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Pound Euro forecast page 57 - 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 Drops amid Increasing UK Political Uncertainty

20 Oct 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Drops amid Increasing UK Political Uncertainty

Pound Euro (GBP/EUR) Exchange Rate Falls as UK Political Uncertainty Deepens Thursday saw the Pound (GBP) weaken against the Euro (EUR) as political uncertainty in the UK continued to unfold. This saw the GBP/EUR exchange rate trade at around €1.1451, a drop of roughly 0.2% from Thursday’s opening rates. Pound (GBP) Capped by...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Wavers as UK Inflation Prints Hotter-Than-Anticipated

19 Oct 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Wavers as UK Inflation Prints Hotter-Than-Anticipated

Pound Euro (GBP/EUR) Exchange Rate Muted as UK Inflation Beats Forecasts The Pound (GBP) saw mixed trade against the Euro (EUR) on Wednesday, as UK inflation data came in above expectations. This saw the GBP/EUR exchange rate trading at around €1.1486, showing little movement from Tuesday’s opening rats. Pound (GBP) Weakens as...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Softened as UK Political Uncertainty Returns to Spook Markets

18 Oct 2022 at 1 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Softened as UK Political Uncertainty Returns to Spook Markets

Pound (GBP) Undermined by Quashed BoE Rumours The Pound (GBP) soared to seven-week highs on Monday in the wake of Chancellor Jeremy Hunt’s dismantling of Liz Truss’ mini-budget. Since replacing the sacked Kwasi Kwarteng last Friday, Hunt systematically reversed almost of all the sweeping tax cuts outlined in the disastrous...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Soars as Investors await Hunt’s Afternoon Address

17 Oct 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Soars as Investors await Hunt’s Afternoon Address

GBP/EUR Exchange Rate Rises amid Speech Speculation The Pound to Euro (GBP/EUR) exchange rate strengthened on Monday as investors responded to a speech from Chancellor Jeremy Hunt focusing on changes to the government’s fiscal plan. At time of writing the GBP/EUR exchange rate traded at around €1.1579, which was up roughly 0.7%...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Slumps amid UK Political Drama

14 Oct 2022 at 4 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Slumps amid UK Political Drama

GBP/EUR Exchange Rate Falls amid UK Political Jitters The Pound to Euro (GBP/EUR) exchange rate tumbled on Friday amid UK political uncertainty. At time of writing the GBP/EUR exchange rate traded at around €1.1485, which was down roughly 0.7% from Friday’s opening levels. Pound (GBP) Drops amid Truss’s Lacklustre...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Strengthened Despite Growing UK Political Unrest

13 Oct 2022 at 1 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Strengthened Despite Growing UK Political Unrest

Pound (GBP) Under Pressure from Divided Government The Pound (GBP) found modest support on Thursday amid turbulent economic issues compounded by growing unrest within Prime Minister Liz Truss’ Tory party. With growing calls for a general election from the opposition, and even within the Conservatives, political uncertainty could only...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Remained Volatile as UK Economy on Brink of Recession

12 Oct 2022 at 1 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Remained Volatile as UK Economy on Brink of Recession

Pound (GBP) Surged Despite GDP Contracting The Pound (GBP) enjoyed a surge in demand on Wednesday despite a myriad of headwinds threatening to sap investor confidence. However, the volatile nature of the Pound could see a slowdown soon. An unexpected contraction in the UK economy for the month of August showed GDP growth shrank by...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Muted as Key German Data Misses Forecast

7 Oct 2022 at 3 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Muted as Key German Data Misses Forecast

GBP/EUR Exchange Rate Muted as German Data Signals Winter Recession The Pound to Euro (GBP/EUR) exchange rate was flat on Friday afternoon as data from earlier in the European session impeded the currency pair’s movement. At time of writing the GBP/EUR exchange rate traded at around €1.1400, which was roughly the same as Friday’s...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Wavered amid Troubling PMI Data

5 Oct 2022 at 1 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Wavered amid Troubling PMI Data

Pound (GBP) Pressured Despite Better-than-Expected Services PMI The Pound (GBP) failed to find much demand on Wednesday in the wake of final services PMI data. Avoiding a contraction in the services sector lent some modest support to Sterling. A higher revised services PMI of 50 prevented a contraction in the sector that accounts for...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Strengthens as UK Government U-Turns on Tax Cut

3 Oct 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Strengthens as UK Government U-Turns on Tax Cut

GBP/EUR Exchange Rate Gains Ground on Government U-Turn The Pound to Euro (GBP/EUR) exchange rate firmed on Monday as Chancellor Kwasi Kwarteng dropped the 45p tax cut from the highly controversial fiscal plan. At time of writing the GBP/EUR exchange rate traded at around €1.1426, which is roughly up 0.3% from Monday’s opening...

CATEGORIES: Pound Euro Forecasts

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