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Euro forecast - eur euro

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

EUR to GBP Exchange Rate Slips as UK Wage Growth Beats Expectations

16 Aug 2017 at 11 AM - Written by Ben Hughes

Strong data from the Eurozone and Britain boosted both the Euro and British Pound today, but investors were more eager to buy the recently undervalued Pound from its lows. This caused the Euro to Pound exchange rate to fall. After a brief boost to a new 2017 high of 0.9139, EUR/GBP slipped on Wednesday to below the level of 0.91 again. The...

CATEGORIES: Euro Pound Forecasts

Pound Euro (GBP EUR) Slides as UK Inflation Disappoints

15 Aug 2017 at 11 AM - Written by John Cameron

The Pound to Euro exchange rate pared its gains this morning after the release of significant data prints for both the UK and Germany. The UK’s year-on-year inflation rate remained steady at 2.6% - the same growth exhibited in June – missing expectations of 2.7%. The prices of clothing, gas, electricity, food, household goods and...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts

EUR GBP Exchange Rate Stable as Eurozone Factory Output Plummets

14 Aug 2017 at 11 AM - Written by John Cameron

The Euro Pound (EUR GBP) exchange rate trended narrowly at the start of this week’s session as poor Eurozone industrial data helped to offset fears that Sterling could fall to parity in the foreseeable future. Euro (EUR) Pressured by Contraction in Factory Output The Euro’s recent meteoric rise was slowed slightly this morning...

CATEGORIES: Euro Pound Forecasts

GBP EUR Exchange Rate Update: Pound at 7-Year Low as Brexit Fears Hit Home

11 Aug 2017 at 12 PM - Written by Tim Boyer

The lack of GBP EUR movement today comes as the Pound to Euro rate nears its lowest level since March 2010. GBP Heading Down as Slow Data Day Raises Trader Concerns The lack of confidence seen in the Pound today is largely a symptom of deep-rooted Brexit concerns. With no direct UK data to refer to, traders have instead been focusing on...

CATEGORIES: Pound Euro Forecasts

EUR GBP Exchange Rate Slips on Rising Geopolitical Tensions

9 Aug 2017 at 2 PM - Written by John Cameron

The Euro Pound (EUR GBP) exchange rate dipped this morning as currency markets were rocked by rising tensions on the Korean peninsula. Euro (EUR) loses Out as Geopolitical Tensions Spook Currency Markets The Euro was driven lower this morning as a sudden escalation in tensions between the US and North Korea rattled markets on the 10th...

CATEGORIES: Euro Pound Forecasts

GBP EUR Exchange Rate Slides over Concerns for Brexit Negotiations

7 Aug 2017 at 11 AM - Written by Toni Johnson

The Pound Euro (GBP EUR) exchange rate tumbled at the start of this week’s session following reports that the UK’s Brexit negotiations ‘have not begun well’. Brexit Negotiations Concerns Weigh on Pound (GBP) Sterling stumbled in early trade this morning following suggestions that ‘differences’ in the UK government were...

CATEGORIES: Pound Euro Forecasts

Unsurprisingly Dovish ECB Bulletin Fails to Shore up EUR USD Exchange Rate

3 Aug 2017 at 10 AM - Written by David Woodsmith

A mixed raft of Eurozone services and composite PMIs left the Euro US Dollar exchange rate on a softer footing, even though the currency union remained in a solid state of growth. Investors were discouraged by downward revisions to the finalised German PMIs, prompting concerns that the Eurozone’s powerhouse economy is losing some of its...

CATEGORIES: Euro Forecasts

GBP to EUR Exchange Rate Edges Higher as UK Manufacturing Beats Expectations

1 Aug 2017 at 1 PM - Written by Tim Boyer

Sterling has benefitted from domestic data this week more than the Euro and investors have continued to buy the British Pound to Euro exchange rate up from its recent lows. Britain’s July manufacturing PMI beat expectations today. After a brief dip to a low of 1.1145 on Monday evening, GBP/EUR recovered to above the week’s opening...

CATEGORIES: Pound Euro Forecasts

Profit-Taking Drags EUR/USD Down from 2.5-Year High

27 Jul 2017 at 12 PM - Written by Minesh Chaudhari

The Euro to US Dollar exchange rate is weakening from a two-and-a-half-year high this morning following the latest US Federal Open Market Committee (FOMC) meeting. The EUR/USD exchange rate has weakened -0.2% to 1.1707 today. Profit-Taking Weakens EUR Ahead of Key US Economic Data The Euro had risen last night thanks to the weakness...

CATEGORIES: Euro Forecasts

GBP/EUR Advances despite Soft GDP Data as Markets Await FOMC Meeting

26 Jul 2017 at 12 PM - Written by Toni Johnson

The Pound Sterling to Euro exchange rate has been able to gain around 0.2% to trend in the region of 1.1210 today. This is despite the fact that the latest UK GDP figures have shown that the economy remains on sluggish form, with only a small rise recorded after the sharp first-quarter slowdown. UK GDP Rises to 0.3% in Second Quarter;...

CATEGORIES: Pound Euro Forecasts