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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.

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Pound Euro (GBP/EUR) Exchange Rate Slips as Markets Anticipate BoE Slowdown

7 Feb 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Slips as Markets Anticipate BoE Slowdown

Pound Euro (GBP/EUR) Exchange Rate Edges Lower amid Pullback in BoE Bets The Pound Euro (GBP/EUR) exchange rate ticked lower on Tuesday. The pairing was pulled lower by bets on a more dovish forward path from the Bank of England (BoE). The exchange rate saw its losses limited by poor German industrial data, however. Cautious...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Firms amid Hawkish Speech from BoE Mann

6 Feb 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Firms amid Hawkish Speech from BoE Mann

Pound Euro (GBP/EUR) Exchange Rate Firms amid Hawkish Speech from BoE Mann The Pound Euro (GBP/EUR) exchange rate firmed on Monday morning, following a hawkish speech from Bank of England (BoE) Policymaker Catherine Mann. Mann stated that further rate hikes were likely, lending support to GBP. At the time of writing, GBP/EUR traded at...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Slumped as the BoE Raised Interest Rates by 50bps

2 Feb 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Slumped as the BoE Raised Interest Rates by 50bps

Pound (GBP) Soured as BoE Continues its Battle with Inflation The Pound (GBP) plummeted on Thursday in the wake of the Bank of England (BoE) interest rate decision. Despite the expected increase by 50bps, the dire state of the UK economy limited gains from a continued aggressive rate hike cycle. A weak economy, combined with sky-high...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Slipped on Downbeat IMF 2023 Assessment

31 Jan 2023 at 2 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Slipped on Downbeat IMF 2023 Assessment

Pound (GBP) Undermined by Another Downbeat Economic Forecast The Pound (GBP) is struggling to catch a break this week, or this year, as Tuesday saw another pessimistic forecast weigh heavily. The International Monetary Fund (IMF) expressed concerns that the UK will be the only G7 economy to shrink in 2023. Another downgraded prediction...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Falls as UK Economic Outlook Remains Dour

27 Jan 2023 at 11 AM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Falls as UK Economic Outlook Remains Dour

Pound Euro (GBP/EUR) Exchange Rate Falls as UK Economic Outlook Remains Dour The Pound Euro (GBP/EUR) exchange rate weakened on Friday morning, as the UK’s economic outlook remained bleak amid thin trading conditions. At the time of writing, GBP/EUR traded at around €1.1368, showing a decline of roughly 0.2% from Friday’s...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Rangebound amid Downbeat UK Headlines

26 Jan 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Rangebound amid Downbeat UK Headlines

Pound Euro (GBP/EUR) Exchange Rate Narrows amid Thin Trading Conditions The Pound Euro (GBP/EUR) exchange rate narrowed on Thursday morning, as thin trading conditions kept investors focused on headlines surrounding the UK and Eurozone. At the time of writing, GBP/EUR traded at around €1.1373, showing minimal change from Thursday...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Trades Sideways as Rumours Swirl of Slashed UK Growth Forecast

25 Jan 2023 at 11 AM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Trades Sideways as Rumours Swirl of Slashed UK Growth Forecast

Pound Euro (GBP/EUR) Exchange Rate Narrows as UK Growth Outlook May Lower The Pound Euro (GBP/EUR) exchange rate narrowed on Wednesday, as rumours swirled that the UK’s growth outlook could be cut down. At the time of writing, GBP/EUR traded at around €1.1329, showing little deviation from Wednesday’s opening rates. Pound...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Slumps as UK’s Private Sectors Struggle

24 Jan 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Slumps as UK’s Private Sectors Struggle

Pound Euro (GBP/EUR) Exchange Rate Drops as UK Private Sector Struggles The Pound Euro (GBP/EUR) exchange rate slipped on Tuesday. The pairing came under pressure from disappointing data releases for the UK’s private sectors. Additionally, a return to growth for the Eurozone’s services sector added to GBP/EUR’s downturn. At...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Slumps on Lacklustre UK PMIs

24 Jan 2023 at 10 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Slumps on Lacklustre UK PMIs

Pound Euro Exchange Rate Slumps on Disappointing UK PMIs The Pound Euro (GBP/EUR) exchange rate trended lower on Tuesday as the pairing was pressured by weaker-than-expected UK PMI figures. This saw the GBP/EUR exchange rate trade at around €1.1330 at the time of writing. Down roughly 0.5% from Tuesday’s opening levels. Pound...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Weakens as UK Retail Struggles

20 Jan 2023 at 11 AM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Weakens as UK Retail Struggles

Pound Euro (GBP/EUR) Exchange Rate Slips as UK Retail Slumps The Pound Euro (GBP/EUR) exchange rate weakened on Friday, as the UK’s retail sector saw falling sales during December. At the time of writing, GBP/EUR traded at around €1.1414, a loss of 0.2% from Friday’s opening rates. Pound (GBP) Weakens as UK Retail Sales...

CATEGORIES: Pound Euro Forecasts

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