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 to Euro Week Ahead Forecast: ECB Rate Cut Trumps BoE Speculation
20 Oct 2024 at 8 PM - Written by David Woodsmith
STORY LINK Pound to Euro Week Ahead Forecast: ECB Rate Cut Trumps BoE Speculation
Goldman Sachs expects further short-term Pound to Euro (GBP/EUR) exchange rate gains to 1.2120 and maintains a 12-month forecast of 1.2200.
Although RBC Capital Markets (RBC) expects near-term support, it expects a steady decline to 1.1240 on a 12-month view.
GBP/EUR posted sharp gains to 30-month highs at 1.2050 during the week...
CATEGORIES: Pound Euro Forecasts
Pound to Euro News: GBP/EUR Exchange Rate Firms as ECB Cuts Interest Rates
18 Oct 2024 at 11 AM - Written by John Cameron
STORY LINK Pound to Euro News: GBP/EUR Exchange Rate Firms as ECB Cuts Interest Rates
The Pound Euro (GBP/EUR) exchange rate found some success on Thursday as the European Central Bank (ECB) delivered its third interest rate cut of 2024.
At the time of writing, GBP/EUR traded at €1.1987, up 0.3% on the day.
The Pound (GBP) started Thursday on a muted note, still feeling the impact of Wednesday's disappointing...
CATEGORIES: Pound Euro Forecasts
Pound Euro Exchange Rate Forecast: GBP/EUR Tumbles as UK Inflation Misses BoE Target
17 Oct 2024 at 8 AM - Written by Tim Boyer
STORY LINK Pound Euro Exchange Rate Forecast: GBP/EUR Tumbles as UK Inflation Misses BoE Target
The Pound Euro (GBP/EUR) exchange rate took a tumble on Wednesday morning after a weaker-than-expected UK consumer price index saw markets increase bets on more Bank of England (BoE) interest rate cuts.
At the time of writing, GBP/EUR traded at €1.1946, down 0.5% from the morning’s opening levels.
The Pound (GBP) tumbled on...
CATEGORIES: Pound Euro Forecasts
Pound Euro Exchange Rate Outlook: GBP/EUR Steady After UK and German Data
16 Oct 2024 at 8 AM - Written by John Cameron
STORY LINK Pound Euro Exchange Rate Outlook: GBP/EUR Steady After UK and German Data
The Pound Euro (GBP/EUR) exchange rate traded sideways on Tuesday following the publication of both the UK’s latest labour report as well as Germany’s most recent ZEW economic sentiment index.
At the time of writing, the GBP/EUR was trading at around €1.1991, virtually unchanged from Tuesday’s opening levels.
The Pound...
CATEGORIES: Pound Euro Forecasts
Pound Euro Exchange Rate News: GBP/EUR Wobbles ahead of Busy Week
15 Oct 2024 at 9 AM - Written by John Cameron
STORY LINK Pound Euro Exchange Rate News: GBP/EUR Wobbles ahead of Busy Week
The Pound Euro (GBP/EUR) exchange rate wavered on Monday, despite the start of the UK’s International Investment Summit, as high-impact events later in the week loomed over the currency pairing.
At the time of writing, GBP/EUR traded at €1.1949, having fluctuated in a tight range since the start of the week’s opened.
The...
CATEGORIES: Pound Euro Forecasts
GBP/EUR Exchange Rate Coiled Near 1.1950, Pivotal Week for Pound
15 Oct 2024 at 9 AM - Written by David Woodsmith
STORY LINK GBP/EUR Exchange Rate Coiled Near 1.1950, Pivotal Week for Pound
The Pound to Euro (GBP/EUR) exchange rate has continued to consolidate around 1.1950, but with the potential for substantial moves this week amid a wave of market-moving events including key UK data and an ECB policy meeting.
ING expects lower UK inflation and added; “This means that EUR/GBP could hold support at 0.8350 this week and...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Week Ahead Forecast: Settled around 1.1950
13 Oct 2024 at 8 PM - Written by Tim Boyer
STORY LINK Pound to Euro Week Ahead Forecast: Settled around 1.1950
Foreign exchange strategistsd at Goldman Sachs expect the Pound to Euro exchange rate to strengthen to 1.22 (GBP/EUR) on a 12-month view.
GBP/EUR settled around 1.1950 as tight ranges prevailed during the week with caution surrounding geo-political risks and the UK budget.
Goldman expressed some caution on a near-term Pound view;...
CATEGORIES: Pound Euro Forecasts
Pound Euro Exchange Rate Flat despite Rising ECB Rate Cut Speculation
13 Oct 2024 at 7 PM - Written by John Cameron
STORY LINK Pound Euro Exchange Rate Flat despite Rising ECB Rate Cut Speculation
The Pound Euro (GBP/EUR) exchange rate treaded water on Thursday amid a lack of both UK and Eurozone data releases.
At the time of writing, GBP/EUR traded at around €1.1859, virtually unchanged from Thursday’s opening rate.
The Euro (EUR) struggled to garner investor attention on Thursday, undermined by a surge in European...
CATEGORIES: Pound Euro Forecasts
Pound Euro Exchange Rate Outlook: GBP/EUR Rangebound amid UK Budget Rumours
10 Oct 2024 at 7 AM - Written by John Cameron
STORY LINK Pound Euro Exchange Rate Outlook: GBP/EUR Rangebound amid UK Budget Rumours
The Pound Euro (GBP/EUR) exchange rate fluctuated on Wednesday as speculation around the UK’s Autumn Budget was met with mixed feelings.
At the time of writing, GBP/EUR wobbled around €1.1934, virtually unchanged from its opening level.
The British Pound (GBP) experienced mixed trade on Wednesday, as an absence of UK data led...
CATEGORIES: Pound Euro Forecasts
Pound Sterling Watching UK Fiscal Policy Closely, GBP/EUR Braced
10 Oct 2024 at 7 AM - Written by David Woodsmith
STORY LINK Pound Sterling Watching UK Fiscal Policy Closely, GBP/EUR Braced
The Pound to Euro (GBP/EUR) exchange rate found support below 1.19 on Tuesday and has settled around 1.1935, just below the middle of the trading range seen over the past 20 days.
Overall risk conditions will be very important in the short term with major global events in focus and the potential for high volatility across asset...
CATEGORIES: Pound Euro Forecasts