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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 19:40:59 Pound Euro Rate »
GBP/EUR +0 Days Low Days High Last Daily
1.14502 +0.09% 1.14227 1.14657 1.14404

Pound Sterling Update: GBP to EUR Rate Flat despite cooling Eurozone Inflation

2 Oct 2024 at 11 AM - Written by John Cameron

The Pound to Euro (GBP/EUR) exchange rate traded sideways on Tuesday morning leaving the pairing just below the 29-month high struck on Monday. At the time of writing, GBP/EUR was trading at approximately €1.2009, showing little movement from Tuesday’s opening levels. The Euro (EUR) wad muted on Tuesday following the release...

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Pound Euro Exchange Rate Flat following German CPI

1 Oct 2024 at 9 AM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange traded sideways on Monday following the publication of Germany’s latest consumer price index (CPI). At the time of writing, the GBP/EUR was trading at around €1.1966, virtually unchanged from Thursday’s opening levels. Euro (EUR) Unchanged following German Inflation The Euro (EUR) managed...

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Pound to Euro Forecast for Week Ahead: 1.20 Buying Back in Near-Term?

29 Sep 2024 at 10 AM - Written by John Cameron

Danske Bank expects that the Pound to Euro (GBP/EUR) exchange rate will strengthen to 1.2050 in the near term before a retreat to 1.1765 on a 12-month view. ING also sees a near-term peak at 1.2050 while Nordea forecasts losses to 1.1365 at the end of 2025. GBP/EUR hit 2-year highs at 1.2030 before settling just below 1.20. UK...

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Rampant Pound Takes a Break, GBP to EUR Rate at 2-Year Best

29 Sep 2024 at 9 AM - Written by John Cameron

After a surge earlier in the week, the Pound was subjected to a correction on Wednesday, although overall sentiment held firm, especially with the dollar struggling as EUR/USD broke above the 1.12 level for the first time since July 2023. The Pound to Euro (GBP/USD) exchange rate retreated to near 1.1960 from 2-year highs just above...

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GBP/EUR Rangebound despite Downbeat German Data

26 Sep 2024 at 8 AM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate treaded water on Tuesday following the publication of Germany’s IFO business climate index. At the time of writing, the GBP/EUR was trading at around €1.2021, virtually unchanged from Tuesday’s opening levels. The Euro (EUR) remained steady against most of its peers on Tuesday, despite...

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Pound to Euro Retreats from 1.20

26 Sep 2024 at 8 AM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate dropped on Wednesday morning as the pairing pulled back from its 26-month high seen earlier in the week. The Pound (GBP) fell back on Wednesday as GBP investors sought to book their profits in the wake of Sterling’s recent surge. GBP exchange rates have rallied to multi-month highs over the...

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Euro Buyers See Best GBP/EUR Exchange Rate in Two Years

24 Sep 2024 at 9 AM - Written by John Cameron

The latest Euro-Zone was significantly weaker than expected which triggered a renewed Euro slide in global markets. According to ING; “As the Olympic flame was extinguished, so was eurozone optimism.” UK data was slightly weaker than expected, but still pointed to UK out-performance. In this environment, the Pound to Euro...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Exchange Rate News: GBP/EUR Climbs Amid Weak Eurozone Data

24 Sep 2024 at 8 AM - Written by John Cameron

The Pound to Euro (GBP/EUR) exchange rate started the week on a high, surging to levels not seen since April 2022. Athe time of writing, GBP/EUR is trading at approximately €1.1961, marking a 0.3% rise from Monday’s opening levels. The Euro (EUR) faced strong headwinds on Monday following the release of concerning Eurozone...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Forecast for Week Ahead: 1.20 in Sights as BoE Caution Prevails

22 Sep 2024 at 1 PM - Written by John Cameron

Rabobank forecasts that the Pound to Euro (GBP/EUR) exchange rate will strengthen to 1.2050 on a 6-month view. Nomura sees scope for short-term Pound gains but with the risk of a significant retreat to 1.1630 by the end of 2024. Investment banks in general are wary over the UK fiscal outlook which could undermine the economy and...

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BoE Interest Rate Decision Delivers Pound to Euro Exchange Rate Gains

19 Sep 2024 at 10 PM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate firmed on Thursday following the Bank of England’s (BoE) latest interest rate decision. At the time of writing, the GBP/EUR was trading at around €1.1903, up roughly 0.2% from Thursday’s opening levels. The Pound (GBP) strengthened against most of its peers on Thursday following the Bank...

CATEGORIES: Pound Euro Forecasts