Euro forecast - eur euro
A round up of the latest Euro forecast news items from the Currency News desk.
Pound to Euro: Subdued following Duo of Data Releases
21 Jan 2025 at 3 PM - Written by Frank Davies
STORY LINK Pound to Euro: Subdued following Duo of Data Releases
The Pound Euro (GBP/EUR) exchange rate was mostly rangebound on Tuesday as Germany released its latest Zew economic sentiment index and the UK released its latest unemployment data.
At the time of writing, the GBP/EUR was trading at around €1.1835, virtually unchanged from Tuesday’s opening levels.
On Tuesday, the Pound (GBP)...
CATEGORIES: Pound Euro Forecasts
Bank of England Decision Gets Tougher, GBP to EUR Rate Holds 1.182
21 Jan 2025 at 3 PM - Written by Frank Davies
STORY LINK Bank of England Decision Gets Tougher, GBP to EUR Rate Holds 1.182
The latest UK data has complicated the Bank of England’s policy decisions. Although it clearly suggests that the labour market is weakening, wages growth is not compatible with inflation at the 2% target.
At this stage, the consensus is that the Bank of England (BoE) will still pull the trigger and cut rates in February, but the...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Exchange Rate Unmoved as Trump Sworn in
20 Jan 2025 at 10 PM - Written by David Woodsmith
STORY LINK Pound to Euro Exchange Rate Unmoved as Trump Sworn in
The Pound Euro (GBP/EUR) exchange rate dipped on Monday despite the publication of some below forecast data from within the Eurozone.
At the time of writing, the GBP/EUR was trading at around €1.1815, down roughly 0.3% from Monday’s opening levels.
On Monday, the Euro (EUR) gained strength against most of its counterparts, even...
CATEGORIES: Pound Euro Forecasts
US Dollar Slides vs Pound, Euro as Trump Delays Tariffs Action
20 Jan 2025 at 10 PM - Written by Tim Boyer
STORY LINK US Dollar Slides vs Pound, Euro as Trump Delays Tariffs Action
The US Dollar (USD) edged lower in European trading and then posted sharp losses against the Euro (EUR) and Pound Sterling (GBP) following reports that the Trump Administration will not move to impose immediate tariffs on key trade partners.
From lows close to 1.2160, the Pound to Dollar (GBP/USD) exchange rate surged to 10-day highs...
CATEGORIES: Dollar Pound Forecasts Euro Dollar Forecasts
Pound to Euro Week Ahead Forecast: Trump Inauguration, Sterling Vulnerability
19 Jan 2025 at 6 PM - Written by David Woodsmith
STORY LINK Pound to Euro Week Ahead Forecast: Trump Inauguration, Sterling Vulnerability
Nomura notes Pound vulnerability, but it is still targeting a Pound to Euro (GBP/EUR) exchange rate to strengthen to 1.2270 at the end of 2025.
ING has shifted its forecasts and now expects GBP/EUR will weaken to 1.1765 at the end of the year.
Pound confidence dipped sharply early in the week amid a slide in UK bonds, with a jump in...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Rate Ticks Lower following UK GDP
17 Jan 2025 at 12 PM - Written by Tim Boyer
STORY LINK Pound to Euro Rate Ticks Lower following UK GDP
The Pound Euro exchange rate (GBP/EUR) drifted lower on Thursday after the UK released its latest GDP reading.
At the time of writing, the GBP/EUR was trading at around €1.1857, down roughly 0.3% from Thursday’s opening levels.
On Thursday, the Pound (GBP) struggled against most of its counterparts as the UK released its latest...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Exchange Rate Steady as UK Inflation Softens
15 Jan 2025 at 1 PM - Written by Frank Davies
STORY LINK Pound to Euro Exchange Rate Steady as UK Inflation Softens
The Pound Sterling remained steady against the Euro and US Dollar on Wednesday, as markets responded to the latest UK inflation data.
At the time of writing, Pound to Euro (GBP/EUR) exchange rate was trading around €1.1885, showing little movement from Wednesday’s opening levels.
The Pound (GBP) held its ground on Wednesday...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Remains Weighed, UK Inflation up Next
14 Jan 2025 at 9 PM - Written by Frank Davies
STORY LINK Pound to Euro Remains Weighed, UK Inflation up Next
The Pound to Euro exchange rate (GBP/EUR) continued to slip on Tuesday as the state of the UK’s bond market undermined the currency pairing.
GBP/EUR traded at around €1.1871, down roughly 0.4% from Tuesday’s opening levels.
On Tuesday, the Pound (GBP) saw a slight recovery from its recent losses, with smaller fluctuations...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Rate Drops Amid Renewed UK Bond Market Woes
14 Jan 2025 at 8 AM - Written by David Woodsmith
STORY LINK Pound to Euro Rate Drops Amid Renewed UK Bond Market Woes
The Pound Sterling slid lower vs the Euro and US Dollar on Monday as pressure mounted in the UK bond market, leading to another round of selling for government debt.
At the time of writing, the Pound to Euro (GBP/EUR) exchange rate was trading near €1.1881, down rough 0.3% from Monday’s opening levels.
The British Pound...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Forecast for Week Ahead: Buy the Dip?
12 Jan 2025 at 8 PM - Written by David Woodsmith
STORY LINK Pound to Euro Forecast for Week Ahead: Buy the Dip?
The Pound came under significant pressure during the week amid a surge in UK government bond yields and higher global yields.
The Pound to Euro exchange rate (GBP/EUR) dipped sharply to 2-month lows close to 1.1900 before a slight recovery.
The 10-year yield jumped to 16-year highs just above 4.90%, while the 30-year yield hit the...
CATEGORIES: Currency Predictions Pound Euro Forecasts