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Pound Euro forecast page 9 - GBP EUR

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

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GBP/EUR Exchange Rate Update: Pound to Euro Exchange Rate Slides on Manufacturing Sector Slowdown

1 May 2018 at 3 PM - Written by James Fuller

STORY LINK GBP/EUR Exchange Rate Update: Pound to Euro Exchange Rate Slides on Manufacturing Sector Slowdown

On Monday, the Pound to Euro exchange rate opened in the region of 1.1357 but closed higher around 1.1398. This advance was primarily caused by the Euro weakening during the day, rather than there being any especially supportive UK economic data. The only notable Pound-supporting news was a Lloyds Bank survey of UK businesses. This...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Plummets as UK GDP Misses its Mark

27 Apr 2018 at 4 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Plummets as UK GDP Misses its Mark

UK Q1 Growth at Lowest Rate in 5 Years – Pound Euro (GBP/EUR) Exchange Rate Tumbles The Pound Euro (GBP/EUR) exchange rate tumbled on Friday, encumbered by news that the UK’s economic growth estimate for Q1 2018 was substantially below estimates. According to the Office for National Statistics (ONS), the UK’s Q1 GDP growth rate...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Climbs as ECB Leaves Interest Rates on Hold

26 Apr 2018 at 3 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Climbs as ECB Leaves Interest Rates on Hold

ECB Proves Dovish – Pound Euro (GBP/EUR) Exchange Rates Tumble The Pound to Euro (GBP/EUR) exchange rate climbed on Thursday, supported by news that the European Central Bank (ECB) has left interest rates on hold at their latest meeting. The Governing Council of the ECB voted to keep interest rates at current levels, whilst also...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Exchange Rate Rises as UK Hits Historic Budget Surplus

24 Apr 2018 at 3 PM - Written by James Fuller

STORY LINK GBP/EUR Exchange Rate Rises as UK Hits Historic Budget Surplus

On Monday’s trading session, the Pound to Euro (GBP/EUR) exchange rate saw a minimal overall rise from an opening level of 1.1413 to close higher around 1.1416. There was little higher-impact UK data to boost the Pound, with the GBP/EUR exchange rate instead rising because of disappointing Eurozone PMI readings. UK news saw analysts...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Plummets as Slowing UK Inflation Knocks Bank of England (BoE) Interest Rate Hike Bets

18 Apr 2018 at 12 PM - Written by Minesh Chaudhari

STORY LINK GBP to EUR Exchange Rate Plummets as Slowing UK Inflation Knocks Bank of England (BoE) Interest Rate Hike Bets

Following weeks of solid performance in Sterling, the British Pound to Euro (GBP/EUR) exchange rate plummeted on Wednesday. Pound investors were highly concerned by Britain’s surprisingly slow March inflation rate and Bank of England (BoE) interest rate hike bets fell as markets anticipated further signals from the bank. Last week saw...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Fluctuates amid Recession Warnings for Germany

17 Apr 2018 at 3 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Fluctuates amid Recession Warnings for Germany

UK Unemployment Hits 42-Year Low – Pound (GBP) Exchange Rates Find some Support The Pound Euro (GBP/EUR) exchange rate fluctuated on Tuesday, limited initially by a below-forecast UK wage growth report but gaining later into the day on the back of recession concerns for the bloc’s largest economy. According to the Office for...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Strengthened by BoE Rate Speculation

16 Apr 2018 at 1 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Strengthened by BoE Rate Speculation

The Pound Euro (GBP/EUR) exchange rate is trending higher today as markets focus on upcoming UK data and its possible impact on the Bank of England’s (BoE) monetary policy. Pound (GBP) Buoyed by BoE rate Expectations The Pound is pushing higher against the Euro this morning as expectations of an interest rate hike from the BoE next...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Exchange Rate Rises 0.5% as European Central Bank (ECB) Accounts Devalue Euro

12 Apr 2018 at 3 PM - Written by Toni Johnson

STORY LINK GBP/EUR Exchange Rate Rises 0.5% as European Central Bank (ECB) Accounts Devalue Euro

On Wednesday, the Pound to Euro exchange rate fluctuated but ultimately closed down slightly lower than its opening level. The GBP/EUR exchange rate opened in the region of 1.1470 on Wednesday morning, later falling to a marginally lower range of 1.1467 by the evening. The day’s UK data was negative for the most part, showing among...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Exchange Rate Update: Pound to Euro Advance Seen after UK Manufacturing PMI Rises

3 Apr 2018 at 5 PM - Written by John Cameron

STORY LINK GBP/EUR Exchange Rate Update: Pound to Euro Advance Seen after UK Manufacturing PMI Rises

Last week, the Pound to Euro (GBP/EUR) exchange rate opened in the region of 1.1447 and late closed down lower around 1.1371. This overall week-long deterioration was due to disappointing UK GDP growth rate data, which indicated that the country was the only major developed nation to see slowing growth in 2017. As well as GDP data...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Fluctuating Ahead of Thursday?s Key UK and Eurozone Datasets

28 Mar 2018 at 4 PM - Written by Frank Davies

STORY LINK GBP to EUR Exchange Rate Fluctuating Ahead of Thursday?s Key UK and Eurozone Datasets

Hopes that the UK government was closer to finding a solution to the persistent issue of the Irish border post-Brexit was not enough to help the British Pound to Euro (GBP/EUR) exchange rate to sustain gains on Wednesday. The pair instead fluctuated ahead of Thursday’s key datasets. Due to end of quarter fixings and mixed market...

CATEGORIES: Pound Euro Forecasts

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