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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.

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GBP EUR Exchange Rate Drops Following Weak UK Manufacturing And Industrial Production Data

12 Mar 2013 at 2 PM - Written by Ben Hughes

STORY LINK GBP EUR Exchange Rate Drops Following Weak UK Manufacturing And Industrial Production Data

Sterling endured yet another torrid opening to today’s session today following the latest in a long line of disappointing 0930hrs data releases. This time it was January’s edition of UK Industrial and Manufacturing Production data which hit the Pound, sending the GBP EUR exchange rate down to below the 1.1400 level and to within half a...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Euro Exchange Rate (GBP/EUR) Edges Lower Following BoE And ECB Interest Rate Announcements

7 Mar 2013 at 2 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate (GBP/EUR) Edges Lower Following BoE And ECB Interest Rate Announcements

Today’s two major global central bank policy decisions came out broadly in line with analysts’ expectations. The Bank of England opted to maintain its current policy stance – economists had been factoring-in a fair chance of an increase to the UK central bank’s ongoing Quantitative Easing scheme, following last month’s Monetary...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Euro Exchange Rate (GBP EUR) Gains Following Strong UK Retail Sales And PMI Services Data

5 Mar 2013 at 2 PM - Written by Tim Boyer

STORY LINK Pound Euro Exchange Rate (GBP EUR) Gains Following Strong UK Retail Sales And PMI Services Data

A brace of positive UK data releases has caused the Pound to be one of the best-performing of the sixteen most-actively traded currencies today. The overnight session brought the release of the latest British Retail Consortium (BRC) annualised Retail Sales data. The UK shop sales numbers for last month revealed that like-for-like transactions...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts Pound Sterling Forecasts

Weak UK PMI Manufacturing Survey Sends GBP EUR Rate Lower

1 Mar 2013 at 2 PM - Written by David Woodsmith

STORY LINK Weak UK PMI Manufacturing Survey Sends GBP EUR Rate Lower

Investor sentiment regarding the Pound had been firming throughout the week following the sharp move against the UK tender which last Friday’s British debt downgrade had triggered. However, this morning’s Markit/CIPS Purchasing Managers’ Index survey put an end to the Pound’s apparent stabilisation. The gauge of the state of play in...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Euro Exchange Rate (GBP EUR) Tests Higher Following Disappointing LTRO Repayment Data

22 Feb 2013 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate (GBP EUR) Tests Higher Following Disappointing LTRO Repayment Data

There was distinctly mixed news from the eurozone today. The latest German GDP data revealed that economic activity in the giant Teutonic economy had contracted by 0.6% during the final three months of last year. Although the market had been expecting a showing at around this level for the finalised Q4 print, it still served as a reminder to...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Weak UK Retail Sales Print And Strong NZ Data Sends GBP NZD Exchange Rate To Multi-Decade Low

15 Feb 2013 at 10 AM - Written by David Woodsmith

STORY LINK Weak UK Retail Sales Print And Strong NZ Data Sends GBP NZD Exchange Rate To Multi-Decade Low

The Pound New Zealand Dollar exchange rate (currency : GBP NZD) slumped to a new multi-decade low last night, following the release of stronger-than anticipated New Zealand retail sales numbers for Q4 2012. The data revealed a quarter-on-quarter increase in domestic shop sales of a healthy 2.1% during the final three months of last year,...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Euro Forecasts Euro P Forecasts

Foreign Currency Exchange Rate Prediction For GBP EUR And Forecasts For USD & CHF

12 Feb 2013 at 2 PM - Written by James Fuller

STORY LINK Foreign Currency Exchange Rate Prediction For GBP EUR And Forecasts For USD & CHF

The POUND STERLING has endured another dismal session in the currency markets, almost totally eradicating its gains of the second half of last week against the other global majors. The fact that this morning’s UK CPI inflation data revealed that the rate of British price rises remains well above target, and yet Sterling has still suffered...

CATEGORIES: Currency Predictions Dollar Pound Forecasts Euro Forecasts Euro Pou Forecasts

North Korean Nuclear Test And UK Inflation Data Shape Currency Market Price Action

12 Feb 2013 at 9 AM - Written by John Cameron

STORY LINK North Korean Nuclear Test And UK Inflation Data Shape Currency Market Price Action

The safe haven US Dollar has picked up some support in the currency markets during the overnight session thanks to reports of seismic activity in North Korea. The minor ‘quake’ is thought to have been caused by a nuclear test from the secretive nation – if this proves to be the case, then this is North Korea’s third such action in the...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Euro Forecasts Euro P Forecasts

UK Business Confidence Plummets Hitting pound To Euro Exchange Rate (GBP EUR) Hard

11 Feb 2013 at 6 PM - Written by Toni Johnson

STORY LINK UK Business Confidence Plummets Hitting pound To Euro Exchange Rate (GBP EUR) Hard

Not for the first time since the turn of the year, the GBP EUR exchange rate was the currency pair which showed most movement on the day today. The Pound started today’s session lodged in the 1.1800s, only slightly below last week’s intraweek high of 1.1839, which came late on Friday. However, the euro has come roaring back against the...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Euro Exchange Rate (GBP EUR) Soars Following Draghi And Carney?s Comments

7 Feb 2013 at 3 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate (GBP EUR) Soars Following Draghi And Carney?s Comments

The euro has been the major loser in the global currency markets during this afternoon’s session, following comments from European Central Bank President Mario Draghi in his post policy decision press conference. Draghi delivered a fervently downbeat assessment of the eurozone’s short-to-medium term economic prospects following his...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

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