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Pound Euro forecast page 51 - GBP EUR

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

LIVE EXCHANGE RATE 02:11:39 Pound Euro Rate »
GBP/EUR +0 Days Low Days High Last Daily
1.14688 +0.03% 1.14636 1.14691 1.14659

Pound to Euro Week Ahead Forecast: Debt Fears Unsettle Sterling

3 Nov 2024 at 10 AM - Written by Frank Davies

The Pound to Euro (GBP/EUR) exchange rate dipped sharply to 6-week lows below 1.1850 after the UK budget before a recovery to near 1.1950. The Euro was also boosted by a scaling back of aggressive ECB rate cut expectations. Goldman Sachs expects a medium-term advance to 1.22. MUFG is more cautious over the longer-term and, after...

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Pound to Euro Exchange Rate Strikes Four-Week Low as Eurozone Inflation Beats Forecasts

1 Nov 2024 at 7 AM - Written by Frank Davies

The Pound Euro (GBP/EUR) exchange rate plunged on Thursday after hotter-than-forecast Eurozone inflation saw the single currency surge. At the time of writing, GBP/EUR traded at €1.1856, down 0.6% on the day. The Euro (EUR) surged on Thursday following the release of the Eurozone’s latest consumer price index, which surpassed...

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UK 2024 Autumn Budget and Strong Eurozone GDP Spark Pound to Euro Exchange Rate Losses

31 Oct 2024 at 7 AM - Written by James Fuller

The Pound Euro (GBP/EUR) exchange rate dropped on Wednesday, with strong Eurozone data and the UK budget impacting the pairing. At the time of writing, GBP/EUR traded at €1.1978, down 0.4% on the day. The British Pound (GBP) dropped on Wednesday following Chancellor Rachel Reeves's presentation of the highly anticipated Autumn...

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Pound to Euro Rate Today: GBP/EUR Subdued following German Data

29 Oct 2024 at 8 PM - Written by Toni Johnson

The Pound Euro (GBP/EUR) exchange rate treaded water on Tuesday following the publication of Germany’s latest GfK consumer confidence data. At the time of writing, the GBP/EUR was trading at around €1.2008, virtually unchanged from Tuesday’s opening levels. The Euro (EUR) faced challenges attracting buyers on Tuesday and...

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Pound Euro Exchange Rate News: GBP/EUR Choppy ahead of UK Autumn Budget

28 Oct 2024 at 2 PM - Written by David Woodsmith

The Pound Euro (GBP/EUR) exchange rate was mixed on Monday as investors braced for the UK Autumn Budget and some high-impact Eurozone data. At the time of writing, GBP/EUR traded at €1.2000, having wavered in a narrow range. The Pound (GBP) fluctuated on Monday as markets prepared for the imminent UK Autumn Budget. The Labour...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Week Ahead Forecast: Possible 8-Year Best say Analysts

27 Oct 2024 at 3 PM - Written by David Woodsmith

Danske Bank forecasts that the Pound to Euro (GBP/EUR) exchange rate will strengthen to 1.2350 on a 6-month view as UK yields remain attractive. In contrast, ING expects that GBP/EUR will weaken to 1.1630 by the second quarter of 2025. During the week, the Pound to Euro (GBP/EUR) exchange rate strengthened to 1.2050 before settling...

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GBP/EUR Exchange Rate Strengthens as Eurozone PMIs Disappoint

25 Oct 2024 at 1 PM - Written by Tim Boyer

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,...

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

24 Oct 2024 at 8 AM - Written by John Cameron

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...

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Concerns Over UK Borrowing Sends Pound to Euro Exchange Rate Lower

23 Oct 2024 at 10 AM - Written by John Cameron

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

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

22 Oct 2024 at 8 AM - Written by David Woodsmith

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