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Daily Exchange Rate Forecasts & Currency News

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

Pound to Euro (GBP/EUR) Exchange Rate Sinks as Bank of England Says Britain’s Economic Outlook is ‘Unusually Uncertain’

17 Sep 2020 at 2 PM - Written by John Cameron

GBP/EUR Exchange Rate Falls on Dovish BoE Statement The Pound to Euro (GBP/EUR) exchange rate fell by -0.5% today after the Bank of England (BoE) held interest rates at 0.1%. The pairing is currently trading around €1.09. However, the Bank also commented in a dovish statement that Britain’s economic outlook remained ‘unusually...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

EUR to USD Exchange Rate Holds Recovery Thanks to European Central Bank’s (ECB) Calm

11 Sep 2020 at 1 PM - Written by James Fuller

After opening this week with a downside bias, the Euro to US Dollar (EUR/USD) exchange rate has found fresh support in recent sessions. The European Central Bank (ECB) surprised markets with its unexpectedly optimistic tone, while the latest US data continues to paint an uncertain picture for the resilience of the US economy. Investors will...

CATEGORIES: American Dollar Forecasts Euro Forecasts

EUR to USD Exchange Rate Rebounds from Near Month Worst as Markets Await European Central Bank

9 Sep 2020 at 5 PM - Written by David Woodsmith

After tumbling fairly consistently since hitting a notable high earlier last week, the Euro to US Dollar (EUR/USD) exchange rate saw a rebound from its lowest levels today. The Euro is steadying as investors await tomorrow’s European Central Bank (ECB) news, while the US Dollar’s rebound rally is gradually running out of steam and is...

CATEGORIES: American Dollar Forecasts Euro Forecasts

GBP to EUR Exchange Rate Struggles to Hold despite Weaker German Factory Orders

4 Sep 2020 at 10 AM - Written by Frank Davies

Despite the Pound’s rally attempts this week, the British Pound to Euro (GBP/EUR) exchange rate has ultimately been unable to hold an advance. Yesterday saw the pair shed much of this week’s advances as investors pulled back on the Pound amid UK economic and Brexit concerns. Even though this week’s Eurozone data has been mixed, the Euro...

CATEGORIES: Pound Euro Forecasts

Pound to Euro (GBP/EUR) Exchange Rate Steady as German Confidence Shrinks for September

28 Aug 2020 at 9 AM - Written by John Cameron

GBP/EUR Exchange Rate Rangebound as ‘Corona-Related Restrictions’ Drag on Single Currency The Pound to Euro (GBP/EUR) exchange rate held steady this morning, with the pairing currently trading around €1.115. The Euro (EUR) struggled to gain on Sterling following this morning’s release of the latest German GfK consumer confidence...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Euro Pound (EUR/GBP) Exchange Rate Falls Ahead of BoE Governor Bailey Speech

26 Aug 2020 at 12 PM - Written by John Cameron

Euro Pound Sterling (EUR/GBP) Exchange Rate Falls Ahead of Key BoE Speech The Euro Pound Sterling (EUR/GBP) exchange rate edged around -0.2% lower, leaving the pairing trading at around £0.8979. The Pound was able to make some gains against the Euro this morning, although these gains were capped as Brexit uncertainty left traders on...

CATEGORIES: Euro Pound Forecasts

Euro Pound (EUR/GBP) Exchange Rate Flat on WHO’s Warning of Coronavirus Resurgence

20 Aug 2020 at 12 PM - Written by John Cameron

Euro Pound Sterling (EUR/GBP) Exchange Rate Muted as WHO Warns of Covid-19 Resurgence in Europe The Euro Pound Sterling (EUR/GBP) exchange rate remained largely flat on Thursday, leaving the pairing trading at around £0.9017. The single currency remained flat against Sterling this morning after Germany announced it had recorded its...

CATEGORIES: Euro Pound Forecasts

Euro to Pound (EUR/GBP) Exchange Rate Edges Higher as UK Posts Weakest GDP Since Records Began

12 Aug 2020 at 4 PM - Written by John Cameron

EUR/GBP Exchange Rate Rises as UK Economic Outlook Dims on Weak Growth Figure The Euro to Pound (EUR/GBP) exchange rate rose by 0.5% today, with the pairing currently fluctuating around £0.90. Sterling suffered today following the release of the flash GDP figure for the second quarter, which showed that the UK economy had plunged into...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Flat as German Data Confirms Expectations of ‘V’-Shaped Recovery

7 Aug 2020 at 11 AM - Written by John Cameron

Pound Sterling Euro (GBP/EUR) Exchange Rate Muted as German Exports Jump 14.9% The Pound Sterling Euro (GBP/EUR) exchange rate remained flat on Friday, leaving the pairing trading at around €1.1074. The Euro received some support this morning after data revealed that overall export demand in Germany increased. Demand from China...

CATEGORIES: Euro Pound Forecasts

EUR to USD Exchange Rate Struggles to Hold 2-Year-Best amid Optimistic US Job Figures

6 Aug 2020 at 5 PM - Written by Frank Davies

While Eurozone data continues to impress investors, markets are hesitant to keep buying the already strong Euro to US Dollar (EUR/USD) exchange rate even higher. With some of this week’s noteworthy US data beating expectations, the US Dollar is doing a little better at avoiding further losses. Still, the US economic outlook remains...

CATEGORIES: American Dollar Forecasts Euro Forecasts