The Pound reached a fresh three and a half year high against the Euro. Foreign Currency Market Update – GBP / EUR Update The Pound reached a fresh three and a half year high against the Euro last Wednesday of 1.2573 following the news from Athens that Greek political leaders were unable to form a [...]
Euro Exchange Rate Forecasts
GBP-EUR Update Category
Pound to Euro Exchange Rate Forecast: The Pound reached a fresh three and a half year high against the Euro
Monday, May 21st, 2012Pound to Euro Exchange Rate Forecast – The Pound is continuing to trade close to three-and-a-half year highs against the Euro
Monday, May 14th, 2012Over the coming week the Pound should continue to hold its excellent position against the Euro as political events unfold in Greece. Foreign Currency Market Update – GBP / EUR Update The Pound is continuing to trade close to three-and-a-half year highs against the Euro as the prospect of a Greek exit from the Eurozone [...]
The Pound to Euro exchange rate reached a three and a half year high on Monday of 1.2443 as general elections in France and Greece left financial markets reeling.
Tuesday, May 8th, 2012Foreign Currency Market Update – GBP / EUR Update The Pound to Euro exchange rate reached a three and a half year high on Monday of 1.2443 as general elections in France and Greece left financial markets reeling. Uncertainty surrounding the Eurozone debt crisis escalated to an unbearable level for many investors over the weekend [...]
The Pound reached a 22-month high of 1.2308 against the Euro
Monday, April 30th, 2012Looking ahead this week and the threat of a Spanish bailout package is likely to overshadow the bulk of the Eurozone’s data releases. Foreign Currency Market Update – GBP / EUR Update The Pound reached a 22-month high of 1.2308 against the Euro this morning as the Instituto Nacional de Estadistica announced that Spain has [...]
The Pound has given the Euro a battering over the past week following news that further UK central bank stimulus now seems unlikely
Tuesday, April 24th, 2012Over the coming week Eurozone PMI’s in Manufacturing and Services are expected to drop, Italian Consumer Confidence is predicted to weaken and the German Consumer Inflation Index is forecast to fall. Foreign Currency Market Update – GBP / EUR Update The Pound has given the Euro a battering over the past week following news that [...]
The Pound to Euro exchange rate reached a 4-month high of 1.2150 over the Easter weekend
Tuesday, April 10th, 2012Looking forward to the week ahead and the main points of interest are the ECB’s Monthly Report. Foreign Currency Market Update – GBP / EUR Update The Pound to Euro exchange rate reached a 4-month high of 1.2150 over the Easter weekend as fears of a technical recession in the UK cooled down and a [...]
The Pound to Euro exchange rate reached a 2-week high of 1.2052
Tuesday, April 3rd, 2012Looking ahead and this week could see the Pound advance further against the Euro if market predictions of falling inflation and poor retail sales figures in the Eurozone prove to be accurate. Foreign Currency Market Update – GBP / EUR Update The Pound to Euro exchange rate reached a 2-week high of 1.2052 this morning [...]
The Pound to Euro exchange rate commenced last week’s trading at a 5-week high of 1.2071
Tuesday, March 27th, 2012The Pound has remained under pressure from the Euro this week as strong German IFO statistics for the 5th consecutive month have kept the rate around the 1.1950 level. Foreign Currency Market Update – GBP / EUR Update The Pound to Euro exchange rate commenced last week’s trading at a 5-week high of 1.2071, before [...]
The pound improved by over a cent against the Euro on Tuesday as attention in the Eurozone turned to Spain
Monday, March 19th, 2012Looking ahead at the week to come and all of the major releases are set to come from the UK. Foreign Currency Market Update – GBP / EUR Update The Pound to Euro exchange rate recovered from a weekly low of 1.1880 last Monday to consolidate above the 1.2000 threshold before markets closed on Friday [...]
In this climate it is hard to see the Euro making significant progress
Friday, March 2nd, 2012We see resistance around the 1.2100 level but momentum is undeniably in the Pound’s favour. Foreign Currency Market Update – GBP / EUR Update Sterling spent last week very much on the back foot as a decision on the second Greek bailout approached. However, despite releasing €58bn to relieve pressure on Greece’s creditors, the balance [...]
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