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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 (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

Pound Euro Exchange Rate News: GBP/EUR Wavered as UK Inflation Eased to 10.5%

18 Jan 2023 at 11 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Wavered as UK Inflation Eased to 10.5%

Pound (GBP) Supported by Further Interest Rate Hikes The Pound (GBP) enjoyed mixed success on Wednesday in the wake of a second straight month of softening inflation. Headline CPI fell to 10.5%, meeting expectations and only slipping modestly from November’s 10.7%. Despite easing, inflation in the UK remains close to 40-year highs,...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Ticks Lower as UK Strike Action Set to Continue

16 Jan 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Ticks Lower as UK Strike Action Set to Continue

Pound Euro (GBP/EUR) Exchange Rate Slips as UK Outlook Darkens The Pound Euro (GBP/EUR) exchange rate ticked lower on Monday. The pairing came under pressure from a poor outlook for the UK. Additionally, GBP/EUR saw losses from bets on hawkish action from the European Central Bank (ECB). At time of writing the GBP/EUR exchange rate...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Climbed Higher amid Growing UK Economy

13 Jan 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Climbed Higher amid Growing UK Economy

Pound (GBP) Buoyed by Surprising Boost in GDP Growth The Pound (GBP) enjoyed a rare boost on Friday as GDP growth beat forecasts and posted a surprising expansion in November. Against an expected shrinking of 0.2%, the UK’s economy surprised everyone and grew by 0.1%. Boosted by the World Cup taking place in winter rather than its...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Slips as UK Job Vacancies Slide

10 Jan 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Slips as UK Job Vacancies Slide

Pound Euro (GBP/EUR) Exchange Rate Falls amid Risk-Off Mood The Pound Euro (GBP/EUR) exchange rate slipped on Tuesday. The pairing was pushed lower by a cautious market mood, as well as hawkish comments from European Central Bank (ECB) officials. GBP/EUR found support from a rise in UK retail sales, however. Hawkish comments from...

CATEGORIES: Pound Euro Forecasts

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