Currency News: UK Daily Forex News, Exchange Rate Forecast, …
The Pound Euro (GBP/EUR) exchange rate took a tumble on Wednesday morning after a weaker-than-expected UK consumer price index saw markets increase bets on more Bank of England (BoE) interest rate cuts. At the time of writing, GBP/EUR traded at €1.1946, down 0.5% from the morning’s opening levels. The Pound (GBP) tumbled on Wednesday after ...
Pound to Euro Week Ahead Forecast: ECB Rate Cut Trumps BoE …
14 hours ago · STORY LINK Pound to Euro Week Ahead Forecast: ECB Rate Cut Trumps BoE Speculation. Goldman Sachs expects further short-term Pound to Euro (GBP/EUR) exchange rate gains to 1.2120 and maintains a 12-month forecast of 1.2200. Although RBC Capital Markets (RBC) expects near-term support, it expects a steady decline to 1.1240 on a 12-month view.
ECB Decision Day: GBP/EUR Needed Very Dovish Talk to Break …
3 days ago · October 18, 2024 - Written by Frank Davies. STORY LINK ECB Decision Day: GBP/EUR Needed Very Dovish Talk to Break Back Above 1.20. The Pound to Euro (GBP/EUR) exchange rate found support below 1.1950 on Wednesday and settled around 1.1965. Unless there is very dovish ECB rhetoric, GBP/EUR could retreat later in the session.
Pound Euro Exchange Rate Forecast: GBP/EUR Tumbles as UK …
4 days ago · October 17, 2024 - Written by Tim Boyer. STORY LINK Pound Euro Exchange Rate Forecast: GBP/EUR Tumbles as UK Inflation Misses BoE Target. The Pound Euro (GBP/EUR) exchange rate took a tumble on Wednesday morning after a weaker-than-expected UK consumer price index saw markets increase bets on more Bank of England (BoE) interest rate cuts.
Pound to Euro News: GBP/EUR Exchange Rate Firms as ECB Cuts …
3 days ago · The Pound Euro (GBP/EUR) exchange rate found some success on Thursday as the European Central Bank (ECB) delivered its third interest rate cut of 2024. At the time of writing, GBP/EUR traded at €1.1987, up 0.3% on the day. The Pound (GBP) started Thursday on a muted note, still feeling the impact of Wednesday's disappointing inflation data.
Pound Dollar forecast - GBP USD - Currency News
Oct 13, 2024 · The Pound to US Dollar (GBP/USD) exchange rate traded in a narrow range on Tuesday morning, hovering just above the three-week low touched on Monday. At the time of writing, GBP/USD was trading around $1.3100, showing little movement from Tuesday’s opening levels. The US Dollar (USD) found some support on Tuesday, benefiting...
Pound Euro Exchange Rate News: GBP/EUR Wobbles ahead of …
6 days ago · The Pound Euro (GBP/EUR) exchange rate wavered on Monday, despite the start of the UK’s International Investment Summit, as high-impact events later in the week loomed over the currency pairing. At the time of writing, GBP/EUR traded at €1.1949, having fluctuated in a tight range since the start of the week’s opened.
Daily Currency Updates | Currency News UK
Dec 20, 2023 · 21 Nov 2023 at 6 AM - Written by Frank Davies. The Euro to Dollar (EUR/USD) exchange rate has posted a three-month best just below 1.0950 as the dollar continued to lose ground and the Euro also received a positive surprise on the Italian credit rating. Danske Bank expects EUR/USD to test the 1.1000 level on a short-term view.
Currency Predictions | Currency News UK
20 Dec 2023 at 5 PM - Written by Frank Davies. STORY LINK Euro to Dollar Outlook 2024: HSBC Now Predicts Above 1.10. The Euro to Dollar exchange rate (EUR/USD) has been held below 1.10, but found support below 1.0900 on Monday and advanced to 1.0935 on Tuesday with relatively narrow ranges prevailing.
Pound to Euro: Sterling Looks to Major UK Data Releases to …
Feb 12, 2024 · STORY LINK Pound to Euro: Sterling Looks to Major UK Data Releases to Trigger Breakout. The Pound to Euro (GBP/EUR) exchange rate has continued to find support close to 1.1700 and settled around 1.1715 on Monday as tight ranges have prevailed. UK data this week will have an important market impact and volatility will inevitably increase with ...