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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.

Euro to Pound Exchange Rate Forecast: Are EUR/GBP Losses Incoming on Falling Eurozone Confidence?

19 Apr 2018 at 3 PM - Written by James Fuller

On 18th April’s trading session, the Euro to Pound exchange rate (EUR/GBP) opened in the region of 0.8653 and rose to close higher around 0.8714. This appreciation was primarily because the Pound tumbled in value during the day; the morning’s Eurozone data ended up missing forecasts. In the former case, Sterling was significantly...

CATEGORIES: Euro Pound Forecasts

GBP to EUR Exchange Rate Plummets as Slowing UK Inflation Knocks Bank of England (BoE) Interest Rate Hike Bets

18 Apr 2018 at 12 PM - Written by Minesh Chaudhari

Following weeks of solid performance in Sterling, the British Pound to Euro (GBP/EUR) exchange rate plummeted on Wednesday. Pound investors were highly concerned by Britain’s surprisingly slow March inflation rate and Bank of England (BoE) interest rate hike bets fell as markets anticipated further signals from the bank. Last week saw...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Fluctuates amid Recession Warnings for Germany

17 Apr 2018 at 3 PM - Written by John Cameron

UK Unemployment Hits 42-Year Low – Pound (GBP) Exchange Rates Find some Support The Pound Euro (GBP/EUR) exchange rate fluctuated on Tuesday, limited initially by a below-forecast UK wage growth report but gaining later into the day on the back of recession concerns for the bloc’s largest economy. According to the Office for...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Strengthened by BoE Rate Speculation

16 Apr 2018 at 1 PM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate is trending higher today as markets focus on upcoming UK data and its possible impact on the Bank of England’s (BoE) monetary policy. Pound (GBP) Buoyed by BoE rate Expectations The Pound is pushing higher against the Euro this morning as expectations of an interest rate hike from the BoE next...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Exchange Rate Rises 0.5% as European Central Bank (ECB) Accounts Devalue Euro

12 Apr 2018 at 3 PM - Written by Toni Johnson

On Wednesday, the Pound to Euro exchange rate fluctuated but ultimately closed down slightly lower than its opening level. The GBP/EUR exchange rate opened in the region of 1.1470 on Wednesday morning, later falling to a marginally lower range of 1.1467 by the evening. The day’s UK data was negative for the most part, showing among...

CATEGORIES: Pound Euro Forecasts

Euro US Dollar (EUR/USD) Exchange Rate Trades Sideways as China Capitulates on Trade

10 Apr 2018 at 1 PM - Written by John Cameron

ECB Nowotny Promotes Summer end to Bond Purchasing Scheme – EUR Exchange Rates Supported The Euro US Dollar (EUR/USD) exchange rate traded sideways on Tuesday, bolstered by hawkish comments from European Central Bank (ECB) Policymaker Ewald Nowotny but limited by news that China is willing to capitulate on trade. Mr Nowotny asserted...

CATEGORIES: Euro Forecasts

Euro Pound (EUR/GBP) Exchange Rate Down as German Data Misses its Mark

9 Apr 2018 at 12 PM - Written by John Cameron

German Exports Unexpectedly Plunge – Euro (EUR) Exchange Rates Flounder The Euro Pound (EUR/GBP) exchange rate pared recent gains on Monday, falling as markets responded to yet another below-forecast data release from the bloc’s largest economy. According to figures from the Federal Statistics Office, German exports plunged...

CATEGORIES: Euro Pound Forecasts

Euro US Dollar (EUR/USD) Exchange Rate Slips as Trade War Fears Take Temporary Reprieve

5 Apr 2018 at 12 PM - Written by John Cameron

Eurozone Retail Sales Fall – Euro (EUR) Exchange Rates Pare Recent Gains The Euro US Dollar (EUR/USD) exchange rate fell on Thursday, paring recent gains as markets reacted to a range of below-forecast domestic data releases and cooling anxieties on the US-China trade negotiation front. According to Eurostat, retail sales the bloc...

CATEGORIES: Euro Forecasts

GBP/EUR Exchange Rate Update: Pound to Euro Advance Seen after UK Manufacturing PMI Rises

3 Apr 2018 at 5 PM - Written by John Cameron

Last week, the Pound to Euro (GBP/EUR) exchange rate opened in the region of 1.1447 and late closed down lower around 1.1371. This overall week-long deterioration was due to disappointing UK GDP growth rate data, which indicated that the country was the only major developed nation to see slowing growth in 2017. As well as GDP data...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Fluctuating Ahead of Thursday’s Key UK and Eurozone Datasets

28 Mar 2018 at 4 PM - Written by Frank Davies

Hopes that the UK government was closer to finding a solution to the persistent issue of the Irish border post-Brexit was not enough to help the British Pound to Euro (GBP/EUR) exchange rate to sustain gains on Wednesday. The pair instead fluctuated ahead of Thursday’s key datasets. Due to end of quarter fixings and mixed market...

CATEGORIES: Pound Euro Forecasts