Currency News

Daily Exchange Rate Forecasts & Currency News

Euro forecast - eur euro

A round up of the latest Euro forecast news items from the Currency News desk.

GBP EUR Exchange Rate Trends Narrowly Ahead of ECB and BoE Comments

26 Jun 2017 at 4 PM - Written by Frank Davies

As the Conservatives and the Democratic Unionist Party (DUP) finally agreed a confidence and supply arrangement the Pound Euro exchange rate was encouraged to trend higher. However, this sense of optimism proved remarkably short-lived as the future of the minority Conservative government is still far from guaranteed at this...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Slips Lower as Haldane Rally Cools

22 Jun 2017 at 10 AM - Written by Toni Johnson

Demand for the British Pound generated yesterday by improving UK interest rate hike odds has dissipated today. The GBP/EUR exchange rate is stuck marginally below opening levels at 1.1339 today, as markets await the latest industry data from the Confederation of British Industry (CBI). GBP Weakens as Haldane Rally Runs out of...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Tumbles to New Weekly Low over Concerns over DUP Deal

21 Jun 2017 at 12 PM - Written by John Cameron

The Pound Euro (GBP EUR) exchange rate slipped even further this morning, closing in on the multi-month low stuck last week as investors worry about the political landscape in the UK ahead of the Queen’s speech. Political Uncertainty Continues to Weaken Pound (GBP) Sterling sentiment remains low this morning ahead of the Queens speech...

CATEGORIES: Euro Pound Forecasts

GBP EUR Exchange Rate Tight as Brexit Talks Begin

19 Jun 2017 at 3 PM - Written by Toni Johnson

The Pound’s latest appreciation against the Euro comes on the first day of full Brexit talks. Pound Rises on Strong Start to Brexit Talks The main cause of a Pound to Euro rise today has been the news that Brexit negotiations have finally begun. The official meeting between David Davis from the UK and Michel Barnier from the EU has...

CATEGORIES: Euro Pound Forecasts Pound Euro Forecasts

EUR to USD Exchange Rate Tumbles as Federal Reserve Eases Market Fears

15 Jun 2017 at 3 PM - Written by David Woodsmith

After a brief surge to a fresh 2017-high on Wednesday, the Euro to US Dollar exchange rate tumbled and continued to fall on Thursday due to a lack of strong Eurozone data and market confidence in the US economy. Wednesday saw EUR/USD jump to a high of 1.1288, which was the pair’s best level since August 2016. On trending strongly for...

CATEGORIES: American Dollar Forecasts Euro Forecasts

EUR GBP Exchange Rate Favourable during Post-Election Turmoil

9 Jun 2017 at 3 PM - Written by Minesh Chaudhari

The Euro’s movement against the Pound today has mainly been determined by GBP fluctuations. Eurozone domestic data has been relatively poor, showing a falling German trade surplus as well as a still-high level of Greek inflation. Euro traders remain on edge after Thursday’s European Central Bank (ECB) meeting, which failed to remove...

CATEGORIES: Euro Forecasts Euro Pound Forecasts

USD EUR Exchange Rate Rallies as ECB Cuts Inflation Forecasts

8 Jun 2017 at 2 PM - Written by Toni Johnson

The USD EUR exchange rate has advanced by 0.3% today, although there has been little domestic cause for US enthusiasm. As well as rising crude oil stocks lowering oil prices for US exporters, Donald Trump has also been targeted in a potential lawsuit. The Democratic Party plans to bring the case that Trump could be influenced by foreign...

CATEGORIES: American Dollar Forecasts Euro Forecasts

GBP EUR Exchange Rate Remains Under Pressure in Final Days of UK Election Campaign

6 Jun 2017 at 2 PM - Written by Frank Davies

As May’s BRC like-for-like sales data proved discouraging the Pound Euro exchange rate weakened, reversing some of the week’s earlier gains. Confidence in the Pound remains somewhat limited ahead of Thursday’s general election, even though the odds continue to favour a Conservative victory. With opinion polls still pointing...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Slips Despite Impressive Construction PMI

2 Jun 2017 at 11 AM - Written by Ben Hughes

The Pound Euro (GBP EUR) exchange rate remains on the back foot this morning despite a better than expected UK Construction PMI. According to data published by IHS Markit, activity in the UK’s construction sector surged from 53.1 to 56.0 in May, easily outpacing expectations that it would slip to 52.7 and striking its best levels since...

CATEGORIES: Pound Euro Forecasts

EUR to GBP Exchange Rate Gains on UK Election Jitters

31 May 2017 at 1 PM - Written by Frank Davies

After a brief drop earlier in the week, the Euro to British Pound exchange rate recovered on Tuesday evening and Wednesday morning due to fresh uncertainty about next week’s UK general election. EUR/GBP began the week trading at the level of 0.8730 but dropped to a low of 0.8662 on Tuesday. By Wednesday morning the pair was trending near...

CATEGORIES: Daily Currency Updates Euro Pound Forecasts