A round up of the latest Pound Sterling forecast news items from the Currency News desk.
Pound to Euro Rate Dragged Lower by EUR/USD Rally to 1.11
10 Apr 2025 at 2 PM – Written by David Woodsmith
STORY LINK Pound to Euro Rate Dragged Lower by EUR/USD Rally to 1.11
A EUR/USD rally past 1.11 on foreign exchange markets has dragged the Pound Sterling lower against the Euro on Thursday.
The Pound Euro (GBP/EUR) exchange rate weakened on Thursday following US President Donald Trump’s U-turn on his global tariffs.
On Thursday, the Euro (EUR) gained strength against most of its trading partners…
CATEGORIES: Euro Forecasts Pound Sterling Forecasts
Pound Rebounds Against Euro and Dollar After US Tariff Pause
10 Apr 2025 at 7 AM – Written by James Fuller
STORY LINK Pound Rebounds Against Euro and Dollar After US Tariff Pause
Pound Sterling advanced against the euro and US dollar into Thursday’s session after markets reacted dramatically to President Trump’s announcement of a 90-day tariff pause, sharply reducing fears of an immediate global recession.
GBP/USD climbed from lows of 1.2748 to current levels of 1.280, while GBP/EUR rose from 1.1515 to trade…
CATEGORIES: Pound Sterling Forecasts
Pound Sterling Forecast: What the Budget Means for GBP vs EUR, USD?
28 Mar 2025 at 8 AM – Written by Tim Boyer
STORY LINK Pound Sterling Forecast: What the Budget Means for GBP vs EUR, USD?
The pound has made moderate gains against the euro and USD this week. The Spring Budget managed to avoid any unwanted market reactions and long-term growth was actually revised slightly higher.
Headline inflation missed estimates but services remained high and the BoE will not be swayed by a dip in the readings as increases are…
CATEGORIES: Pound Sterling Forecasts
UK Budget: Growth and Trade Fears Curb Pound Forecast Outlook
27 Mar 2025 at 9 AM – Written by Tim Boyer
STORY LINK UK Budget: Growth and Trade Fears Curb Pound Forecast Outlook
Underlying reservations over the UK growth outlook curbed Pound confidence in global markets. Trade fears and wider uncertainty surrounding the international outlook also remained a key element ahead of the April 2nd US Administration announcement on tariffs.
The overall budget impact was limited with some relief in the bond market as…
CATEGORIES: Pound Sterling Forecasts
British Pound Steady vs Euro and Dollar following Eurozone and UK Data Releases
25 Mar 2025 at 12 PM – Written by Tim Boyer
STORY LINK British Pound Steady vs Euro and Dollar following Eurozone and UK Data Releases
The Pound was trapped in a narrow range against currency peers Euro and US Dollar on Tuesday following the release of some economic data from the Eurozone and the UK.
At the time of writing, the Pound to Euro exchange rate GBP/EUR was trading at around €1.1971, virtually unchanged from Tuesday’s opening levels.
On Tuesday, the…
CATEGORIES: Pound Sterling Forecasts
