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Pound Euro Forecast Directory - Page #95

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

The Pound to Euro: Rate Tipped to 1.1500 on Tax Talk say ING

21 Nov 2023 at 1 PM - Written by Tim Boyer

Foreign exchange analysts see scope for Pound Sterling gains against the Euro in the short-term outlook. At the time of writing, the Pound to Euro exchange rate was trading at 1.1451. Monetary and fiscal policy both have scope to provide limited net British Pound support in the near term. Markets are confident that there will be...

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Pound to Euro Forecast: 1.1235 in 12 Month Outlook, say Danske

19 Nov 2023 at 1 PM - Written by John Cameron

Danske Bank forecasts the British Pound to weaken to 1.1235 against the US Dollar in a year, with JP Morgan expecting the GBP/EUR rate to remain at 1.1500 by September 2024. Market expectations of BoE rate cuts, following lower UK inflation and retail data, have led to a bearish view on the Pound. The BoE is anticipated to cut...

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The Pound to Euro: Forecast to Weaken, but Fall "Will be Slow" says Socgen

16 Nov 2023 at 9 PM - Written by David Woodsmith

UK Inflation Data Cements BoE Rate-Cut Expectations, GBP/EUR Slides to 6-Month Lows The Pound to Euro (GBP/EUR) exchange rate has slipped to fresh 6-month lows just below 1.1410 before a recovery to 1.1425. Pound Sterling lost ground following Wednesday’s inflation data and has been unable to regain territory in European trading...

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Pound to Euro Forecast: 1.15 Ceiling for Sterling say ING Strategists

15 Nov 2023 at 2 PM - Written by Ben Hughes

GBP/EUR Exchange Rate Held Below 1.1500, UK Inflation Slide Reinforces BoE Rate-Cut Expectations The Pound to Euro (GBP/EUR) exchange rate hit resistance just above 1.1500 on Tuesday and it drifted lower on Wednesday as the larger-than-expected decline in inflation reinforced expectations that the next Bank of England move would be to...

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Euro to Pound Sterling Forecast: "Scope for Move Below 0.87" say Rabobank

14 Nov 2023 at 2 PM - Written by John Cameron

GBP/EUR Exchange Rate: Tentative Recovery from 6-Month Lows After UK Wages Data The Pound to Euro (GBP/EUR) exchange rate continued to recover from 6-month lows on Monday with a peak just above 1.1480. GBP/EUR also touched 1.1490 after the UK wages data, but failed to hold the gains and settled just above 1.1475. Rabobank...

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Pound to Euro Rate Week-Ahead Forecast: "Big Week for Sterling"

13 Nov 2023 at 12 PM - Written by David Woodsmith

GBP/EUR Exchange Rate: Recovers Slightly from 6-Month Lows Ahead of Major UK Data releases The pound-to-euro exchange rate (GBP/EUR) slipped to 6-month lows near 1.1420 on Friday before a tentative recovery to 1.1450 on Monday. The media will focus on politics after Prime Minister sacked Home Secretary Braverman, but economic data...

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Pound to Euro Forecast: Further Sterling Losses Ahead say SocGen Techs

11 Nov 2023 at 7 AM - Written by John Cameron

UK GDP Data Fails to Impress Pound Sterling, GBP/EUR Exchange Rate Slides to Near 6-Month Lows Although there was slight relief that the UK managed to avoid a negative GDP figure for the third quarter, the data pointed to persistent stagnation and the Pound Sterling (GBP) failed to draw any support. Overall risk appetite has also...

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Pound to Euro Rate: Forecast at 1.1765 in Three Months say Natwest

5 Nov 2023 at 10 AM - Written by John Cameron

GBP/EUR Exchange Rate: Economic Performance to Dominate Foreign exchange analysts at NatWest take a positive on the outlook for the Pound Sterling (GBP) against the Euro (EUR) and see scope for the British currency to strengthen to 1.1765 on a 3-month view. According to Danske Bank, however, the Pound-to-Euro exchange rate will...

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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

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,...

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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...

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