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Pound Euro forecast page 54 - 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 Rangebound as Eurozone Unemployment Remains at Record-Low

9 Jan 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Rangebound as Eurozone Unemployment Remains at Record-Low

Pound Euro (GBP/EUR) Exchange Rate Trends Sideways amid Record-Low Eurozone Unemployment The Pound Euro (GBP/EUR) exchange rate traded within a narrow range on Monday. Record-low Eurozone unemployment prevented the currency pair from making any substantial gains. On the other hand, market bets on further interest rate hikes from the...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Slips as UK Construction Contracts

6 Jan 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Slips as UK Construction Contracts

Pound Euro (GBP/EUR) Exchange Rate Weakens as UK Construction Contracts The Pound Euro (GBP/EUR) exchange rate weakened on Friday, as the UK’s construction sector entered contractionary territory. At the time of writing, GBP/EUR traded at around €1.1298, a decline of 0.2% from Friday’s opening rates. Pound (GBP) Slips as...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Slides as UK Government Deficit Widens

21 Dec 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Slides as UK Government Deficit Widens

Pound Euro (GBP/EUR) Exchange Rate Slides as UK Government Borrowing Soars The Pound Euro (GBP/EUR) exchange rate weakened on Wednesday, as UK government borrowing increased far beyond forecasts and indicated a slowdown in investment. At the time of writing, GBP/EUR traded at around €1.1404, a drop of roughly 0.6% from Wednesday’s...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Rangebound as UK Retail Sales Fall Unexpectedly

16 Dec 2022 at 2 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Rangebound as UK Retail Sales Fall Unexpectedly

Pound Euro (GBP/EUR) Exchange Rate Trades Narrowly amid Risk-Off Mood The Pound Euro (GBP/EUR) exchange rate trended sideways on Friday. The currency pair’s gains were limited by an unexpected slump in UK retail sales and a risk-off mood. A paring back of market bets on further European Central Bank (ECB) rate hikes also pushed the...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Slides despite BoE Pointing to Further Rate Hikes

15 Dec 2022 at 1 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Slides despite BoE Pointing to Further Rate Hikes

Pound Euro (GBP/EUR) Exchange Rate Slides despite BoE Pointing to Further Rate Hikes The Pound Euro (GBP/EUR) exchange rate dropped on Thursday, as the Bank of England (BoE) supplemented the promise of further interest rate hikes with a dour outlook on the UK’s economy. At the time of writing, GBP/EUR traded at around €1.1569, a...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Muted amid Falling UK Inflation

14 Dec 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Muted amid Falling UK Inflation

GBP/EUR Exchange Rate Rangebound as UK’s Inflation eases The Pound to Euro (GBP/EUR) exchange rate was sluggish on Wednesday, as data showed UK inflation fell for the first time in three months. At the time of writing the GBP/EUR exchange rate traded at around €1.1623, which is virtually unchanged from Wednesday’s opening...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Traded Erratically amid Mixed UK Jobs Data

13 Dec 2022 at 3 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Traded Erratically amid Mixed UK Jobs Data

Pound (GBP) Undermined by Climbing Unemployment The Pound (GBP) saw mixed success on Tuesday in the wake of a flurry of jobs data. Overall, investors remained concerned with the labour market as the unemployment figure edged up. The unemployment figure increased for the third consecutive month to 3.7%, but still remains at historical...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Climbs amid Sweeping Reforms to UK Financial Sector

9 Dec 2022 at 2 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Climbs amid Sweeping Reforms to UK Financial Sector

Pound (GBP) Buoyed amid the Proposed Loosening of Financial Rules The Pound (GBP) enjoyed modest success against most of its peers on Friday amid interest rate hike expectations for next week. The Bank of England (BoE) is expected to raise interest rates by 50bps at the next policy meeting, as inflation remains far above the central...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Slips as Strikes Impact UK Businesses

8 Dec 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Slips as Strikes Impact UK Businesses

Pound Euro (GBP/EUR) Exchange Rate Slips as Strikes Impact UK Businesses The Pound Euro (GBP/EUR) exchange rate fell on Tuesday, as the waves of industrial action on the UK continued to impact businesses across the country. At the time of writing, GBP/EUR traded at around €1.1582, a decline of roughly 0.3% from Thursday’s opening...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Fluctuates amid UK’s Bleak Economic Outlook

2 Dec 2022 at 4 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Fluctuates amid UK’s Bleak Economic Outlook

GBP/EUR Exchange Rate Fluctuates as Cost-of-Living Crisis Pulls Focus The Pound to Euro (GBP/EUR) exchange rate has been trading in a broad range today, hindered by downbeat domestic headlines. At time of writing the GBP/EUR exchange rate traded at around €1.1678, which is up roughly 0.3% from Friday’s opening levels. Pound’s...

CATEGORIES: Pound Euro Forecasts

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