Euro forecast - eur euro
A round up of the latest Euro forecast news items from the Currency News desk.
GBP EUR Exchange Rate Down, GBP AUD & GBP NZD Climb
24 May 2013 at 10 AM - Written by Minesh Chaudhari
Last night’s Asian equities session brought a return to something approaching normal service – Tokyo’s benchmark Nikkei 225 index, which had plummeted by over 7% during Thursday trading, provided evidence of this. Japan’s leading equities exchange closed up by 0.89%, suggesting that market participants had recovered their nerve...
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Foreign Currency Exchange Rate Forecast For GBP EUR And Outlook For AUD USD
23 May 2013 at 2 PM - Written by John Cameron
The POUND STERLING started the day off on a firm footing, but has subsequently leaked support. This morning’s revised UK GDP data for Q1 confirmed the Office of National Statistic’s initial growth estimates for the first three months of this year were accurate. This left investors to concentrate on this week’s Sterling-negative UK...
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Pound euro exchange rate (GBP EUR) Slumps On Weak UK Retail Sales Data
22 May 2013 at 2 PM - Written by David Woodsmith
The Pound Sterling has come under heavy selling pressure during this morning’s European session, thanks to a raft of disappointing UK data releases. The most prominent of these was last month’s British Retail Sales data which showed a surprise drop off of 1.3% compared with the previous month. Analysts had been anticipating an annualised...
Pound to Euro Exchange Rate (GBP EUR) Tumbles On UK Inflation Figures
21 May 2013 at 2 PM - Written by David Woodsmith
This morning’s main event in the global currency markets came in the form of the publication of the latest headline inflation data from the UK’s Office of National Statistics (ONS). The April Consumer Price Index figure showed at significantly below the expected annualised level of 2.6%. The year-on-year print of 2.4% was considerably...
GBP EUR, GBP AUD & GBP NZD Exchange Rates Under Threat
21 May 2013 at 9 AM - Written by John Cameron
This morning’s session, from the perspective of the Pound Sterling, at least, is likely to be dominated by the release of a raft of price data which may alter investors’ perspective on the future direction of the Bank of England’s monetary policy. The key headline figure to look out for comes in the form of April’s annualised Consumer...
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Foreign Currency Exchange Rate Predictions For GBP EUR USD NZD
20 May 2013 at 1 PM - Written by Tim Boyer
This morning’s report from the Ernst & Young Item Club which found that the real cost to the UK economy of high levels of inflation since 2010 has been £10bn. The news has held back the POUND STERLING on the day. The latest Rightmove House Price survey, released overnight, has done little to improve investor sentiment towards Sterling....
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GBP USD Exchange Rate Lower, GBP EUR Rate Steady
17 May 2013 at 2 PM - Written by John Cameron
A light schedule of data releases in the global economy have made for limited price action in the currency markets so far today. Perhaps the major driver amongst the investment community at the moment is the ongoing situation in Syria, where evidence has emerged within the past few days that the ruling Assad regimes has apparently used...
Foreign Currency Forecasts For GBP EUR Exchange Rate & Outlook For AUD, NZD & USD
16 May 2013 at 3 PM - Written by Tim Boyer
A significantly weaker than anticipated set of US Initial Jobless Claims data, released a short time ago in the States, has triggered a renewed bout of selling pressure on the US DOLLAR, sending the Pound to US Dollar exchange rate (currency : GBP USD) up from its intraday low of 1.5193 back up to close to the 1.5300 level as New York braces...
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GBP EUR Rate Dips, GBP USD Rate Forecast To Follow Suit
16 May 2013 at 4 PM - Written by James Fuller
Yesterday afternoon’s session in the currency markets provided one of the most surprising headlines of the year – leading credit ratings agency Fitch announced that it had UPgraded the credit rating of long-term debt struggler Greece from CCC to B-. The development was not just good news for the Hellenic state, but also for the eurozone...
GBP EUR Outlook Unclear As BoE Increases UK GDP Forecast
15 May 2013 at 2 PM - Written by Tim Boyer
It was a good news / bad news morning in the currency markets for the Pound Sterling. On the credit side, the Bank of England’s Inflation Report saw the UK’s central bank upwardly amend its growth prediction for Britain’s economy, with overall activity expected to expand by 0.5% during the three months to the end of June 2013. The...
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