Currency News: UK Daily Forex News, Exchange Rate Forecast, …
WEBRBC Capital Markets (RBC) forecasts that the Pound to Euro (GBP/EUR) exchange rate will weaken gradually to 1.1240 on a 12-month view. In contrast, Barclays expects GBP/EUR to strengthen to 1.25. GBP/EUR was held in relatively tight ranges during the week and settled just above 1.1850. Barclays is positive on the UK outlook; “Demand ...
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 News: UK daily forex news and forecasts
WEBThe Pound US Dollar (GBP/USD) exchange rate climbed higher on Wednesday, driven by disappointing US employment data. At the time of writing, GBP/USD was trading around $1.3156, marking an approximate 0.3% increase from the day’s opening levels. The US Dollar (USD) slumped on Wednesday following the …
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.
Pound Euro Exchange Rate News: GBP/EUR Firms as UK Inflation …
WEB3 days ago · STORY LINK Pound Euro Exchange Rate News: GBP/EUR Firms as UK Inflation Remains Elevated. The Pound to Euro (GBP/EUR) exchange rate rebounded on Wednesday, as markets digested the UK’s latest consumer price index. At the time of writing, GBP/EUR was hovering around €1.1872, marking a roughly 0.3% increase from the day's opening figures.
Pound Euro forecast - GBP EUR - Currency News
WEBSep 15, 2024 · 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. GBP/EUR was held in relatively tight ranges during the week, but drifted lower...
UK inflation Data Sparks Pound to Dollar Exchange Rate Gains
WEB3 days ago · The Pound US Dollar (GBP/USD) exchange ticked up on Wednesday following the publication of the UK’s latest inflation data. At the time of writing, GBP/USD was trading at approximately $1.3214 up roughly 0.4% from the start of Wednesday’s session. The pound (GBP) strengthened against most of its rivals on Wednesday, bolstered by the UK's ...
Transatlantic Interest Rate Debate Dominates the Pound, GBP/USD …
WEB3 days ago · September 19, 2024 - Written by David Woodsmith. STORY LINK Transatlantic Interest Rate Debate Dominates the Pound, GBP/USD Jumps. The British Pound (GBP) posted gains after the latest UK inflation data with a Bank of England rate cuts seen as even less likely this week. The Pound to Dollar (GBP/USD) exchange rate touched 1.3200 from 1.3160.
Currency News: UK daily forex news and forecasts
WEBAug 23, 2024 · STORY LINK Pound Euro Exchange Rate Hits 20-Day Best on UK Goldilocks Hopes The latest UK business confidence data triggered fresh hopes of a goldilocks economy with solid growth and moderating inflation pressures. Anoth weak set of German data undermined the Euro, although the overall Euro-Zone ...
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 ...
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