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

Pound to Euro Rate End-of-Year Forecast: Steady Path to 1.25 in 2025

22 Dec 2024 at 11 AM - Written by David Woodsmith

STORY LINK Pound to Euro Rate End-of-Year Forecast: Steady Path to 1.25 in 2025

Foreign exchange strategists at HSBC forecast that the Pound to Euro (GBP/EUR) exchange rate will strengthen steadily to 1.25 at the end of 2025. Nordea, however, expects that GBP/EUR will slide to 1.1365 at the end of next year. GBP/EUR fleetingly hit a 33-month best at 1.2160 during the week before a sharp retreat to around...

CATEGORIES: Currency Predictions Pound Euro Forecasts

BoE Interest Rate Decision Dents Pound Euro Exchange Rate Outlook

20 Dec 2024 at 9 AM - Written by Ben Hughes

STORY LINK BoE Interest Rate Decision Dents Pound Euro Exchange Rate Outlook

The Pound Euro exchange rate (GBP/EUR) edged lower on Thursday following the Bank of England’s (BoE) December interest rate decision. On Thursday, the Pound (GBP) lost ground against most of its major trading partners following the Bank of England's latest interest rate announcement. As expected, the central bank kept interest...

CATEGORIES: Pound Euro Forecasts

Pound Sterling Dips Against Euro and Dollar on Surprise BoE Vote Split

20 Dec 2024 at 9 AM - Written by David Woodsmith

STORY LINK Pound Sterling Dips Against Euro and Dollar on Surprise BoE Vote Split

A narrower-than-expected Bank of England (BoE) vote in favour of holding interest rates at 4.75%, triggered a Pound sell-off on Thursday. The Pound was also undermined overnight by wider dollar gains. A hawkish Fed statement had help cut market expectations of a February BoE cut to below 50%, but this was reversed after the BoE...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Flat following CPI Releases

19 Dec 2024 at 10 AM - Written by David Woodsmith

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Flat following CPI Releases

The Pound Euro (GBP/EUR) exchange rate was mostly muted on Wednesday following the release of the UK’s and the Eurozone’s latest inflation readings. On Wednesday, the Pound (GBP) held steady following the release of the UK's latest consumer price index (CPI) figures. The headline inflation rate for November ticked up from 2.3%...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Exchange Rate Retakes 1.21

18 Dec 2024 at 9 AM - Written by Frank Davies

STORY LINK Pound to Euro Exchange Rate Retakes 1.21

The Pound Euro (GBP/EUR) exchange rate drifted higher on Tuesday following the release of the UK’s latest jobs data. On Tuesday, the Pound (GBP) saw gains against most of its major counterparts following the release of the UK's latest employment figures. The unemployment rate for the three months to October matched market...

CATEGORIES: Pound Euro Forecasts

GBP to Euro Exchange Rate Ticks Up following UK and Eurozone PMI Data

17 Dec 2024 at 11 AM - Written by David Woodsmith

STORY LINK GBP to Euro Exchange Rate Ticks Up following UK and Eurozone PMI Data

The Pound vs Euro exchange rate (GBP/EUR) drifted higher on Monday following the publication of both the UK’s and the Eurozone’s preliminary PMI data for December. On Monday, the Pound (GBP) strengthened against most of its peers after the release of the UK's preliminary PMI data for December. The report showed that the UK's...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Rebounds as UK Inflation Pressures Trump Business Fears

16 Dec 2024 at 12 PM - Written by David Woodsmith

STORY LINK Pound to Euro Rate Rebounds as UK Inflation Pressures Trump Business Fears

The Pound to Euro exchange rate (GBP/EUR) dipped to 2-week lows just above 1.2000 on Monday before a recovery to 1.2040 after the latest round of data releases. UK business confidence data was uninspiring at best, but evidence of upward pressure on prices reinforced expectations of a cautious Bank of England stance which helped support...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Forecast for Week Ahead: Make or Break for Sterling Rates

15 Dec 2024 at 11 AM - Written by Frank Davies

STORY LINK Pound to Euro Rate Forecast for Week Ahead: Make or Break for Sterling Rates

Goldman Sachs forecasts that the Pound to Euro exchange rate (GBP/EUR) will strengthen to 1.2660 at the end of 2025. SocGen expects near-term GBP/EUR gains before a steady retreat to 1.1765 by the end of 2025. GBP/EUR hit a 33-month high at 1.2150 during the week before a sharp retreat to 1.2025. The ECB cut interest rates by 25...

CATEGORIES: Currency Predictions Pound Euro Forecasts

European Interest Rate Cuts Continue, Pound to Euro Rate Near Multi Year Highs

13 Dec 2024 at 10 AM - Written by David Woodsmith

STORY LINK European Interest Rate Cuts Continue, Pound to Euro Rate Near Multi Year Highs

The ECB and Swiss interest rate cuts maintained underlying demand for the Pound, although there was also an element of profit taking on short Euro positions which capped Pound buying. The Pound to Euro (GBP/EUR) exchange rate traded around 1.2140 and close to the 33-month high just above 1.2155 recorded on Wednesday. The Pound to...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate on the Defensive Following ECB Rate Cut

13 Dec 2024 at 9 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate on the Defensive Following ECB Rate Cut

The Pound Euro (GBP/EUR) exchange rate trended broadly lower on Thursday following the release of the European Central Bank’s (ECB) latest interest rate decision. At the time of writing, the GBP/EUR was trading at around €1.2108, down roughly 0.3% from Thursday’s opening levels. Euro (EUR) Firms Following ECB Rate...

CATEGORIES: Pound Euro Forecasts

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