GBP/EUR exchange rates creep up over the course of the trading week

GBPEUR holds steady – what will GBPEUR do this week?

With no significant changes in sentiment the GBPEUR rate looks likely to remain range bound this week. There are of course always opportunities on exchange rates but my personal opinion is that anyone considering a transfer soon may not be too badly advised to hold on until the end of the week. Thursday is probably the key date for anyone with an interest in the GBPEUR rate as we will learn whether or not the UK or Eurozone will make a change to their central...
Pound to Euro: When Will Sterling Fall?

GBPEUR rates steady but for how long? (Steve Eakins)

Rates this year have been fairly standard but there are many storied that could change the fair of euro prices in the near future including; Italian politics, US debt ceiling, UK borrowing costs, USA Q3 news and French tax systems.  All of these stories are expected to develop over the next 4 weeks and each could change the price of buying euros. On-top of that we have all the standard economic data releases that we cover here on almost a daily basis. The next week...
GBP/EUR exchange rates remain in a tight range, Sterling just about winning the week so far

GBPEUR Forecast 3rd January

The pound found support yesterday on the back of better than expected Manufacturing data for the month of December. The current trend actually looks to be improving for Euro buyers although I do think there are bigger risks of the rate falling than improving over the course of the next few months. The big driver on sterling is the likelihood of further QE and it must be said strong Manufacturing figures support a view that more QE is unnecessary. I am not predicting a crash but...
GBPCHF Exchange Rates Reach Highest Levels Since Mid-March

Could GBP/EUR rates be in for a volatile time? (Alistair Ryan)

It seems the festive period was just as busy for GBP/EUR rates as it was for the majority of us. Sterling has gained over a cent against the euro since the festive period but could this spike be short lived? With a lot of data releases set to come out from the eurozone over the coming days we could see a shift the other way. This morning we have already seen Spanish unemployment figures released and showing a positive outlook for the struggling economy. Figures...

Where is GBP/EUR heading in 2013? Get the best exchange rate for your Euros.

Sterling exchange rates have had a rocky time in 2012 and I would expect no different as we head into the New Year. We have seen the pound shift 7.2% against the Euro (€18,340 difference high/low on a £200k money transfer). As a specialist currency broker my job is to keep my clients informed of market trends in an attempt to maximise their currency exchange as it is clear to see how much the market can shift. A lot of clients do not have the luxury...
Pound Sterling Forecast – Could the Pound Fall Lower Still?

GBPEURO Forecast 2013

The current outlook for GBPEUR is that the rate will probably drop lower. It is therefore more likely we will see 1.20 before 1.25. This is because despite problems in the Eurozone it is probably more likely we will see some more QE by the Bank of England which will cause GBP weakness. There is the prospect of a further interest rate cut in the Eurozone but on balance I think it more likely we will see the rate drop to a poor performance of...
Pound to US Dollar Forecast: Mixed Messages on GBPUSD Exchange Rates

Christmas Trading Hours – Have you done all of your shopping for Euros and...

As a firm of specialist currency brokers we recognise the importance to businesses and private clients of transferring those emergency payments before the New Year. That is why all the staff here at GBPEURO Forecast will be available to assist anyone who still needs to make a payment either early in the New Year or before the New Year. We will be here and able to facilitate payments on the 24th, 27th, 28th and 31st, resuming again on the 2nd January. These days will be...
Pound Sterling Forecast – Could the Pound Fall Lower Still?

Rise in German Business Confidence Certainly Euro Positive (Matthew Vassallo)

A report was released today, which indicated that German business confidence was on the rise. The IFO institutes monthly index showed that confidence rose for a second month in a row in December and this could certainly give the EUR a boost as we move into the New Year. Germany is well regarded as the linchpin of the eurozone and up until recently its economy had been considered untouchable. Whilst Germany continued to prosper, it was felt that it could provide the necessary protection for the rest of the eurozone....
Pound to Euro: When Will Sterling Fall?

GBPEUR Rates Trend Lower – Outlook for Greece Improves

The pound has ebbed lower against the euro today surely due to the lack of confidence in sterling. Problems in Europe have really been brushed under the carpet and to me it looks like the same fears which created a great buying opportunity in the summer are unlikely to return anytime soon. The Rating's Agency Standard & Poor has raised its credit rating for Greece from selective default to negative in another show of confidence for the single currency. The rates just continue to keep...
Pound Sterling Forecast – Could the Pound Fall Lower Still?

Sterling Euro forecast 2013 – What may happen next year?

If this year we saw a school report for the Eurozone it would  almost certainly say “could do better”, in reality the situation in Europe is no  better than it was this time last year. The Spanish Banking system is in crisis  and its debt level is likely to increase to over 90% of GDP next year, Greece keep’s getting bailed out and has no clear plans to pay anything back and  certainly there will be more problems in other member nations such as Italy, Portugal...