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Pound Euro forecast page 58 - GBP EUR

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

LIVE EXCHANGE RATE 07:43:52 Pound Euro Rate »
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Pound Euro (GBP/EUR) Exchange Rate Rises as Single Currency Succumbs to Pressure

23 Aug 2022 at 3 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Rises as Single Currency Succumbs to Pressure

GBP/EUR Exchange Rate Inches Higher as Euro Sentiment Weakens The Pound Euro (GBP/EUR) exchange rate is ticking up today, fuelled by weakness in the Euro (EUR) as opposed to Pound (GBP) strength. Both currencies are facing headwinds this afternoon as PMI data prints mixed and energy fears affect the UK and the Eurozone...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Slides Despite Uptick in UK Retail Sales

19 Aug 2022 at 2 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Slides Despite Uptick in UK Retail Sales

Pound Euro (GBP/EUR) Exchange Rate Slumps amid Poor UK Outlook The Pound Euro (GBP/EUR) exchange rate dropped on Thursday despite UK retail sales figures printing above forecasts. The gloomy long-term outlook for the UK economy likely weighed on the currency pair. It’s likely that markets may have pared back bets on more aggressive...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Ticks Up from Near-Weekly Low

18 Aug 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Ticks Up from Near-Weekly Low

GBP/EUR Exchange Rate Rises amid Post-Inflation EUR Slump The Pound Euro (GBP/EUR) exchange rate is climbing so far today despite headwinds in both the UK and the Euro area. Euro (EUR) investors appear to have interpreted finalised inflation data negatively, as today’s reading printed as expected at 8.9%. At the time of writing,...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Wavered on Mixed UK Employment Data

16 Aug 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Wavered on Mixed UK Employment Data

Pound (GBP) Fluctuated on Mixed Employment Data The Pound (GBP) strengthened modestly on positive unemployment data but soon wavered as the rest of the labour market overview printed to mixed results. Unemployment rate held steady at 3.8%, for the third consecutive month as expected. Slightly higher than the first three months of 2022...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Trends in Narrow Range on Energy Concerns

15 Aug 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Trends in Narrow Range on Energy Concerns

GBP/EUR Exchange Rate Wavers as Energy Concerns Prevail The Pound Euro (GBP/EUR) exchange rate is trading sideways today as both currencies face headwinds over rising energy costs. A lack of significant data also weighs upon trading sentiment, leaving the Pound (GBP) and the Euro (EUR) exposed to losses against their peers. At...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Falls as UK Economy Contracts in June

12 Aug 2022 at 1 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Falls as UK Economy Contracts in June

Pound Euro (GBP/EUR) Exchange Rate Falls Despite Risk-On Mood The Pound Euro (GBP/EUR) exchange rate slumped on Friday amid poor data releases for the UK. Figures indicated a contraction in the UK economy in June as well as a large trade deficit. Above-forecast industrial production for the Eurozone likely also contributed to the...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Softened amid Darkening UK Economic Outlook

9 Aug 2022 at 3 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Softened amid Darkening UK Economic Outlook

Pound (GBP) Weakened on Bleak Economic Outlook The Pound (GBP) dropped to fresh two-week lows as investors remain cautious after the Bank of England’s (BoE) bleak economic outlook. Political volatility also continues to weigh on the Pound as the race enters its final month before the next Prime Minister is announced. Despite a modest...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Falls after BoE interest Rate Decision

4 Aug 2022 at 4 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Falls after BoE interest Rate Decision

Pound Euro (GBP/EUR) Exchange Rate Drops after BoE Interest Rate Decision The Pound Euro (GBP/EUR) exchange rate fell on Thursday after the Bank of England (BoE) rose interest rates by 0.5%. Despite this, forecasts of higher inflation and the possibility of a fourth quarter recession for the UK likely contributed to the currency...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Trades Erratically amid Downbeat Eurozone Data

1 Aug 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Trades Erratically amid Downbeat Eurozone Data

The Euro (EUR) Subdued as Downbeat Data Exacerbates Recession Fears The Euro (EUR) is struggling to find demand today as downbeat data compounds growing inflationary pressures. German retail sales unexpectedly declined in the month of June, as they missed forecasts of a 0.2% increase. Rising living costs are having a direct impact on...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Slides amid Encouraging Eurozone Growth

29 Jul 2022 at 1 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Slides amid Encouraging Eurozone Growth

The Euro (EUR) Rallies on Surprisingly Upbeat Economic Growth The Euro (EUR) is firming despite higher-than-expected inflation. Encouraging economic growth data from around the Euro area is lending considerable support to the single currency. A flurry of crucial data from around the Euro area threatened to sink the Euro as market...

CATEGORIES: Pound Euro Forecasts

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