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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.

LIVE EXCHANGE RATE 08:22:47 Pound Euro Rate »
GBP/EUR +0 Days Low Days High Last Daily
1.17181 +0.19% 1.16962 1.17235 1.16964

Pound to Euro Forecast: Heading for 1.1235, say Danske Bank

1 Nov 2023 at 6 PM - Written by John Cameron

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

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

Foreign Exchange Rates: Middle East Fears to Dominate Pound vs Euro and Dollar

27 Oct 2023 at 11 AM - Written by John Cameron

Position Adjustment and Middle East Fears Will Dominate Short-Term Pound and Euro Exchange Rate Moves Against the Dollar Position adjustment will be a key element during Friday on both geo-political and economic grounds. Overall risk conditions have remained vulnerable with further losses in equities on Thursday. There will be...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

Pound Euro Rate Today: Sterling Rallies to 1.1500

26 Oct 2023 at 5 PM - Written by James Fuller

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

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

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

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

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

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

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