Pound Euro forecast page 44 - GBP EUR

Pound (GBP) Exchange Rates Flat as UK Wage Growth Stalls The Pound Euro (GBP/EUR) exchange rate traded in a narrow range on Tuesday morning after the UK’s latest labour figures failed to elicit much of a response from GBP investors. This likely comes as a result of UK wage growth undershooting expectations at the end of last...

GBP/EUR Exchange Rate Rises as Spanish CPI Figures Fall The Pound Euro (GBP/EUR) exchange rate is up today and is trading around €1.1361 on the inter bank market. The Euro struggled against the Pound today following the publication of Spanish CPI figures for January, which fell by 1.3%. These were followed by disappointing Italian EU...

Pound Sterling Euro (GBP/EUR) Exchange Rate Benefits as Eurozone Production Slumps As Eurozone industrial production slumped -4.2% on the year in December this helped to boost the Pound Sterling to Euro (GBP/EUR) exchange rate on Wednesday. With production falling at its fastest pace since the financial crisis, following on from weak...

Pound (GBP) Exchange Rate Muted on May’s Brexit Update The Pound Euro (GBP/EUR) exchange rate traded in a narrow range on Tuesday as Theresa May addressed the House of Commons, ahead of a debate on the next steps in Brexit on Thursday. In a statement to MPs, the Prime Minister gave an update on the current state of Brexit...

The Pound Euro (GBP/EUR) exchange rate rallied on Thursday afternoon following the Bank of England (BoE) interest rate decision, and is now trading at an inter-bank rate of €1.1432. The BoE held interest rates steady at 0.75%, and indicated that the UK faces its weakest economic growth since 2009. The bank’s Quarterly Inflation...

Pound Euro (GBP/EUR) Exchange Rate Drops as Fears of UK Manufacturing Recession Rise The Pound Euro (GBP/EUR) exchange rate is down today and is currently trading around €1.1406 on the inter-bank market. Sterling (GBP) struggled against the Euro (EUR) after the publication of the UK Markit manufacturing PMI for January slipped to a...

Despite broad concerns about the Eurozone’s slowing economy and a lack of domestic support for the Euro, the British Pound to Euro (GBP/EUR) exchange rate continued to slide today amid No-deal Brexit fears and the latest Federal Reserve news. The pair is unlikely to recover later in the week as Brexit uncertainty persists. After last...

A weaker US Dollar (USD) has left the Euro more appealing this week, and this helped it to push the British Pound to Euro (GBP/EUR) exchange rate lower in recent sessions. The Euro also capitalised on the Pound’s Tuesday evening Brexit-related weakness, but the pair rebounded slightly on Wednesday morning as Brexit hopes persisted. After...

GBP/EUR Exchange Rate Slips on Back of Poor British Retail Sales The Pound Euro (GBP/EUR) exchange rate began to slip over the course of Friday as Brexit optimism failed to push the pound further, with the pairing trading at an inter-bank rate of €1.1339. The release of some worse-than-expected UK retail figures on Friday morning...

The Pound Sterling to Euro (GBP/EUR) exchange rate is static today and is currently trading within the region of €1.1079. The Pound (GBP) remains steady against the Euro (EUR) despite the release of the UK’s BRC like-for-like retail sales figures for December which decreased by -0.7% – the worst Christmas trading period in a decade....