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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.

LIVE EXCHANGE RATE 00:26:13 Pound Euro Rate »
GBP/EUR +0 Days Low Days High Last Daily
1.14618 +0% 1.14618 1.14618 1.14618

German Woes Sap Euro Support, GBP to EUR Rate Holds Around 1.1950

8 Oct 2024 at 8 AM - Written by Tim Boyer

STORY LINK German Woes Sap Euro Support, GBP to EUR Rate Holds Around 1.1950

The Pound to Euro (GBP/EUR) exchange rate has consolidated around 1.1950 despite a more fragile risk environment with Pound sentiment holding firm despite weaker equities while the Euro has again been hit by dismal data. The latest COT data, reported by the CFTC, recorded an increase in long Pound positions to near 94,000 contracts...

CATEGORIES: Pound Euro Forecasts

Growing BoE Rate Cut Speculation Prompts Pound to Euro Rate Slide

8 Oct 2024 at 7 AM - Written by Frank Davies

STORY LINK Growing BoE Rate Cut Speculation Prompts Pound to Euro Rate Slide

GBP/EUR Exchange Rate Struggles to Hold Above €1.19 The Pound to Euro (GBP/EUR) exchange rate started the week on a negative note as increased speculation regarding the pace of interest rate cuts from the Bank of England (BoE) pressured Sterling sentiment. At the time of writing, GBP/EUR was trading around €1.1925, down...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Forecast for Week Ahead: 1.20 Fades, Where Next?

6 Oct 2024 at 9 PM - Written by Frank Davies

STORY LINK Pound to Euro Forecast for Week Ahead: 1.20 Fades, Where Next?

Credit Agricole remains comfortable with an end-2025 Pound to Euro (GBP/EUR) exchange rate forecast of 1.2050. MUFG expects a retreat to 1.1765 by the third quarter of next year. GBP/EUR posted sharp losses to 2-week lows near 1.1850 before a recovery to near 1.1950. The Pound was undermined by dovish comments from Bank of...

CATEGORIES: Pound Euro Forecasts

Pound to Euro End-of-Week Forecast: GBP/EUR Nosedives following BoE Remarks

4 Oct 2024 at 12 PM - Written by John Cameron

STORY LINK Pound to Euro End-of-Week Forecast: GBP/EUR Nosedives following BoE Remarks

The Pound Euro exchange rate plunged on Thursday as the currency pairing was severely undermined by the latest commentary from Bank of England Governor Andrew Bailey. At the time of writing, the GBP/EUR was trading at around €1.1887, down roughly 1% from Thursday’s opening levels. The Pound (GBP) tumbled against the majority of...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Flat amid Lack of Impactful Data - Pound Euro Today

3 Oct 2024 at 1 PM - Written by John Cameron

STORY LINK GBP to EUR Exchange Rate Flat amid Lack of Impactful Data - Pound Euro Today

The Pound to Euro (GBP/EUR) exchange rate remained relatively stable on Tuesday, with the currency pair fluctuating within a tight range. This was due to the absence of significant data and a mix of other influencing factors. At the time of writing, GBP/EUR was trading around €1.2002, virtually unchanged from its opening...

CATEGORIES: Pound Euro Forecasts

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

2 Oct 2024 at 11 AM - Written by John Cameron

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

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...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Flat following German CPI

1 Oct 2024 at 9 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Flat following German CPI

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...

CATEGORIES: Pound Euro Forecasts

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

29 Sep 2024 at 10 AM - Written by John Cameron

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

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...

CATEGORIES: Pound Euro Forecasts

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

29 Sep 2024 at 9 AM - Written by John Cameron

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

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...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Rangebound despite Downbeat German Data

26 Sep 2024 at 8 AM - Written by John Cameron

STORY LINK GBP/EUR Rangebound despite Downbeat German Data

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...

CATEGORIES: Pound Euro Forecasts

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