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Pound Euro forecast page 7 - GBP EUR

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

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GBP to EUR Exchange Rate Advances Limited by Brexit Uncertainties

12 Mar 2018 at 5 PM - Written by Ben Hughes

Following some late-week advances last Friday, the British Pound to Euro (GBP/EUR) exchange rate appeared to continue its advance during Monday’s European session. While the Euro was under pressure, uncertainties about the Brexit process kept a cap on Sterling gains and this is likely to continue. Last week saw GBP/EUR mostly trending...

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GBP to EUR Exchange Rate Fluctuates Near Three-Month-Low on Post-Brexit Trade Uncertainties

7 Mar 2018 at 5 PM - Written by David Woodsmith

Market concerns about a disagreement between the UK and EU on Brexit negotiation stances weighed heavily on the British Pound to Euro (GBP/ER) exchange rate on Wednesday, but the pair held above its worst weekly levels despite this. So far this week, mixed demand for the Pound and a lack of reasons to buy the Euro has left GBP/EUR largely...

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GBP/EUR Exchange Rate Under Pressure as Brexit Concerns Grow

27 Feb 2018 at 2 PM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate is edging slightly lower this afternoon as the shadow of Brexit continues to hang over the UK currency. Pound (GBP) Pressured by Brexit Uncertainty Sterling sentiment came under pressure during today’s session as growing Brexit Uncertainty once again began to drag on the UK currency. GBP...

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GBP to EUR Exchange Rate Pressured by Better Than Forecast Eurozone Ecostats

27 Feb 2018 at 1 PM - Written by Toni Johnson

Amid a lack of supportive UK data and a slightly stronger Euro on Tuesday, the British Pound to Euro (GBP/EUR) exchange rate has slipped. The Euro has been supported by stronger than expected Eurozone data, but political uncertainties have limited the shared currency’s gains. A stronger Pound helped the GBP/EUR exchange rate climb from...

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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...

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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...

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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,...

CATEGORIES: Pound Euro Forecasts