Pound Euro forecast page 9 - GBP EUR
A round up of the latest Pound Euro forecast news items from the Currency News desk.
LIVE EXCHANGE RATE |
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Pound Euro Rate » |
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Pound to Euro Forecast: Heading for 1.1235, say Danske Bank
1 Nov 2023 at 6 PM - Written by John Cameron
STORY LINK Pound to Euro Forecast: Heading for 1.1235, say Danske Bank
According to Danske Bank, the Pound Sterling (GBP) is forecast to hit 1.1235 against the Euro (EUR) in the coming year. “We continue to forecast EUR/GBP to move modestly higher the coming year to 0.89 [1.1235 for GBP/EUR] on the UK economy performing relatively worse than the euro area," said the currency analysts. In contrast,...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Forecast: 1.1235 in Twelve Months, say Danske
29 Oct 2023 at 8 AM - Written by Ben Hughes
STORY LINK Pound to Euro Forecast: 1.1235 in Twelve Months, say Danske
GBP/EUR Exchange Rate: Both Currencies Plagued by Weak Fundamentals Foreign currency experts at Danske Bank expect that the Pound to Euro (GBP/EUR) exchange rate will weaken to 1.1235 on a 12-month view. HSBC is bearish on the UK fundamentals, but considers that the Euro will perform even worse. In this context, it expects...
CATEGORIES: Pound Euro Forecasts
Pound Euro Rate Today: Sterling Rallies to 1.1500
26 Oct 2023 at 5 PM - Written by James Fuller
STORY LINK Pound Euro Rate Today: Sterling Rallies to 1.1500
GBP/EUR Exchange Rate Pushes Through 1.1500 as Markets Debate UK and Euro-Zone Recession Threats The Euro and Pound both remain under threat due to a lack of confidence in the Euro-Zone and UK economies respectively. The Pound to Euro (GBP/EUR) exchange rate dipped to lows at 1.1450 on Thursday before rallying to near 1.1500 after...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Exchange Rate Forecast: Buy at 1.1495 say Rabobank
25 Oct 2023 at 12 PM - Written by John Cameron
STORY LINK Pound to Euro Exchange Rate Forecast: Buy at 1.1495 say Rabobank
GBP/EUR: Recovery Triggered by Euro-Zone Recession Fears The latest Euro-Zone and UK business confidence data has maintained a lack of confidence in the outlook for both areas. There is, however, likely to be increased concerns that the ECB has already tightened too much, increasing recession fears and raising fresh speculation that...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Exchange Rate: Recovery from 5-Month Lows
23 Oct 2023 at 12 PM - Written by James Fuller
STORY LINK Pound to Euro Exchange Rate: Recovery from 5-Month Lows
Pound Euro Closes in on 1.1500 After posting 5-month lows at 1.1440, the Pound to Euro exchange rate has rebounded to near 1.1500 Geo-political developments and Middle East tensions, together with the relative outlook for major economies, will be key elements during the week. MUFG commented; “If the geopolitical landscape...
CATEGORIES: Pound Euro Forecasts
Pound Euro Rate Forecast: Buy GBP Below 1.15 say Rabobank
22 Oct 2023 at 10 PM - Written by David Woodsmith
STORY LINK Pound Euro Rate Forecast: Buy GBP Below 1.15 say Rabobank
Currency analysts at Rabobank consider that Euro and Pound Sterling fundamentals are both vulnerable, but see a case for buying the Pound to Euro (GBP/EUR) exchange rate below 1.1500. At the time of writing, the Pound Euro rate was trading at 1.14815. Danske Bank, however, expects losses to 1.1365 on a 12-month view. Here are...
CATEGORIES: Pound Euro Forecasts
Pound to Euro: Sterling Slips to 5-Month Lows vs EUR
20 Oct 2023 at 12 PM - Written by John Cameron
STORY LINK Pound to Euro: Sterling Slips to 5-Month Lows vs EUR
The Pound Sterling (GBP) has been on the defensive against the Euro (EUR) and US Dollar (USD) during the past 24 hours with vulnerability on domestic and global grounds. Domestically, ING commented; “We saw some rather soft UK numbers this morning. Weak retail sales and a noticeable drop in consumer confidence, though both are among...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Forecast: GBP/EUR at 1.1365 Next Year say Danske Bank
19 Oct 2023 at 11 AM - Written by John Cameron
STORY LINK Pound to Euro Forecast: GBP/EUR at 1.1365 Next Year say Danske Bank
Surge in US Bond Yields and Slide in Equities Squeeze Pound Weaker, GBP/EUR Exchange Rate Hits 3-Week Lows The Pound came under pressure on Wednesday with an important impact from the sell-off in US Treasuries and higher bond yields. Overall risk conditions were also weaker which undermined the UK currency, especially with sharp...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Exchange Rate: Close to Three-Week Low
18 Oct 2023 at 11 AM - Written by John Cameron
STORY LINK Pound to Euro Exchange Rate: Close to Three-Week Low
Pound to Euro (GBP/EUR) Exchange Rate Closes in on Three-Week Lows The Pound to Dollar (GBP/USD) exchange rate found support near 1.2130 on Tuesday and rallied to above 1.2200 as the dollar retreated. Reaction to the slightly higher-than-expected UK inflation data was muted with an initial blip higher reversing quickly and GBP/USD...
CATEGORIES: Pound Euro Forecasts