Daily Exchange Rate Forecasts & Currency News

Euro Pound forecast - EUR GBP

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

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EUR to GBP Exchange Rate Sheds Ground as ECB Officials Express Currency Strength Concern

17 Jan 2018 at 4 PM - Written by

As more European Central Bank (ECB) officials express concern about the persistent bullishness of the Euro, the Euro to British Pound exchange rate has been unable to hold its ground. Eurozone inflation has also failed to impress Euro investors. Following last week’s modest gains from 0.8865 to 0.8889, EUR/GBP has trended within a mostly...

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GBP/EUR Exchange Rate Inches Ahead amid UK Inflation Release

16 Jan 2018 at 3 PM - Written by

UK Inflation Slides, Pound Euro (GBP/EUR) Exchange Rate Unperturbed The Pound Euro (GBP/EUR) exchange rate inched ahead on Tuesday as markets responded to some below-forecast German inflation readings and ongoing concerns regarding the state of their ‘grand coalition’. On the UK front, markets continue to assess the severity of...

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GBP EUR Exchange Rate Stumbles Amid Carillion Collapse

15 Jan 2018 at 3 PM - Written by

Carillion Collapse Prompts GBP/EUR Exchange Rate Fall The Pound Euro (GBP/EUR) exchange rate pared some of its recent gains on Monday as markets responded to news that UK construction giant Carillion has gone into liquidation, potentially threatening thousands of jobs. The news came after talks between the firm, various lenders and the...

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EUR to GBP Exchange Rate Strength Limited on Catalonia Vote Uncertainty

22 Dec 2017 at 11 AM - Written by

Thursday saw the publication of some solid Eurozone confidence stats, but the results of Catalonia’s 2017 parliamentary elections concerned Euro to British Pound exchange rate traders. The Pound was supported by some better than expected UK growth data from Q3. This week could see EUR/GBP advancing once again despite Catalonia concerns....

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EUR GBP Exchange Rate Shrugs Off Dip in German Business Optimism

19 Dec 2017 at 4 PM - Written by

The latest market worries over Brexit and the UK’s future trade relationship with the EU helped the Euro Pound exchange rate to trend higher on Tuesday. Demand for Sterling weakened markedly on the back of the latest comments from chief EU negotiator Michel Barnier, who ruled out the possibility of London's financial sector maintaining...

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Euro Pound (EUR GBP) Exchange Rate Dips on Upbeat UK Wage Growth

13 Dec 2017 at 2 PM - Written by

The Euro Pound (EUR GBP) exchange rate tumbled slightly on Wednesday as markets reacted to upbeat wage growth figures in the UK and some disappointing inflation readings in Germany. EUR GBP Exchange Rate Slides as Markets React to UK Wage Growth According to data released on Wednesday from the Office for National Statistics (ONS),...

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Rattled Traders Buy into EUR/GBP Exchange Rate after Brexit Jitters

11 Dec 2017 at 1 PM - Written by

Last week, the Euro made a minor overall loss against the Pound. The EUR/GBP exchange rate opened in the region of 0.8804, but later closed lower at 0.8792 on Friday. Euro Gains Ground despite Italian Sales Slump The Euro has advanced against the weaker Pound today, in spite of a mixed set of Eurozone data coming out over the...

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GBP EUR Exchange Rate Fluctuates amid Brexit Agreement Collapse and Mixed EU Ecostats

5 Dec 2017 at 5 PM - Written by

The Pound Euro (GBP EUR) exchange rate see-sawed today as markets responded to the collapse of negotiations between London and Brussels over the subject of the Irish border and some mixed ecostats from the Eurozone. Eurozone Data Proves Mixed, GBP EUR Exchange Rates Eventually Capitalise Data from the bloc today was quite mixed, with...

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GBP EUR Exchange Rate Declines as Brexit Committee Warns of Irish Border Difficulties

1 Dec 2017 at 12 PM - Written by

Yesterday, the Pound saw a small rise against the Euro, from an opening rate of 1.1315 to close around the region of 1.1371. Pound to Euro Rate Drops Off after Irish Border Plans Hang in Doubt Surprisingly positive UK manufacturing data has failed to support the Pound today, which has instead declined against the Euro and most other...

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GBP EUR Exchange Rate Extends Gains on Possibility of Irish Border Negotiation Progress

30 Nov 2017 at 5 PM - Written by

The GBP EUR exchange rate extended its gains today as markets continued to respond positively to news that negotiations on the Irish border might soon reach a breakthrough and that trade talks could result as soon as January. EU Prepares Offer on Two-Year Brexit Transition Deal, GBP Exchange Rate Climbs EU leaders are reportedly...

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