Pound Euro forecast page 41 - GBP EUR

GBP/NZD Exchange Rate Eases, New Zealand Dollar Rises on US-China Trade Deal Hopes The Pound New Zealand Dollar (GBP/NZD) exchange rate eased by -0.4%, with the pairing currently trading around NZ$1.934 after the ‘Kiwi’ benefited from heightened risk-appetite as US-China trade negotiations continue in Washington, US, today. Michael...

Pound Euro (GBP/EUR) Exchange Rate Left Flat as UK Film and TV Production Buoys GDP Growth The Pound Sterling Euro (GBP/EUR) exchange rate was left muted and the pairing is currently trading at around €1.1101. Sterling was left under pressure as data revealed that the UK economy shrank by -0.1% in August, the first monthly...

Despite a lack of strong Eurozone data in recent sessions and continued concerns regarding a possible German recession and slowing Eurozone growth, the Euro has been fairly resilient today due to weakness in rivals, and the British Pound to Euro (GBP/EUR) exchange rate has trended lower. Following last week’s solid GBP/EUR drop from...

Pound Euro (GBP/EUR) Exchange Rate Jumps as German Factory Orders Disappoint The Pound Sterling Euro (GBP/EUR) exchange rate rose and the pairing is currently trading at an inter-bank rate of €1.1164. Disappointing German factory orders in July has increased fears the bloc’s largest economy is in a recession. Factory orders...

The Euro to Pound exchange rate rose on Wednesday 21st August, with the pairing fluctuating around £0.914 handle. Today saw Prime Minister Boris Johnson heads to Europe in an attempt to gain support to scrap the Irish backstop with German Chancellor Angela Merkel and French President Emmanuel Macron. Ed Vaizey, Conservative MP and...

EUR/GBP Exchange Rate Falls as German Recession Fears Increase The Euro Pound (EUR/GBP) exchange rate fell today, leaving the pairing fluctuating around £0.924 following this morning’s publication of the German growth figures for the second quarter, which contracted to a worse-than-expected -0.1%. Carsten Brzeski, an analyst at ING,...

Pound Euro (GBP/EUR) Exchange Rate Muted Following Surprise Fall in Eurozone Retail Sales The Pound Sterling Euro (GBP/EUR) exchange rate remained flat and the pairing is currently trading at an inter-bank rate of €1.1139. On Thursday, Euro sentiment was dampened as the Eurozone’s monthly retail sales fell by a lower-than-forecast...

GBP/EUR Exchange Rate Rangebound as European Election Worries Rise The Pound Euro (GBP/EUR) exchange rate steadied today and is currently trading around €1.1318 on the interbank market. The Euro (EUR) fell against the Pound (GBP) on increasing concerns surrounding the European Elections, with a number of Eurosceptic parties, along with...

EUR/GBP Exchange Rate Flat as UK Political Uncertainty Continues The Euro Pound (EUR/GBP) exchange rate is steady today and is currently trading around £0.880 on the interbank market. The Pound (GBP) stabilised against the Euro (EUR) despite ongoing Brexit uncertainty with Theresa May being increasingly challenged over her ‘new’...

No matter how impressive last week’s British Pound to Euro (GBP/EUR) exchange rate gains were, the pair has essentially shed all of those gains this week as of the time of writing on Thursday afternoon. A return to UK political uncertainty and a lack of progress on Brexit left the Pound unappealing, as the government appeared to plan a...