven by improved confidence in the outlook of the domestic economy. Investors took encouragement from signs that the economy has bounced back from the weakness seen in March, boosting bets that the slowdown was only...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Exchange Rate Drops -0.5% after Gloomy UK Economic Forecasts

30 May 2018 at 4 PM - Written by Ben Hughes

On Tuesday, the Pound to Euro exchange rate (GBP/EUR) opened around 1.1448 and closed slightly higher at 1.1487. Poor Predictions for UK Economy Cause GBP/EUR Exchange Rate Losses The Pound has struggled against the Euro today, falling by -0.5% in the pairing. A lack of solid UK economic data has worsened the situation, with negative...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Inches Higher as UK Retail Sales Smash Expectations

24 May 2018 at 1 PM - Written by John Cameron

UK Retail Sales Recover in April – Pound Euro (GBP/EUR) Exchange Rate Posts Small Gain The Pound Euro exchange rate rebounded on Thursday, supported by a raft of fresh, upbeat data from the United Kingdom. According to the Office for National Statistics, retail sales in the UK recovered in April with a rise of 1.5% year-on-year – up...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Edges Higher as Bank of England Officials Take Surprisingly Hawkish Tone

22 May 2018 at 1 PM - Written by Frank Davies

Despite broad political jitters weighing on the Euro, and hopes that the Bank of England (BoE) could still be more hawkish than expected on Britain’s economy, the British Pound to Euro (GBP/EUR) exchange rate’s recovery was limited on Tuesday. Sterling traders highly anticipate key UK data due later in the week before making any big moves...

CATEGORIES: Pound Euro Forecasts