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 (2025) Exchange Rate Forecast: 1.19 Amid Stronger UK Fundamentals
7 Jul 2024 at 4 PM - Written by John Cameron
STORY LINK Pound to Euro (2025) Exchange Rate Forecast: 1.19 Amid Stronger UK Fundamentals
Foreign exchange analysts at MUFG expect the Pound to Euro (GBP/EUR) exchange rate will strengthen to 1.19 at the end of 2024 amid stronger UK fundamentals.
In contrast, ING expects a retreat to 1.1630 due to Bank of England (BoE) rate cuts.
GBP/EUR: Fiscal and monetary policy crucial after Labour landslide
With just a couple of...
CATEGORIES: Pound Euro Forecasts
UK Election 2024: Pound to Euro Exchange Rate Braced for Jump in Volatility
3 Jul 2024 at 2 PM - Written by John Cameron
STORY LINK UK Election 2024: Pound to Euro Exchange Rate Braced for Jump in Volatility
The Pound to Euro exchange rate (GBP/EUR) edged above 1.1800 on Tuesday before settling just below this level on Wednesday.
Socgen expects that GBP/EUR can make further headway if there is a renewed break above 1.1860.
The UK General Election is on Thursday with the French second-round parliamentary vote on Sunday.
As far as...
CATEGORIES: Pound Euro Forecasts
French Vote: Best and Worst Outcome for Pound to Euro Exchange Rate Buyers
30 Jun 2024 at 2 PM - Written by John Cameron
STORY LINK French Vote: Best and Worst Outcome for Pound to Euro Exchange Rate Buyers
Credit Agricole expects the Pound to Euro (GBP/EUR) exchange rate to strengthen to 1.19 at the end of 2024. It does, however, see scope for gains to near 1.22 if there is a left-wing majority victory in the French parliamentary elections.
Danske Bank still expects a GBP/EUR retreat to 1.15 on a 12-month view.
GBP/EUR was held in...
CATEGORIES: Pound Euro Forecasts
Politics Dominate the Pound and Euro Exchange Rates
26 Jun 2024 at 5 PM - Written by John Cameron
STORY LINK Politics Dominate the Pound and Euro Exchange Rates
The Pound to Euro exchange rate (GBP/EUR) advanced to highs just above 1.1860 on Tuesday before settling around 1.1845.
There are further doubts surrounding the Euro-Zone economic outlook, although political developments are tending to dominate at this stage with the countdown underway for two important elections in France and the...
CATEGORIES: Pound Euro Forecasts
Pound Election Update: Sterling Retreats to 10-Day Lows vs Euro
24 Jun 2024 at 5 PM - Written by John Cameron
STORY LINK Pound Election Update: Sterling Retreats to 10-Day Lows vs Euro
The Pound to Euro (GBP/EUR) exchange rate has continued to drift lower with a decline to 10-day lows around 1.1815 amid stronger expectations that the Bank of England (BoE) will cut interest rates in August. The Pound could drift lower if market confidence in an August cut increases further.
Markets will remain sensitive to Euro-Zone...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Exchange Rate Forecast For Week Ahead: 1.136-1.197 Ranges This Year
23 Jun 2024 at 2 PM - Written by John Cameron
STORY LINK Pound to Euro Exchange Rate Forecast For Week Ahead: 1.136-1.197 Ranges This Year
After initial strength on French political concerns, ING is still forecasting that the Pound to Euro exchange rate (GBP/EUR) will weaken to 1.1365 on a 12-month view.
MUFG, however, expects GBP/EUR gains to at least 1.1975.
After gains to 22-month highs the previous week, GBP/EUR continued to correct with a retreat to around...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Exchange Rate Forecast: 1.19 Lost?
20 Jun 2024 at 8 AM - Written by John Cameron
STORY LINK Pound to Euro Exchange Rate Forecast: 1.19 Lost?
The Pound edged higher after the latest UK inflation data. The evidence of further sticky services-sector inflation increased doubts whether the Bank of England would cut interest rates at the August meeting, although the overall shift in pricing was limited.
The Pound to Euro (GBP/EUR) exchange rate strengthened to 1.1860 from 1.1830...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Rate Corrects
17 Jun 2024 at 9 PM - Written by John Cameron
STORY LINK Pound to Euro Rate Corrects
The Pound to Euro exchange rate (GBP/EUR) surged to 22-month highs just above 1.1900 last week before a correction to 1.1835 on Monday.
Political and economic risks will be important for the Pound this week with MUFG seeing scope for further Pound gains and a potential move to at least 1.1975
The Euro has continued to be hampered...
CATEGORIES: Pound Euro Forecasts