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Pound Euro Forecast Directory - Page #97

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

Pound to Euro Forecast: Scope to Rise to 1.1765 say ANZ

12 Oct 2023 at 12 PM - Written by John Cameron

STORY LINK Pound to Euro Forecast: Scope to Rise to 1.1765 say ANZ

Foreign exchange strategists at ANZ maintain a positive stance on the Pound to Euro (GBP/EUR) exchange rate, primarily due to expectations that the Euro-Zone will underperform the UK with heightened recession risks. It sees scope for GBP/EUR to strengthen to 1.1765. In contrast, MUFG expects that GBP/EUR will weaken to 1.1235 on a...

CATEGORIES: Pound Euro Forecasts Pound Sterling Forecasts

Pound Euro Exchange Rate News: GBP/EUR Wavers on Hawkish ECB rate Hike

15 Jun 2023 at 4 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Wavers on Hawkish ECB rate Hike

Euro (EUR) Buoyed by Prospect of Further Tightening The Euro (EUR) enjoyed modest gains on Thursday in the wake of the European Central Bank (ECB) opting to meet market expectations and raise the interest rate for the eighth consecutive meeting. The cash rate now sits at 4%, the highest level since the financial crisis of 2008. Despite...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Narrows amid Mixed UK GDP Analysis

14 Jun 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Narrows amid Mixed UK GDP Analysis

Pound Euro (GBP/EUR) Exchange Rate Narrows amid Mixed UK GDP Analysis The Pound Euro (GBP/EUR) exchange rate traded within narrow boundaries during Wednesday’s session, following the latest UK GDP data. At the time of writing, GBP/EUR traded at around €1.170, showing little deviation from Wednesday’s opening rates. Pound...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Fluctuated amid Stronger-than-Expected UK Wage Growth

13 Jun 2023 at 3 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Fluctuated amid Stronger-than-Expected UK Wage Growth

Pound (GBP) Boosted by Persistently Tight Labour Market The Pound (GBP) found modest success against most of its rivals on Tuesday in the wake of strong labour market data. Against expectations of an uptick in unemployment, and modest wage growth, the data surprised to the upside and pointed to a hotter-than-expected labour market. With...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Dips despite Elevated BoE Rate Hike Bets

12 Jun 2023 at 11 AM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Dips despite Elevated BoE Rate Hike Bets

Pound Euro (GBP/EUR) Exchange Rate Dips despite Elevated BoE Rate Hike Bets The Pound Euro (GBP/EUR) exchange rate weakened on Monday, despite GBP investors upping their bets on further rate hikes from the Bank of England (BoE). At the time of writing, GBP/EUR traded at around €1.1679, a fall of just over 0.2% from Monday’s...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Rangebound amid EU Recession Confirmation

8 Jun 2023 at 11 AM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Rangebound amid EU Recession Confirmation

Pound Euro (GBP/EUR) Exchange Rate Rangebound amid EU Recession Confirmation The Pound Euro (GBP/EUR) exchange rate traded within narrow boundaries on Thursday, as a downward EU GDP revision pointed to a recession in the bloc. At the time of writing, GBP/EUR traded at around €1.1618, showing little movement from Thursday’s opening...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Narrows amid Mixed German Industrial Data

7 Jun 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Narrows amid Mixed German Industrial Data

Pound Euro (GBP/EUR) Exchange Rate Narrows amid Mixed German Industrial Data The Pound Euro (GBP/EUR) exchange rate fluctuated on Wednesday, as a mixed set of German industrial data prevented the common currency from gaining firm ground. At the time of writing, GBP/EUR traded at around €1.1626, showing little clear movement from...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Trades Narrowly as Eurozone Retail Sales Stagnate

6 Jun 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Trades Narrowly as Eurozone Retail Sales Stagnate

Pound Euro (GBP/EUR) Exchange Rate Rangebound as Risk Appetite Remains Cautious The Pound Euro (GBP/EUR) exchange rate trended sideways on Tuesday. The pairing was underpinned by disappointing data for the Eurozone’s retail sector and Germany’s factory orders. Softening inflation expectations also limited GBP/EUR’s downturn....

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Dips as Thin Data Calendar Blights GBP

5 Jun 2023 at 11 AM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Dips as Thin Data Calendar Blights GBP

Pound Euro (GBP/EUR) Exchange Rate Dips as Thin Data Calendar Blights GBP The Pound Euro (GBP/EUR) exchange rate weakened on Monday, as a lack of key data releases sapped sentiment towards Sterling. At the time of writing, GBP/EUR traded at around €1.1589, a fall of around 0.3% from Monday’s opening rates. Pound (GBP)...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Wavered as Eurozone Inflation Softened to 6.1%

1 Jun 2023 at 11 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Wavered as Eurozone Inflation Softened to 6.1%

Euro (EUR) Undermined by Slashed Rate Hike Bets The Euro (EUR) experienced mixed success on Thursday morning in the wake of softer-than-expected inflation reading for May. The annual Harmonised Index of Consumer Prices (HICP) slipped to 6.1% in May, from 7% in April and below expectations of 6.3%. The level reached the lowest rate since...

CATEGORIES: Pound Euro Forecasts

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