Currency News: UK Daily Forex News, Exchange Rate Forecast, …
WEB1 day ago · The Pound Euro exchange rate plunged on Thursday as the currency pairing was severely undermined by the latest commentary from Bank of England Governor Andrew Bailey. At the time of writing, the GBP/EUR was trading at around €1.1887, down roughly 1% from Thursday’s opening levels. The Pound (GBP) tumbled against the majority of its peers on ...
Currency News: UK daily forex news and forecasts
WEB6 days ago · The Pound to Euro (GBP/EUR) exchange rate remained relatively stable on Tuesday, with the currency pair fluctuating within a tight range. This was due to the absence of significant data and a mix of other influencing factors. At the time of writing, GBP/EUR was trading around €1.2002, virtually unchanged from its opening level.
Pound Euro forecast - GBP EUR - Currency News
WEBThe Pound to Euro (GBP/EUR) exchange rate started the week on a high, surging to levels not seen since April 2022. Athe time of writing, GBP/EUR is trading at approximately €1.1961, marking a 0.3% rise from Monday’s opening levels. The Euro (EUR) faced strong headwinds on Monday following the release of concerning Eurozone...
Daily Currency Updates | Currency News UK
WEBDec 20, 2023 · STORY LINK Euro to Dollar Rate: EURUSD Retreats as Fed’s Powell Maintains Hawkish Stance. Hawkish Fed rhetoric pulled the Euro (EUR) lower against the US Dollar (USD) on Thursday and CIBC expects the currency pair will weaken further to 1.03 at the end of 2023. At the time of writing, the Euro to Dollar exchange rate (EUR/USD) traded at 1.06699.
Currency Predictions | Currency News UK
WEB20 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.
Wave of Uncertainty Favours USD, Pound to Dollar Rate Near 3 …
WEB12 hours ago · The Pound to Dollar (GBP/USD) exchange dipped to 3-week lows at 1.3060 on Monday before a tentative recovery to 1.3090 on Tuesday. Weaker UK equities also curbed potential Pound support. UoB does not expect a near-term test of key support at 1.3000, but added; “The downside risk will remain …
Tensions Build Ahead of Crucial US Data, Pound to Dollar Rate …
WEBSep 6, 2024 · STORY LINK Tensions Build Ahead of Crucial US Data, Pound to Dollar Rate Poised for Breakout. The Pound to Dollar (GBP/USD) exchange rate hit highs at 1.3175 after Wednesday’s US data before settling around 1.3160 on Wednesday as weak data undermined the dollar. US data releases over the next two days will be extremely important for GBP/USD ...
Inflation Slide Hurts Single Currency, Pound Sterling to Euro …
WEBSeptember 2, 2024 - Written by David Woodsmith. STORY LINK Inflation Slide Hurts Single Currency, Pound Sterling to Euro Exchange Rate Hits 5-Week Best. There has been significant divergence in currency markets on Thursday with significant gains for the Australian and New Zealand dollars while the Euro has come under pressure following the release of weaker-than-expected inflation data.
Pound to Euro Week Ahead Forecast: ECB Tipped to Cut This Week
WEBSep 8, 2024 · STORY LINK Pound to Euro Week Ahead Forecast: ECB Tipped to Cut This Week. MUFG expects the Pound to Euro (GBP/EUR) exchange rate to edged lower to 1.17 by the second quarter of 2025. In contrast, Barclays expects resistance levels will eventually break with the potential for GBP/EUR to strengthen to 1.21 over the medium term.
Pound to Euro Rate Surrenders 1-Week Highs as Sterling Dips
WEBAug 15, 2024 · The Pound to Euro (GBP/EUR) exchange rate dipped to near 1.1670 from 1.1700 and after hitting 1-week highs at 1.1715 on Tuesday. ING commented; “All in all, this morning’s inflation figures still help our EUR/GBP bullish call, and we continue to see the pair as a preferable channel to play BoE-related GBP weakness as opposed to GBP/USD ...