Pound Euro forecast page 45 - GBP EUR

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....

GBP/EUR Exchange Rate Rangebound as Germany Reports worst Industrial Production Figures since 2009 The Pound Euro (GBP/EUR) exchange rate is steady today and is trading within the region of €1.1145. The Pound (GBP) stabilised against the Euro (EUR) after the release of some better-than-expected Halifax house prices figures for November,...

The Pound Euro (GBP/EUR) exchange rate fell below €1.1100 on Wednesday as Sterling struggled across the board. The pairing was able to recover slightly on Thursday however, and could extend gains tomorrow if the UK’s Services PMI impresses and the Eurozone’s inflation figures disappoint. The Pound (GBP) failed to find much...

GBP/EUR Exchange Rate Dips as Italy Arrives at Consensus with EC over its Budget The Pound Euro (GBP/EUR) exchange rate is down today, and is currently trading at €1.1097 after news that Italy and the European Commission (EC) have arrived at a consensus over Italy’s controversial budget for 2019. Euro (EUR) investors, however, have...

The pound to euro exchange rates are seen marginally lower as markets enter the mid-week session. £1 is currently quotes at €1.11139. Despite concerns that a ‘no-deal Brexit’ is becoming more likely than the possibility of a second EU referendum, the British Pound to Euro (GBP/EUR) exchange rate avoided losses on Tuesday. The...

GBP/EUR Exchange Rate Jumps Back to €1.11 On News of No-Confidence Vote  The expectation that Prime Minister Theresa May will survive tonight’s vote of no confidence sent the Pound soaring on Wednesday, with GBP/EUR jumping 0.7% to trade in the region of €1.1115.   The outcome of the vote is likely to encourage further movement...