A round up of the latest Pound Euro forecast news items from the Currency News desk.
LIVE EXCHANGE RATE | 09:39:26 | Pound Euro Rate » | |||
GBP/EUR | +0 | Days Low | Days High | Last Daily | |
1.18502 | +0% | 1.18502 | 1.18502 | 1.18502 |
Pound to Euro Exchange Rate Today: GBP Lower as UK GDP Misses Forecasts
13 Sep 2024 at 9 AM - Written by John Cameron
STORY LINK Pound to Euro Exchange Rate Today: GBP Lower as UK GDP Misses Forecasts
The Pound Euro (GBP/EUR) exchange rate edged lower on Wednesday following the UK’s latest GDP release. At the time of writing GBP/EUR was trading at €1.1847, down approximately 0.2% from Wednesday’s opening rate. The Pound (GBP) faced a downturn following the release of the UK's GDP figures on Wednesday. Contrary to the...
CATEGORIES: Pound Euro Forecasts
Pound Euro Exchange Rate Stable following ECB Interest Rate Decision
13 Sep 2024 at 9 AM - Written by John Cameron
STORY LINK Pound Euro Exchange Rate Stable following ECB Interest Rate Decision
Pound Euro Exchange Subdued following ECB Rate Cut The Pound Euro (GBP/EUR) exchange rate treaded water on Thursday following the European Central Bank’s (ECB) latest interest rate decision. At the time of writing, the GBP/EUR was trading at around €1.1830, virtually unchanged from Thursday’s opening levels. Euro (EUR) Ticks Up...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Rate Ticks Up following UK Jobs and German CPI Data
11 Sep 2024 at 7 AM - Written by John Cameron
STORY LINK Pound to Euro Rate Ticks Up following UK Jobs and German CPI Data
The Pound Euro (GBP/EUR) exchange rate edged higher on Tuesday following the publication of the UK’s latest employment data alongside Germany’s finalised inflation reading. The Pound (GBP) drifted higher against most major currencies on Tuesday following the release of the UK's latest labor market data. The unemployment rate...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Outlook: GBP Eye November BoE Rate Cut, EUR Waits ECB Call
11 Sep 2024 at 7 AM - Written by David Woodsmith
STORY LINK Pound to Euro Outlook: GBP Eye November BoE Rate Cut, EUR Waits ECB Call
There was choppy Pound trading after the latest UK jobs data, but the Pound to Euro (GBP/EUR) exchange rate settled with a small gain to 1.1855. ING expects strong GBP/EUR resistance close to 1.19. There are very strong expectations that the Bank of England (BoE) and ECB will cut interest rates again before the end of this...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Exchange Rate News: GBP/EUR Wavers amid Lull in Data
9 Sep 2024 at 5 PM - Written by John Cameron
STORY LINK Pound to Euro Exchange Rate News: GBP/EUR Wavers amid Lull in Data
The Pound Euro (GBP/EUR) exchange rate moved without a clear direction on Monday despite a prevailing risk-off market mood. At the time of writing GBP/EUR was trading at €1.1841, virtually unchanged from Monday’s opening rate. The Pound (GBP) experienced a slight decline on Monday amidst a globally cautious trading atmosphere....
CATEGORIES: Pound Euro Forecasts
Pound to Euro Week Ahead Forecast: ECB Tipped to Cut This Week
8 Sep 2024 at 12 PM - Written by John Cameron
STORY LINK Pound to Euro Week Ahead Forecast: ECB Tipped to Cut This Week
MUFG expects the Pound to Euro (GBP/EUR) exchange rate to edged lower to 1.17 by the second quarter of 2025. In contrast, Barclays expects resistance levels will eventually break with the potential for GBP/EUR to strengthen to 1.21 over the medium term. GBP/EUR was held in relatively tight ranges during the week, but drifted lower...
CATEGORIES: Pound Euro Forecasts
Pound to Euro End of Week Forecast: GBP/EUR Wavers Despite Surprise German Factory Growth
6 Sep 2024 at 8 AM - Written by John Cameron
STORY LINK Pound to Euro End of Week Forecast: GBP/EUR Wavers Despite Surprise German Factory Growth
The Pound Euro (GBP/EUR) exchange rate faced fluctuations on Thursday, despite positive economic releases from the Eurozone. At the time of writing, GBP/EUR was trading at €1.1859, virtually unchanged from the session's opening levels. The Pound (GBP) struggled to attract investor interest on Thursday, with a sparse UK economic...
CATEGORIES: Pound Euro Forecasts
Pound Euro Exchange Rate Holds Steady Following PMI Releases
5 Sep 2024 at 7 AM - Written by John Cameron
STORY LINK Pound Euro Exchange Rate Holds Steady Following PMI Releases
The Pound Euro (GBP/EUR) exchange rate experienced minimal movement on Wednesday following the release of the UK’s and Eurozone’s finalised services PMIs. At the time of writing, the GBP/USD was trading at around $1.3134, virtually unchanged from Tuesday’s opening levels. The Pound managed to maintain its position against most...
CATEGORIES: Pound Euro Forecasts
Pound to Euro: Rangebound
4 Sep 2024 at 8 AM - Written by John Cameron
STORY LINK Pound to Euro: Rangebound
The Pound Euro (GBP/EUR) remained mostly unchanged on Tuesday after the release of the latest retail sales monitor by the British Retail Consortium. At the time of writing, the GBP/USD was trading at around $1.3134, virtually unchanged from Tuesday’s opening levels. Pound (GBP) Supported by Data Release The Pound (GBP) firmed...
CATEGORIES: Pound Euro Forecasts
Pound Euro Exchange Rate Outlook: GBP/EUR Slips despite Downbeat Eurozone PMI
3 Sep 2024 at 10 AM - Written by John Cameron
STORY LINK Pound Euro Exchange Rate Outlook: GBP/EUR Slips despite Downbeat Eurozone PMI
The Pound Euro (GBP/EUR) exchange rate fell Monday despite news of improving manufacturing activity in the UK. At the time of writing, GBP/EUR was trading at €1.1867, down approximately 0.2% from Monday’s opening rate. The Pound (GBP) struggled to climb higher on Monday despite the publication of an upbeat British manufacturing...
CATEGORIES: Pound Euro Forecasts