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Daily Exchange Rate Forecasts & Currency News

Pound Euro forecast page 44 - GBP EUR

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

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Euro Exchange Rate Today - EUR/GBP Steady, EUR/USD 7 wk High; Forecast to Improve

8 Aug 2013 at 2 PM - Written by John Cameron

Euro Exchange Rate Today: The Euro is higher against the Pound (EUR/GBP) and strengthened to a seven-week high against the US Dollar (EUR/USD) after data out of Germany showed that exports outpaced imports in June, adding to signs that the Eurozone’s largest economy is strengthening. The Euro exchange rate was trading up 0.18% to...

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Pound Euro Exchange Rate (GBP/EUR) rises above the 1.16 mark after BOE pledge

7 Aug 2013 at 3 PM - Written by John Cameron

The Pound Euro exchange rate (GBP/EUR) has strengthened by more than 1% today and has leapt to a one and a half month high against the US Dollar after the Bank of England pledged to maintain interest rates at record lows until the UK unemployment rate drops below 7%. After the Bank’s statement the ‘Greenback’ slumped to its lowest...

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Euro to Pound Exchange Rate Today: EUR GBP Level Despite Positive Spanish Jobs Data

26 Jul 2013 at 4 PM - Written by Minesh Chaudhari

Today's session has seen the release of some potentially market-moving data for the Euro to Pound exchange rate (EUR GBP).There was some unexpected good news for the eurozone during this morning’s session in the currency markets when official Spanish government figures revealed that the overall level of unemployment in the debt-addled...

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Pound Sterling: GBP/EUR & GBP/USD Exchange Rates Improve

22 Jul 2013 at 10 AM - Written by Minesh Chaudhari

The weekend market shutdown brought an action from Japan’s government which is sure to provoke debate regarding the future role which the UK will take in the European Union. At the request of Britain’s coalition government, Japan’s embassy issued a statement regarding the effect which the UK leaving the European Union would have on the...

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Forex Rates: Pound to Dollar Exchange Rate Outlook Is Negative, GBP EUR Steady

9 Jul 2013 at 9 AM - Written by Ben Hughes

The Pound to euro exchange rate (currency : GBP EUR) held in a tight range either side of 1.1600 during yesterday’s session. Dovish central bank commentaries from the BoE and ECB last Thursday look to have more or less cancelled each other out, leaving many market participants somewhat surprised that the pair is not trading higher following...

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Steady Pound Euro Exchange Rate (GBP EUR) Despite UK Manufacturing Data

1 Jul 2013 at 4 PM - Written by John Cameron

There have been plenty of significant data releases during today’s session, but not a great deal of price action for the world’s major currency pairs. The Pound has remained relatively steady against the euro on the day, with the Pound to euro exchange rate (currency : GBP EUR) dipping by a barely relevant 0.05% so far on the session to...

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Pound euro exchange rate (GBP EUR) Slumps On Weak UK Retail Sales Data

22 May 2013 at 2 PM - Written by David Woodsmith

The Pound Sterling has come under heavy selling pressure during this morning’s European session, thanks to a raft of disappointing UK data releases. The most prominent of these was last month’s British Retail Sales data which showed a surprise drop off of 1.3% compared with the previous month. Analysts had been anticipating an annualised...

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Pound to Euro Exchange Rate (GBP EUR) Tumbles On UK Inflation Figures

21 May 2013 at 2 PM - Written by David Woodsmith

This morning’s main event in the global currency markets came in the form of the publication of the latest headline inflation data from the UK’s Office of National Statistics (ONS). The April Consumer Price Index figure showed at significantly below the expected annualised level of 2.6%. The year-on-year print of 2.4% was considerably...

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GBP EUR Outlook Unclear As BoE Increases UK GDP Forecast

15 May 2013 at 2 PM - Written by Tim Boyer

It was a good news / bad news morning in the currency markets for the Pound Sterling. On the credit side, the Bank of England’s Inflation Report saw the UK’s central bank upwardly amend its growth prediction for Britain’s economy, with overall activity expected to expand by 0.5% during the three months to the end of June 2013. The...

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Pound To Euro (GBP EUR) Forecast To Fall If UK GDP Data Disappoints

24 Apr 2013 at 2 PM - Written by Tim Boyer

This morning’s session brought the release of some less than impressive German data in the form of the latest Ifo Business Confidence survey. The gauge of the mood amongst business people in the eurozone’s leading economy showed a sharp drop-off from March’s figure of 106.7 to show at 104.4 this month. Analysts had been anticipating a...

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