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Pound Euro forecast page 6 - 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 Fluctuates amid Hawkish Remarks from BoE Ramsden

26 Feb 2018 at 4 PM - Written by Minesh Chaudhari

BoE Deputy Governor Ramsden Points to Earlier-than-Expected Rate Hike – GBP/EUR Exchange Rate Climbs The Pound Euro (GBP/EUR) exchange rate fluctuated on Monday, surging in the morning as markets reacted to hawkish comments from Bank of England (BoE) Deputy Governor Dave Ramsden, before suddenly paring recent gains into the afternoon....

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Pound Euro (GBP/EUR) Exchange Rate Down as UK GDP and Business Investment Readings Disappoint

22 Feb 2018 at 1 PM - Written by Minesh Chaudhari

UK Growth Revised Down – Pound Euro (GBP/EUR) Exchange Rate Slides The Pound Euro (GBP/EUR) exchange rate fell on Thursday, limited by news that the British economy has grown at a steadier rate than anticipated in recent months. According to readings from the Office for National Statistics the UK’s GDP growth slipped to 0.4% in the...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Sheds Weekly Gains as UK Unemployment Rises

21 Feb 2018 at 4 PM - Written by Ben Hughes

A disappointing UK job market report left the British Pound to Euro (GBP/EUR) exchange rate weaker on Wednesday, causing the pair to shed most of Tuesday’s gains. Bank of England (BoE) interest rate hike bets were dampened by news that Britain’s unemployment rate had unexpectedly risen. After last week only saw GBP/EUR edge slightly...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Surges on Reports that the EU could give the UK Privileged Access to the Single Market

20 Feb 2018 at 5 PM - Written by Toni Johnson

European Parliament Prepares to Give the UK Single Market Access Post-Brexit – GBP Exchange Rates Surge The Pound Euro (GBP/EUR) exchange rate surged on Tuesday, supported by reports that the EU is preparing to negotiate bespoke, ‘privileged’ single market access for Britain post-Brexit. According to a source close to EU...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Softens After Underwhelming January UK Retail Sales

16 Feb 2018 at 10 AM - Written by Frank Davies

As January’s UK retail sales data fell short of forecast the mood of the Pound Euro (GBP EUR) exchange rate remained rather bearish. Although sales still saw a rebound on the month, reversing some of December’s sharp -1.6% contraction, this was not enough to encourage investors. With consumer spending failing to lift as markets had...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Holds Steady as US Inflation Beats Expectations

14 Feb 2018 at 4 PM - Written by John Cameron

US Inflation Smashes Forecasts – GBP/EUR Exchange Rate Gains Support The Pound Euro (GBP/EUR) exchange rate proved resilient on Wednesday, capitalising on the highly anticipated US inflation readings and the drop in demand for the Euro that ensued. The year-on-year US consumer price index (CPI) reading printed at 2.1% in January,...

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GBP/EUR Exchange Rate Drops on Uncertainty about BoE’s Interest Rate Outlook

9 Feb 2018 at 11 AM - Written by Ben Hughes

On Thursday’s trading session, the Pound to Euro exchange rate saw an overall advance from 1.1314 to a higher rate of 1.1365 in the evening. This closing figure was not the best daily rate, however – at the height of trading, the GBP/EUR exchange rate hit a high of 1.1442. Trader Concerns about BoE Interest Rate Decision Bring...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Exchange Rate Stumbles as UK Service Sector See Dramatic Slowdown

5 Feb 2018 at 2 PM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate has stumbled this morning as the UK’s latest Services PMI came in well below expectations. Pound (GBP) Weakened by Slowdown in Service Sector Sterling has been put on the back foot this morning, following the release of the UK’s latest Services PMI. According to data compiled and published...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Softens as UK Construction Sector Threatens to Stagnate

2 Feb 2018 at 9 AM - Written by David Woodsmith

Ahead of the weekend the Pound Euro (GBP EUR) exchange rate struggled to find any particular traction, with Brexit-based jitters continuing to limit Sterling demand. While Thursday’s UK manufacturing PMI was not overly encouraging on the surface, however, the Pound managed to largely shrug off any negative impact from the data. With...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Holds its Ground Ahead of BoE Comments

30 Jan 2018 at 1 PM - Written by Frank Davies

The Eurozone economy continued to impress with its fourth quarter gross domestic product data, leaving the Pound Euro (GBP EUR) exchange rate under pressure on Tuesday morning. While the Spanish growth rate moderated somewhat its economy still performed strongly over the course of 2017, largely shrugging off the disruption of the Catalan...

CATEGORIES: Pound Euro Forecasts