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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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Pound Euro (GBP/EUR) Exchange Rate Fluctuates amid Recession Warnings for Germany

17 Apr 2018 at 3 PM - Written by John Cameron

UK Unemployment Hits 42-Year Low – Pound (GBP) Exchange Rates Find some Support The Pound Euro (GBP/EUR) exchange rate fluctuated on Tuesday, limited initially by a below-forecast UK wage growth report but gaining later into the day on the back of recession concerns for the bloc’s largest economy. According to the Office for...

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Pound Euro (GBP/EUR) Exchange Rate Strengthened by BoE Rate Speculation

16 Apr 2018 at 1 PM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate is trending higher today as markets focus on upcoming UK data and its possible impact on the Bank of England’s (BoE) monetary policy. Pound (GBP) Buoyed by BoE rate Expectations The Pound is pushing higher against the Euro this morning as expectations of an interest rate hike from the BoE next...

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GBP/EUR Exchange Rate Rises 0.5% as European Central Bank (ECB) Accounts Devalue Euro

12 Apr 2018 at 3 PM - Written by Toni Johnson

On Wednesday, the Pound to Euro exchange rate fluctuated but ultimately closed down slightly lower than its opening level. The GBP/EUR exchange rate opened in the region of 1.1470 on Wednesday morning, later falling to a marginally lower range of 1.1467 by the evening. The day’s UK data was negative for the most part, showing among...

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GBP/EUR Exchange Rate Update: Pound to Euro Advance Seen after UK Manufacturing PMI Rises

3 Apr 2018 at 5 PM - Written by John Cameron

Last week, the Pound to Euro (GBP/EUR) exchange rate opened in the region of 1.1447 and late closed down lower around 1.1371. This overall week-long deterioration was due to disappointing UK GDP growth rate data, which indicated that the country was the only major developed nation to see slowing growth in 2017. As well as GDP data...

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GBP to EUR Exchange Rate Fluctuating Ahead of Thursday?s Key UK and Eurozone Datasets

28 Mar 2018 at 4 PM - Written by Frank Davies

Hopes that the UK government was closer to finding a solution to the persistent issue of the Irish border post-Brexit was not enough to help the British Pound to Euro (GBP/EUR) exchange rate to sustain gains on Wednesday. The pair instead fluctuated ahead of Thursday’s key datasets. Due to end of quarter fixings and mixed market...

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Pound Euro (GBP/EUR) Exchange Rate Slides despite Poor EU Business Confidence

27 Mar 2018 at 12 PM - Written by John Cameron

Pound Euro (GBP/EUR) Exchange Rate Slides despite Poor EU Business Confidence Sterling Rally Shudders to a Halt – GBP/EUR Exchange Rates Bearish on Next Phase of Brexit Negotiations The Pound Euro (GBP/EUR) exchange rate pared recent gains this morning, failing to capitalise on some soft data releases from the Eurozone and floundering...

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GBP to EUR Exchange Rate Tumbles from Highs but Sterling Gains Likely This Week

23 Mar 2018 at 1 PM - Written by Minesh Chaudhari

Despite firming bets that the Bank of England (BoE) will hike UK interest rates in May and solid UK ecostats, the British Pound to Euro (GBP/EUR) exchange rate fell from its weekly highs towards the end of the week. The Euro benefitted slightly from weakness in rivals like the Pound and US Dollar (USD). After modern gains from the pair...

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GBP/EUR Exchange Rate Advances on Higher Global Risk Sentiment

15 Mar 2018 at 5 PM - Written by James Fuller

On Wednesday, the Pound to Euro exchange rate saw a minimal advance from an opening level of 1.1275 to close higher around 1.1289 later on. Today’s GBP/EUR trading has been superior by comparison, with the Pound to Euro rate hitting 1.1316. Sterling to Euro Exchange Rate Improves on Global Economic Uncertainty The Pound has...

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Daily Currency Update: GBP/EUR Exchange Rate Flat after Spring Statement Assessment

14 Mar 2018 at 5 PM - Written by James Fuller

On 13th March, the Pound to Euro exchange rate opened and closed at roughly the same rate. The GBP/EUR pairing opened daily trading in the region of 1.1272 on Tuesday morning and despite midday movement ended in the same position in the evening. Sterling was most strongly influenced by the spring statement, an economic summary delivered...

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GBP/EUR Exchange Rate Advances as Eurozone Factory Output Slows

14 Mar 2018 at 2 PM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate is trending higher today following some disappointing production figures from the Eurozone. Euro (EUR) Pressured by Disappointing Industrial Production Figures The Euro found itself on the back foot against the Pound and most of its other peers this morning following the release of the...

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