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Pound Euro forecast page 59 - GBP EUR

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

LIVE EXCHANGE RATE 00:52:44 Pound Euro Rate »
GBP/EUR +0 Days Low Days High Last Daily
1.14931 +0.02% 1.14884 1.14932 1.14904

Pound Euro Exchange Rate News: GBP/EUR Choppy ahead of UK Autumn Budget

28 Oct 2024 at 2 PM - Written by David Woodsmith

The Pound Euro (GBP/EUR) exchange rate was mixed on Monday as investors braced for the UK Autumn Budget and some high-impact Eurozone data. At the time of writing, GBP/EUR traded at €1.2000, having wavered in a narrow range. The Pound (GBP) fluctuated on Monday as markets prepared for the imminent UK Autumn Budget. The Labour...

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Pound to Euro Rate Week Ahead Forecast: Possible 8-Year Best say Analysts

27 Oct 2024 at 3 PM - Written by David Woodsmith

Danske Bank forecasts that the Pound to Euro (GBP/EUR) exchange rate will strengthen to 1.2350 on a 6-month view as UK yields remain attractive. In contrast, ING expects that GBP/EUR will weaken to 1.1630 by the second quarter of 2025. During the week, the Pound to Euro (GBP/EUR) exchange rate strengthened to 1.2050 before settling...

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GBP/EUR Exchange Rate Strengthens as Eurozone PMIs Disappoint

25 Oct 2024 at 1 PM - Written by Tim Boyer

The Pound to Euro (GBP/EUR) exchange rate traded with modest gains on Thursday morning, as markets digested the latest PMI releases from both the UK and Eurozone. At the time of writing, GBP/EUR was trading around €1.1999, up approximately 0.2% from Thursday’s opening levels. The Euro (EUR) came under pressure on Thursday,...

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Pound Euro Exchange Rate Forecast: GBP/EUR Touches Five-Day Best

24 Oct 2024 at 8 AM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate touched a five-day high on Wednesday, although it wavered in a narrow range, as a risk-off mood and UK budget hopes impacted the pairing. At the time of writing, GBP/EUR traded at €1.2034, having hit a five-day high of €1.2043 earlier in the session. The Euro (EUR) had a mixed performance...

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Concerns Over UK Borrowing Sends Pound to Euro Exchange Rate Lower

23 Oct 2024 at 10 AM - Written by John Cameron

The Pound to Euro (GBP/EUR) exchange rate weakened on Tuesday, as markets reacted to worrying UK borrowing data. At the time of writing, GBP/EUR was trading at approximately €1.1985, down about 0.2% from Tuesday’s opening rates. The Pound (GBP) stumbled on Tuesday as markets reacted to the release of the UK’s latest public...

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Pound Euro Exchange Rate Wobbles amid Cooling German PPI and Risk Aversion

22 Oct 2024 at 8 AM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate wobbled on Monday morning, amid softer German PPI figures and a risk-averse market mood. At the time of writing, GBP/EUR traded at €1.2000, having wobbled in a narrow range since the week’s trade began. Pound (GBP) Muted as Market Mood Sours The Pound (GBP) began the week on the back...

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China Rate Cut Offers Some Euro Protection, Pound to Eur Rate Settles

22 Oct 2024 at 8 AM - Written by David Woodsmith

After hitting 30-month highs just above 1.2050 last week, the Pound to Euro (GBP/EUR) exchange rate has lost ground on Monday and settled just below 1.2000. The Chinese central bank cut interest rates on Monday with the prime loan rate cut to 3.10% from 3.35%. Although markets had expected a cut, the move did help underpin...

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Pound to Euro Week Ahead Forecast: ECB Rate Cut Trumps BoE Speculation

20 Oct 2024 at 8 PM - Written by David Woodsmith

Goldman Sachs expects further short-term Pound to Euro (GBP/EUR) exchange rate gains to 1.2120 and maintains a 12-month forecast of 1.2200. Although RBC Capital Markets (RBC) expects near-term support, it expects a steady decline to 1.1240 on a 12-month view. GBP/EUR posted sharp gains to 30-month highs at 1.2050 during the week...

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Pound to Euro News: GBP/EUR Exchange Rate Firms as ECB Cuts Interest Rates

18 Oct 2024 at 11 AM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate found some success on Thursday as the European Central Bank (ECB) delivered its third interest rate cut of 2024. At the time of writing, GBP/EUR traded at €1.1987, up 0.3% on the day. The Pound (GBP) started Thursday on a muted note, still feeling the impact of Wednesday's disappointing...

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Pound Euro Exchange Rate Forecast: GBP/EUR Tumbles as UK Inflation Misses BoE Target

17 Oct 2024 at 8 AM - Written by Tim Boyer

The Pound Euro (GBP/EUR) exchange rate took a tumble on Wednesday morning after a weaker-than-expected UK consumer price index saw markets increase bets on more Bank of England (BoE) interest rate cuts. At the time of writing, GBP/EUR traded at €1.1946, down 0.5% from the morning’s opening levels. The Pound (GBP) tumbled on...

CATEGORIES: Pound Euro Forecasts