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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 02:11:41 Pound Euro Rate »
GBP/EUR -0 Days Low Days High Last Daily
1.14416 ▼ -0% 1.1439 1.14437 1.14418

GBP/EUR Exchange Rate Strengthens as Eurozone PMIs Disappoint

25 Oct 2024 at 1 PM - Written by Tim Boyer

STORY LINK GBP/EUR Exchange Rate Strengthens as Eurozone PMIs Disappoint

The Pound to Euro (GBP/EUR) exchange rate traded with modest gains on Thursday morning, as markets digested the latest PMI releases from both the UK and Eurozone. At the time of writing, GBP/EUR was trading around €1.1999, up approximately 0.2% from Thursday’s opening levels. The Euro (EUR) came under pressure on Thursday,...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Forecast: GBP/EUR Touches Five-Day Best

24 Oct 2024 at 8 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Forecast: GBP/EUR Touches Five-Day Best

The Pound Euro (GBP/EUR) exchange rate touched a five-day high on Wednesday, although it wavered in a narrow range, as a risk-off mood and UK budget hopes impacted the pairing. At the time of writing, GBP/EUR traded at €1.2034, having hit a five-day high of €1.2043 earlier in the session. The Euro (EUR) had a mixed performance...

CATEGORIES: Pound Euro Forecasts

Concerns Over UK Borrowing Sends Pound to Euro Exchange Rate Lower

23 Oct 2024 at 10 AM - Written by John Cameron

STORY LINK Concerns Over UK Borrowing Sends Pound to Euro Exchange Rate Lower

The Pound to Euro (GBP/EUR) exchange rate weakened on Tuesday, as markets reacted to worrying UK borrowing data. At the time of writing, GBP/EUR was trading at approximately €1.1985, down about 0.2% from Tuesday’s opening rates. The Pound (GBP) stumbled on Tuesday as markets reacted to the release of the UK’s latest public...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Wobbles amid Cooling German PPI and Risk Aversion

22 Oct 2024 at 8 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Wobbles amid Cooling German PPI and Risk Aversion

The Pound Euro (GBP/EUR) exchange rate wobbled on Monday morning, amid softer German PPI figures and a risk-averse market mood. At the time of writing, GBP/EUR traded at €1.2000, having wobbled in a narrow range since the week’s trade began. Pound (GBP) Muted as Market Mood Sours The Pound (GBP) began the week on the back...

CATEGORIES: Pound Euro Forecasts

China Rate Cut Offers Some Euro Protection, Pound to Eur Rate Settles

22 Oct 2024 at 8 AM - Written by David Woodsmith

STORY LINK China Rate Cut Offers Some Euro Protection, Pound to Eur Rate Settles

After hitting 30-month highs just above 1.2050 last week, the Pound to Euro (GBP/EUR) exchange rate has lost ground on Monday and settled just below 1.2000. The Chinese central bank cut interest rates on Monday with the prime loan rate cut to 3.10% from 3.35%. Although markets had expected a cut, the move did help underpin...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Week Ahead Forecast: ECB Rate Cut Trumps BoE Speculation

20 Oct 2024 at 8 PM - Written by David Woodsmith

STORY LINK Pound to Euro Week Ahead Forecast: ECB Rate Cut Trumps BoE Speculation

Goldman Sachs expects further short-term Pound to Euro (GBP/EUR) exchange rate gains to 1.2120 and maintains a 12-month forecast of 1.2200. Although RBC Capital Markets (RBC) expects near-term support, it expects a steady decline to 1.1240 on a 12-month view. GBP/EUR posted sharp gains to 30-month highs at 1.2050 during the week...

CATEGORIES: Pound Euro Forecasts

Pound to Euro News: GBP/EUR Exchange Rate Firms as ECB Cuts Interest Rates

18 Oct 2024 at 11 AM - Written by John Cameron

STORY LINK Pound to Euro News: GBP/EUR Exchange Rate Firms as ECB Cuts Interest Rates

The Pound Euro (GBP/EUR) exchange rate found some success on Thursday as the European Central Bank (ECB) delivered its third interest rate cut of 2024. At the time of writing, GBP/EUR traded at €1.1987, up 0.3% on the day. The Pound (GBP) started Thursday on a muted note, still feeling the impact of Wednesday's disappointing...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Forecast: GBP/EUR Tumbles as UK Inflation Misses BoE Target

17 Oct 2024 at 8 AM - Written by Tim Boyer

STORY LINK Pound Euro Exchange Rate Forecast: GBP/EUR Tumbles as UK Inflation Misses BoE Target

The Pound Euro (GBP/EUR) exchange rate took a tumble on Wednesday morning after a weaker-than-expected UK consumer price index saw markets increase bets on more Bank of England (BoE) interest rate cuts. At the time of writing, GBP/EUR traded at €1.1946, down 0.5% from the morning’s opening levels. The Pound (GBP) tumbled on...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Outlook: GBP/EUR Steady After UK and German Data

16 Oct 2024 at 8 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Outlook: GBP/EUR Steady After UK and German Data

The Pound Euro (GBP/EUR) exchange rate traded sideways on Tuesday following the publication of both the UK’s latest labour report as well as Germany’s most recent ZEW economic sentiment index. At the time of writing, the GBP/EUR was trading at around €1.1991, virtually unchanged from Tuesday’s opening levels. The Pound...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Wobbles ahead of Busy Week

15 Oct 2024 at 9 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Wobbles ahead of Busy Week

The Pound Euro (GBP/EUR) exchange rate wavered on Monday, despite the start of the UK’s International Investment Summit, as high-impact events later in the week loomed over the currency pairing. At the time of writing, GBP/EUR traded at €1.1949, having fluctuated in a tight range since the start of the week’s opened. The...

CATEGORIES: Pound Euro Forecasts

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