Pound Euro forecast page 53 - GBP EUR
A round up of the latest Pound Euro forecast news items from the Currency News desk.
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Pound Euro Exchange Rate Subdued as BoE Cut Rates
10 Nov 2024 at 7 PM - Written by Tim Boyer
STORY LINK Pound Euro Exchange Rate Subdued as BoE Cut Rates
The Pound Euro (GBP/EUR) exchange rate traded largely flat on Thursday following the Bank of England’s latest interest rate decision.
The Pound (GBP) saw a varied trading day on Thursday following the Bank of England's (BoE) latest interest rate decision. It lost ground against higher-risk currencies but gained against most others...
CATEGORIES: Pound Euro Forecasts
Pound Euro Exchange Rate Reaches 1.20 as Donald Trump Win Boosts Dollar
7 Nov 2024 at 10 AM - Written by Ben Hughes
STORY LINK Pound Euro Exchange Rate Reaches 1.20 as Donald Trump Win Boosts Dollar
The Pound Euro (GBP/EUR) exchange rate surged on Wednesday after the US’s general election results confirmed Donald Trump as the new US President.
At the time of writing, the GBP/EUR was trading at around €1.2004, up roughly 0.6% from Wednesday’s opening levels.
The Euro (EUR) plunged against most of its peers on Wednesday,...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Rate Jumps on President Trump Win, USD Rallies, EUR Pressured
6 Nov 2024 at 10 AM - Written by Frank Davies
STORY LINK Pound to Euro Rate Jumps on President Trump Win, USD Rallies, EUR Pressured
US Ddollar gains to some extent.
The Pound to Dollar (GBP/USD) exchange rate dipped to just below 1.2850 before regaining the 1.2900 level.
The Euro has been hit harder than the Pound due to fears over a more aggressive trade policy and damage to the Euro-Zone economy.
In this context, the Pound to Euro (GBP/EUR) exchange rate has...
CATEGORIES: Pound Euro Forecasts
Pound Euro Exchange Rate Flat ahead of BoE Decision and US Election Results
6 Nov 2024 at 7 AM - Written by Frank Davies
STORY LINK Pound Euro Exchange Rate Flat ahead of BoE Decision and US Election Results
The Pound Euro (GBP/EUR) exchange rate traded sideways on Tuesday as markets looked ahead to incoming high-impact events.
At the time of writing, GBP/EUR traded at €1.1918, virtually unchanged from the start of the session.
The British Pound (GBP) was uncertain on Tuesday as investors held back on bold moves in anticipation of the...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Rate Forecast: GBP/EUR Dented following Eurozone PMI
4 Nov 2024 at 5 PM - Written by John Cameron
STORY LINK Pound to Euro Rate Forecast: GBP/EUR Dented following Eurozone PMI
The Pound Euro (GBP/EUR) exchange rate lost ground on Monday following the publication of the Eurozone’s latest PMI data
At the time of writing, the GBP/EUR was trading at around €1.1892, down roughly 0.2% from Monday’s opening levels.
The Euro (EUR) managed to achieve moderate gains against most currencies on Monday, buoyed...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Week Ahead Forecast: Debt Fears Unsettle Sterling
3 Nov 2024 at 10 AM - Written by Frank Davies
STORY LINK Pound to Euro Week Ahead Forecast: Debt Fears Unsettle Sterling
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...
CATEGORIES: Pound Euro Forecasts
Pound Sterling Slides to 2-Week Lows vs Euro on ECB Re-Think
3 Nov 2024 at 10 AM - Written by David Woodsmith
STORY LINK Pound Sterling Slides to 2-Week Lows vs Euro on ECB Re-Think
The Pound to Euro (GBP/EUR) exchange rate was subjected to very choppy trading following the budget and dipped to 2-week lows near 1.1935.
Following the latest Euro-Zone data and UK budget, expectations of ECB and Bank of England (BoE) interest rate cuts have both been scaled back.
Markets still expect a BoE rate cut in November,...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Exchange Rate Strikes Four-Week Low as Eurozone Inflation Beats Forecasts
1 Nov 2024 at 7 AM - Written by Frank Davies
STORY LINK Pound to Euro Exchange Rate Strikes Four-Week Low as Eurozone Inflation Beats Forecasts
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...
CATEGORIES: Pound Euro Forecasts