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Pound Euro forecast page 49 - GBP EUR

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

LIVE EXCHANGE RATE 01:03:19 Pound Euro Rate »
GBP/EUR +0 Days Low Days High Last Daily
1.15271 +0.02% 1.15241 1.15277 1.15252

Pound Euro Exchange Rate: "There are many reasons to be underweight in the euro"

5 Dec 2024 at 8 AM - Written by Tim Boyer

The Pound to Euro (GBP/EUR) exchange rate has held comfortably above 1.2000 and secured a net gain to around 1.2070. The pair was on track for the seventh successive daily gain amid increased fears over Euro-Zone stagflation. According to ING; “Be it European political risk, weak activity, the threat of trade wars or energy prices...

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Pound Euro (GBP/EUR) Exchange Rate Subdued despite Underwhelming Mid-Tier UK Data

4 Dec 2024 at 9 AM - Written by Frank Davies

The Pound Euro (GBP/EUR) exchange rate treaded water on Tuesday following the publication of some mid-tier UK data, in the form of the latest BRC retail sales monitor. The Pound (GBP) maintained its ground against most of its counter currencies on Tuesday, despite a lacklustre economic data release. The UK's most recent BRC retail...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate: GBP Rises as Rallying USD, French Political Fears Weigh on EUR

3 Dec 2024 at 12 PM - Written by David Woodsmith

The Pound to Euro exchange rate (GBP/EUR) rose on Monday as a climbing US Dollar (USD) and French political instability dented the Euro. The Euro came under significant pressure at the start of the week, due to the single currency’s negative correlation with a rallying US Dollar. USD strengthened following remarks by...

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French Fears Drag EUR Lower, Pound to Euro Rate Surges to 10-Day Best

3 Dec 2024 at 12 PM - Written by David Woodsmith

Fears over the French economic and political backdrop have triggered renewed Euro selling on Monday with the Pound to Euro (GBP/EUR) exchange rate surging to 10-day highs around 1.2085. According to ING; “Unless inflation expectations drop sharply this week (not consensus), GBP rates being traded like USD rates should mean that...

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Pound Euro (GBP/EUR) Exchange Rate Muted ahead of Eurozone Inflation

1 Dec 2024 at 2 PM - Written by Frank Davies

The Pound Euro (GBP/EUR) exchange rate wavered sideways on Thursday as mixed factors and a muted mood ahead of the Eurozone inflation figures subdued the pairing. The Pound (GBP) traded flat on Thursday due to an absence of significant UK economic data. The sole release was a mid-tier consumer confidence report from the British...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Week Ahead Forecast: French Fears in Focus

1 Dec 2024 at 2 PM - Written by Ben Hughes

Bank of America (BoA) has changed its forecasts at now expects that the Pound to Euro exchange rate (GBP/EUR) will strengthen to 1.25 at the end of 2025 from 1.2150 previously. The bank also expects further gains to 1.30 at the end of 2026. In contrast, ING expects GBP/EUR will surrender interim gains to trade at 1.19 at the end of...

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GBP/EUR Exchange Rate Outlook: Pound Flat Following BoE Inflation Concerns

28 Nov 2024 at 9 AM - Written by John Cameron

The Pound to Euro (GBP/EUR) exchange rate traded within a tight range on Wednesday as investors reacted to comments by Bank of England (BoE) Deputy Governor Clare Lombardelli. The Pound (GBP) remained steady on Wednesday, supported by comments from BoE policymaker Clare Lombardelli regarding inflation risks. In an interview with...

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Pound to Euro Rate Slips following Trump’s Nomination for Treasury Secretary

25 Nov 2024 at 3 PM - Written by Ben Hughes

The Pound Euro exchange rate (GBP/EUR) edged lower on Monday as Donald Trump’s Treasury Secretary nomination helped calm concerns about US tariffs negatively impacting the Eurozone economy. At the time of writing, GBP/EUR traded at €1.1986, down more than 0.3% on the day. The Euro (EUR) strengthened on Monday, supported by its...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Week Ahead Forecast: Another EUR Lurch Lower

24 Nov 2024 at 11 AM - Written by David Woodsmith

Foreign exchange analysts at Commerzbank expect the Pound to Euro exchange rate (GBP/EUR) to maintain strength throughout 2025 with gains to 1.2350 at year-end. This would be the strongest level since 2016. There is very little in the way of dissent on a short-term view while, after initial gains to at least 1.22, MUFG expects that...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Euro Back Above 1.2000, Analyst Target 1.2050+

22 Nov 2024 at 12 PM - Written by David Woodsmith

The stronger than expected UK inflation data strengthened the Pound on Wednesday with the Pound to Euro (GBP/EUR) exchange rate edging back above the 1.2000 level from 1.1980 as markets priced out the already small possibility of a December Bank of England rate cut. Markets still expect significant rate cuts next year. According to...

CATEGORIES: Pound Euro Forecasts