Pound Euro forecast page 59 - GBP EUR

The Pound to Euro exchange rate trended flatly on Wednesday morning, largely ignoring the day’s ecostats and trending flatly as markets focused increasingly on the US Presidential election. The Euro was able to hold its ground against Sterling recovery attempts. GBP/EUR has fallen almost a cent in value since Tuesday morning’s high of...

Uneven Nature of UK Growth Sees Pound Sterling Return to Weaker Footing Despite Thursday’s stronger-than-expected UK GDP report the Pound (GBP) soon returned to a downtrend against rivals, with investors concerned by the fact that growth remained entirely driven by the service sector. Support for Sterling was also limited by a fresh...

Pound Sterling (GBP) Exchange Rate Unsettled after Concerning September Retail Sales Stats The Pound Euro exchange rate remained trending around the 1.10 level on Thursday. The day’s major UK economic data has concerned retail sales recorded in September. While some economists have cited annual figures in the area of 4% and 4.1% as...

The Pound to Euro exchange rate has trended limply since markets opened this week, seemingly unable to recover from a sudden drop in value on Friday. The Euro has been able to hold its ground thanks to solid Eurozone ecostats. GBP/EUR lost over four cents in value throughout the course of last week’s trade, beginning the week in the...

The Pound to Euro exchange rate plummeted throughout Monday’s session as investors reacted to weekend comments from UK Prime Minister Theresa May announcing Britain’s formal Brexit process would begin by the end of March 2017. GBP/EUR began the week trading at around 1.1538, but quickly plunged as markets opened and reacted to May’s...

Market Paralysis Keeps GBP/EUR Positive despite Borrowing and OECD Forecast Headwinds Government borrowing figures showed a strong deficit of -£10.1 billion and indicated Philip Hammond may overshoot targets, but GBP/EUR exchange rates held just above opening levels. PwC Chief Economist John Hawksworth observed; ‘It may still be...

What News is likely to Impact Pound Sterling to Euro (GBP/EUR), US Dollar (GBP/USD) Exchange Rates this Week? Several stand-out data sets and risk events are expected to determine price action for the world’s premier currencies, including Pound Sterling (GBP), the Euro (EUR) and US Dollar (USD) during this week’s session. Our leading...

Pound Sterling (GBP) Exchange Rate Forecast Neutral-Negative Although Pound Sterling (GBP) exchange rates are down from the week's highest levels, the currency was still able to register modest gains on Friday and looks sent to enter the weekend standing firm against the Euro (EUR), US Dollar (USD) and Canadian Dollar (CAD). The POUND...

Mixed Pound Sterling (GBP) Exchange Rates Following GBP/EUR, GBP/USD Best Levels Yesterday’s afternoon session in the global currency markets brought decidedly mixed messages for Pound Sterling (GBP) exchange rates with real data releases painting a markedly different picture of the domestic economy to the one described by...

BoE Interest Rate Forecast Could Trigger Further GBP to EUR, USD, NZD Exchange Rate Losses The POUND STERLING (currency : GBP) remains in grave danger of recording further near-term losses against the other sixteen most actively traded global currencies this week. Last week’s suggestion from the Bank of England (BoE) that it may consider...