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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 23:44:01 Pound Euro Rate »
GBP/EUR -0 Days Low Days High Last Daily
1.14139 ▼ -0.02% 1.14021 1.1434 1.14159

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

GBP/EUR Exchange Rate Coiled Near 1.1950, Pivotal Week for Pound

15 Oct 2024 at 9 AM - Written by David Woodsmith

STORY LINK GBP/EUR Exchange Rate Coiled Near 1.1950, Pivotal Week for Pound

The Pound to Euro (GBP/EUR) exchange rate has continued to consolidate around 1.1950, but with the potential for substantial moves this week amid a wave of market-moving events including key UK data and an ECB policy meeting. ING expects lower UK inflation and added; “This means that EUR/GBP could hold support at 0.8350 this week and...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Week Ahead Forecast: Settled around 1.1950

13 Oct 2024 at 8 PM - Written by Tim Boyer

STORY LINK Pound to Euro Week Ahead Forecast: Settled around 1.1950

Foreign exchange strategistsd at Goldman Sachs expect the Pound to Euro exchange rate to strengthen to 1.22 (GBP/EUR) on a 12-month view. GBP/EUR settled around 1.1950 as tight ranges prevailed during the week with caution surrounding geo-political risks and the UK budget. Goldman expressed some caution on a near-term Pound view;...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Flat despite Rising ECB Rate Cut Speculation

13 Oct 2024 at 7 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Flat despite Rising ECB Rate Cut Speculation

The Pound Euro (GBP/EUR) exchange rate treaded water on Thursday amid a lack of both UK and Eurozone data releases. At the time of writing, GBP/EUR traded at around €1.1859, virtually unchanged from Thursday’s opening rate. The Euro (EUR) struggled to garner investor attention on Thursday, undermined by a surge in European...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Outlook: GBP/EUR Rangebound amid UK Budget Rumours

10 Oct 2024 at 7 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Outlook: GBP/EUR Rangebound amid UK Budget Rumours

The Pound Euro (GBP/EUR) exchange rate fluctuated on Wednesday as speculation around the UK’s Autumn Budget was met with mixed feelings. At the time of writing, GBP/EUR wobbled around €1.1934, virtually unchanged from its opening level. The British Pound (GBP) experienced mixed trade on Wednesday, as an absence of UK data led...

CATEGORIES: Pound Euro Forecasts

Pound Sterling Watching UK Fiscal Policy Closely, GBP/EUR Braced

10 Oct 2024 at 7 AM - Written by David Woodsmith

STORY LINK Pound Sterling Watching UK Fiscal Policy Closely, GBP/EUR Braced

The Pound to Euro (GBP/EUR) exchange rate found support below 1.19 on Tuesday and has settled around 1.1935, just below the middle of the trading range seen over the past 20 days. Overall risk conditions will be very important in the short term with major global events in focus and the potential for high volatility across asset...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Flat despite Positive German Data

9 Oct 2024 at 8 AM - Written by Frank Davies

STORY LINK Pound to Euro Rate Flat despite Positive German Data

The Pound Euro (GBP/EUR) exchange rate traded in a narrow range on Tuesday as Germany published its latest industrial production reading. At the time of writing, the GBP/EUR was trading at around €1.1933, virtually unchanged from Tuesday’s opening levels. The Euro (EUR) rose against most currencies on Tuesday, bolstered by...

CATEGORIES: Pound Euro Forecasts

German Woes Sap Euro Support, GBP to EUR Rate Holds Around 1.1950

8 Oct 2024 at 8 AM - Written by Tim Boyer

STORY LINK German Woes Sap Euro Support, GBP to EUR Rate Holds Around 1.1950

The Pound to Euro (GBP/EUR) exchange rate has consolidated around 1.1950 despite a more fragile risk environment with Pound sentiment holding firm despite weaker equities while the Euro has again been hit by dismal data. The latest COT data, reported by the CFTC, recorded an increase in long Pound positions to near 94,000 contracts...

CATEGORIES: Pound Euro Forecasts

Growing BoE Rate Cut Speculation Prompts Pound to Euro Rate Slide

8 Oct 2024 at 7 AM - Written by Frank Davies

STORY LINK Growing BoE Rate Cut Speculation Prompts Pound to Euro Rate Slide

GBP/EUR Exchange Rate Struggles to Hold Above €1.19 The Pound to Euro (GBP/EUR) exchange rate started the week on a negative note as increased speculation regarding the pace of interest rate cuts from the Bank of England (BoE) pressured Sterling sentiment. At the time of writing, GBP/EUR was trading around €1.1925, down...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Forecast for Week Ahead: 1.20 Fades, Where Next?

6 Oct 2024 at 9 PM - Written by Frank Davies

STORY LINK Pound to Euro Forecast for Week Ahead: 1.20 Fades, Where Next?

Credit Agricole remains comfortable with an end-2025 Pound to Euro (GBP/EUR) exchange rate forecast of 1.2050. MUFG expects a retreat to 1.1765 by the third quarter of next year. GBP/EUR posted sharp losses to 2-week lows near 1.1850 before a recovery to near 1.1950. The Pound was undermined by dovish comments from Bank of...

CATEGORIES: Pound Euro Forecasts

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