Euro forecast - eur euro
A round up of the latest Euro forecast news items from the Currency News desk.
GBP to EUR Exchange Rate Outlook: Pound-Euro Ticks Up following UK Inflation
21 Nov 2024 at 9 AM - Written by John Cameron
STORY LINK GBP to EUR Exchange Rate Outlook: Pound-Euro Ticks Up following UK Inflation
The Pound Euro (GBP/EUR) exchange rate edged up on Wednesday following the publication of the UK’s latest consumer price index (CPI).
At the time of writing, the GBP/EUR was trading at around €1.2007, up roughly 0.3% from Wednesday’s opening levels.
The Pound (GBP) experienced a modest rally against most of its counterparts on...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Exchange Rate Today: Subdued
20 Nov 2024 at 9 AM - Written by John Cameron
STORY LINK Pound to Euro Exchange Rate Today: Subdued
The Pound Euro (GBP/EUR) exchange rate traded largely flat on Tuesday following the publication of the Eurozone’s latest inflationary data release.
At the time of writing, the GBP/EUR was trading at around €1.1970, virtually unchanged from Tuesday’s opening levels.
The Euro (EUR) weakened against most of its counterparts on...
CATEGORIES: Pound Euro Forecasts
Pound Euro (GBP/EUR) Exchange Rate Bounces off 12-Week Low
18 Nov 2024 at 5 PM - Written by Tim Boyer
STORY LINK Pound Euro (GBP/EUR) Exchange Rate Bounces off 12-Week Low
The Pound Euro (GBP/EUR) exchange rate fell to a 12-day low on Monday morning, before regaining some losses, amid a souring market mood.
The Pound (GBP) initially faced challenges on Monday, slipping against safer peers as a deteriorating market mood weighed on the increasingly risk-sensitive currency.
Meanwhile, certain UK economic...
CATEGORIES: Pound Euro Forecasts
Big Week for European Economies, Pound to Euro Rate Retreats
18 Nov 2024 at 5 PM - Written by David Woodsmith
STORY LINK Big Week for European Economies, Pound to Euro Rate Retreats
The Pound has continued to lose ground on Monday with the Pound to Euro (GBP/EUR) exchange rate dipping to 20-day lows below 1.1950.
ING expects a firm GBP/EUR tone on near-term central bank divergence; “we see any dovish repricing in BoE expectations coming after a December outsized ECB cut.”
Dollar developments and...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Rate Week Ahead Forecast: Downside Risks to Medium-Term Outlook
17 Nov 2024 at 2 PM - Written by Frank Davies
STORY LINK Pound to Euro Rate Week Ahead Forecast: Downside Risks to Medium-Term Outlook
The near-term Pound Sterling outlook against the Euro continues to be vulnerable to Trump-based volatility.
The global backdrop is likely to have a major influence on the Pound to Euro exchange rate (GBP/EUR) in the coming days and weeks.
RBC Capital Markets have made sharp revisions to its forecasts in the latest update as it...
CATEGORIES: Pound Euro Forecasts
Pound Euro Exchange Rate Subdued amid ‘Trump Trade’
17 Nov 2024 at 2 PM - Written by David Woodsmith
STORY LINK Pound Euro Exchange Rate Subdued amid ‘Trump Trade’
The Pound Euro (GBP/EUR) exchange rate traded sideways on Thursday as ‘Trump trade’ weighed on both currencies, with the Republican Party retaining control of the House of Representatives.
At the time of writing, GBP/EUR traded at €1.2021, virtually unchanged from the start of the session.
The British Pound (GBP) had a...
CATEGORIES: Pound Euro Forecasts
Euro to Dollar Exchange Rate Tests 1.05
17 Nov 2024 at 2 PM - Written by David Woodsmith
STORY LINK Euro to Dollar Exchange Rate Tests 1.05
Instead of confirming a December cut was likely, Powell has introduced uncertainty.
The odds of a cut are now around 50/50.
The dollar made new 2024 highs on Thursday and pushed EURUSD down to 1.05.
The post-election rally had already started to fade by the time Fed Chair Powell spoke on Thursday. Stock markets peaked on...
CATEGORIES: Euro Dollar Forecasts
Pound to Euro End of Week Forecast: GBP Rangebound vs EUR amid Limited Data
14 Nov 2024 at 8 AM - Written by John Cameron
STORY LINK Pound to Euro End of Week Forecast: GBP Rangebound vs EUR amid Limited Data
The Pound to Euro (GBP/EUR) exchange rate was largely unmoved on Wednesday morning, with a lack of significant data releases from either the UK or Eurozone leaving the pairing trapped in a narrow range.
The Euro (EUR) faced headwinds on Wednesday as market anxiety over future US trade policy continued to weigh on the single currency. ...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Rate "Steady" as UK Unemployment Climbs
13 Nov 2024 at 7 AM - Written by Ben Hughes
STORY LINK Pound to Euro Rate "Steady" as UK Unemployment Climbs
The Pound to Euro (GBP/EUR) exchange rate moved within a narrow range on Tuesday as investors reviewed the latest UK unemployment figures and Germany’s economic sentiment index.
The Pound (GBP) found limited support on Tuesday morning after the release of the latest UK jobs report disappointed GBP investors.
According to data...
CATEGORIES: Pound Euro Forecasts
Pound Euro Exchange Rate Rises as USD Continues to Climb
11 Nov 2024 at 2 PM - Written by Frank Davies
STORY LINK Pound Euro Exchange Rate Rises as USD Continues to Climb
The Pound Euro (GBP/EUR) exchange rate climbed on Monday, as the US election results continued to boost the US Dollar (USD) and thereby pressure the Euro (EUR).
At the time of writing, GBP/EUR traded at €1.2074, up around 0.2% on the day.
The Euro faced challenges on Monday due to its strong negative correlation with the US...
CATEGORIES: Pound Euro Forecasts