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

Euro to US Dollar Exchange Rate Advances as First Trump Weekend Disappoints

23 Jan 2017 at 11 AM - Written by John Cameron

The Euro to US Dollar exchange rate has gradually advanced so far this year and the new week seems to be continuing that trend as market disappointment in the new US Trump administration has weighed on USD demand. EUR/USD saw a modest advance last week, from 1.0642 to 1.0701. When markets opened on Monday morning the pair quickly advanced...

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GBP EUR Exchange Rallies as PM Outlines 'Brexit' Plans

17 Jan 2017 at 3 PM - Written by Ben Hughes

The British Pound to Euro exchange rate continued to trend over half a cent below the day’s opening levels towards the end of Wednesday’s session, but was able to limit its losses after a date for the Supreme Court’s Article 50 case decision was announced. UK Supreme Court will announce whether it will side with the High Court or UK...

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Heavy Losses Seen as GBP EUR Exchange Rate Drops Down to 1.13 on Brexit Fears

16 Jan 2017 at 1 PM - Written by John Cameron

The British Pound to Euro exchange rate surged on Tuesday afternoon as investors reacted bullishly to the Brexit speech from UK Prime Minister Theresa May. May’s key statements included reconfirmation that Parliament would vote in the final Brexit deal after negotiations were over. Demand for the Euro was mixed throughout the day as...

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Pound Euro Rate Remains Under Pressure as Odds of Hard Brexit Rise

10 Jan 2017 at 4 PM - Written by John Cameron

The Pound to Euro exchange rate continued to trend relatively tightly on Wednesday afternoon, but was largely unable to hold its best daily levels. Markets turned their attention to a press conference held by US President-elect Donald Trump, leaving the Pound and Euro even limper. The pair could fall again in the coming days if investors...

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Pound Euro Exchange Rate Drops to 1.16 Today as Haldane Forecast Hits Home

6 Jan 2017 at 2 PM - Written by Ben Hughes

GBP EUR Exchange Rate Recap: Major Pound Losses Follow Haldane’s BoE Forecast The Pound has shed any gains recorded against the Euro on Thursday after the positive services PMI result, and has instead slumped by -0.3% against the Euro. The source of the waning demand for GBP has been Bank of England (BoE) official Andy Haldane, who in...

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Dovish BoE Commentary Saw Pound Euro Extend Slump

5 Jan 2017 at 3 PM - Written by Tim Boyer

The Pound to Euro exchange rate extended its weekly lows on Friday morning as markets maintained a bearish view on the British currency amid dire UK forecasts and Brexit jitters. Demand for the Euro remained sturdy even after the US Dollar began to strengthen on Friday afternoon, as the week’s Eurozone data had left investors more...

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Eurozone Retail PMI Disappoints, EUR/USD Exchange Rate Softens

5 Jan 2017 at 2 PM - Written by Ben Hughes

The Euro to US Dollar exchange rate fell from its best levels on Friday afternoon as the latest US Non-Farm Payroll results left traders optimistic about the US economy in 2017. While the job market didn’t increase as much as expected in December 2016, the increase in jobs was close enough to forecasts to not be concerning and some...

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GBP EUR Exchange Rate Rises as Manufacturing Data Impresses

3 Jan 2017 at 2 PM - Written by John Cameron

The Pound to Euro exchange rate slipped on Wednesday afternoon after spending most of the day edging higher. A weaker US Dollar and solid Eurozone ecostats allowed the Euro to advance. Various UK and Eurozone ecostats will be published on Thursday, including Britain’s services and composite PMI results from Markit, and Germany’s...

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Fears for Future UK/EU Relationship Weigh on Pound Euro Trading

19 Dec 2016 at 11 AM - Written by John Cameron

The Pound to Euro exchange rate slipped on Tuesday afternoon. While it spent most of the day fluctuating, it was weakened later in the day by the latest Brexit comments from UK Prime Minister Theresa May. May refused to confirm that she would allow MPs a vote on the final Brexit plan and also indicated that the UK government may ignore...

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EUR/USD Rebounding from Near Decade-and-a-Half-Low

16 Dec 2016 at 11 AM - Written by John Cameron

Profit-taking is allowing the EUR/USD exchange rate to advance today after hitting a 14-year low on the back of an improved Federal Reserve outlook on monetary policy going into 2017. On-Forecast Inflation Data Boosts Euro to US Dollar Exchange Rates EUR/USD is accelerating away from a 14-year low today, boosted by a combination of...

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