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Pound Euro forecast page 56 - GBP EUR

A round up of the latest Pound Euro forecast news items from the Currency News desk.

LIVE EXCHANGE RATE 07:57:02 Pound Euro Rate »
GBP/EUR +0 Days Low Days High Last Daily
1.14993 +0% 1.14775 1.15056 1.14993

Pound Euro (GBP/EUR) Exchange Rate Muted ahead of Eurozone Inflation

1 Dec 2024 at 2 PM - Written by Frank Davies

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Muted ahead of Eurozone Inflation

The Pound Euro (GBP/EUR) exchange rate wavered sideways on Thursday as mixed factors and a muted mood ahead of the Eurozone inflation figures subdued the pairing. The Pound (GBP) traded flat on Thursday due to an absence of significant UK economic data. The sole release was a mid-tier consumer confidence report from the British...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Week Ahead Forecast: French Fears in Focus

1 Dec 2024 at 2 PM - Written by Ben Hughes

STORY LINK Pound to Euro Rate Week Ahead Forecast: French Fears in Focus

Bank of America (BoA) has changed its forecasts at now expects that the Pound to Euro exchange rate (GBP/EUR) will strengthen to 1.25 at the end of 2025 from 1.2150 previously. The bank also expects further gains to 1.30 at the end of 2026. In contrast, ING expects GBP/EUR will surrender interim gains to trade at 1.19 at the end of...

CATEGORIES: Currency Predictions Pound Euro Forecasts

GBP/EUR Exchange Rate Outlook: Pound Flat Following BoE Inflation Concerns

28 Nov 2024 at 9 AM - Written by John Cameron

STORY LINK GBP/EUR Exchange Rate Outlook: Pound Flat Following BoE Inflation Concerns

The Pound to Euro (GBP/EUR) exchange rate traded within a tight range on Wednesday as investors reacted to comments by Bank of England (BoE) Deputy Governor Clare Lombardelli. The Pound (GBP) remained steady on Wednesday, supported by comments from BoE policymaker Clare Lombardelli regarding inflation risks. In an interview with...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Slips following Trump’s Nomination for Treasury Secretary

25 Nov 2024 at 3 PM - Written by Ben Hughes

STORY LINK Pound to Euro Rate Slips following Trump’s Nomination for Treasury Secretary

The Pound Euro exchange rate (GBP/EUR) edged lower on Monday as Donald Trump’s Treasury Secretary nomination helped calm concerns about US tariffs negatively impacting the Eurozone economy. At the time of writing, GBP/EUR traded at €1.1986, down more than 0.3% on the day. The Euro (EUR) strengthened on Monday, supported by its...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Week Ahead Forecast: Another EUR Lurch Lower

24 Nov 2024 at 11 AM - Written by David Woodsmith

STORY LINK Pound to Euro Rate Week Ahead Forecast: Another EUR Lurch Lower

Foreign exchange analysts at Commerzbank expect the Pound to Euro exchange rate (GBP/EUR) to maintain strength throughout 2025 with gains to 1.2350 at year-end. This would be the strongest level since 2016. There is very little in the way of dissent on a short-term view while, after initial gains to at least 1.22, MUFG expects that...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Euro Back Above 1.2000, Analyst Target 1.2050+

22 Nov 2024 at 12 PM - Written by David Woodsmith

STORY LINK Pound to Euro Back Above 1.2000, Analyst Target 1.2050+

The stronger than expected UK inflation data strengthened the Pound on Wednesday with the Pound to Euro (GBP/EUR) exchange rate edging back above the 1.2000 level from 1.1980 as markets priced out the already small possibility of a December Bank of England rate cut. Markets still expect significant rate cuts next year. According to...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Wavers amid Rising UK Borrowing and Russia-Ukraine Fears

22 Nov 2024 at 12 PM - Written by David Woodsmith

STORY LINK Pound to Euro Rate Wavers amid Rising UK Borrowing and Russia-Ukraine Fears

The Pound Euro (GBP/EUR) exchange rate wavered sideways on Thursday as rising UK borrowing costs and flaring tensions in the Russia-Ukraine war weighed on both currencies. The Pound (GBP) declined on Thursday as higher-than-expected UK government borrowing figures raised concerns about the state of the public finances. Data from the...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Outlook: Pound-Euro Ticks Up following UK Inflation

21 Nov 2024 at 9 AM - Written by James Fuller

STORY LINK GBP to EUR Exchange Rate Outlook: Pound-Euro Ticks Up following UK Inflation

The Pound Euro (GBP/EUR) exchange rate edged up on Wednesday following the publication of the UK’s latest consumer price index (CPI). At the time of writing, the GBP/EUR was trading at around €1.2007, up roughly 0.3% from Wednesday’s opening levels. The Pound (GBP) experienced a modest rally against most of its counterparts on...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Exchange Rate Today: Subdued

20 Nov 2024 at 9 AM - Written by David Woodsmith

STORY LINK Pound to Euro Exchange Rate Today: Subdued

The Pound Euro (GBP/EUR) exchange rate traded largely flat on Tuesday following the publication of the Eurozone’s latest inflationary data release. At the time of writing, the GBP/EUR was trading at around €1.1970, virtually unchanged from Tuesday’s opening levels. The Euro (EUR) weakened against most of its counterparts on...

CATEGORIES: Pound Euro Forecasts

Big Week for European Economies, Pound to Euro Rate Retreats

18 Nov 2024 at 5 PM - Written by David Woodsmith

STORY LINK Big Week for European Economies, Pound to Euro Rate Retreats

The Pound has continued to lose ground on Monday with the Pound to Euro (GBP/EUR) exchange rate dipping to 20-day lows below 1.1950. ING expects a firm GBP/EUR tone on near-term central bank divergence; “we see any dovish repricing in BoE expectations coming after a December outsized ECB cut.” Dollar developments and...

CATEGORIES: Pound Euro Forecasts

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