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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 Falls as Eurozone Composite PMI Contracts

3 Apr 2020 at 3 PM - Written by John Cameron

STORY LINK Euro to US Dollar Exchange Rate Falls as Eurozone Composite PMI Contracts

EUR/USD Exchange Rate Sinks as Eurozone Economic Outlook Darkens The Euro to US Dollar (EUR/USD) exchange rate fell by -0.4% today after March’s Eurozone composite PMI report fell deeper into contraction territory than previously forecast, with the figure falling from 31.4 to 29.7. The pairing is currently trading around $1.07. Chris...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Rises as Eurozone’s Inflation Falls in March

31 Mar 2020 at 3 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Rises as Eurozone’s Inflation Falls in March

GBP/EUR Exchange Rate Edges Higher, Eurozone ‘Coronabonds’ Divide Sparks EU Fears The Pound to Euro (GBP/EUR) exchange rate rose by 0.7% today, with the pairing currently trading around £1.129. The Euro (EUR) following this afternoon’s release of the Eurozone’s preliminary core inflation report for March, which fell to a...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Edges Higher as German Recession Inevitable

30 Mar 2020 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Edges Higher as German Recession Inevitable

Pound Sterling Euro (GBP/EUR) Exchange Rate Rises as German Recession Inevitable The Pound Sterling Euro (GBP/EUR) exchange rate edged higher today, leaving the pairing trading at around €1.1198. The single currency remained under pressure today, as Germany’s council of advisors warned that output in the country could shrink by up...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Rebounds as Markets Show Signs of Stability

25 Mar 2020 at 4 PM - Written by Ben Hughes

STORY LINK GBP to EUR Exchange Rate Rebounds as Markets Show Signs of Stability

The market is experiencing a rebound in demand for riskier assets this week, and this is helping the British Pound to Euro (GBP/EUR) exchange rate to recover a little more solidly from its recent lows. However, signs of improving fiscal action in the Eurozone is keeping the Euro fairly appealing, and overall the Pound’s appeal remains...

CATEGORIES: Pound Euro Forecasts

EUR to GBP Exchange Rate Falls Back from Decade Best as Markets Pour Into USD

19 Mar 2020 at 3 PM - Written by Tim Boyer

STORY LINK EUR to GBP Exchange Rate Falls Back from Decade Best as Markets Pour Into USD

The European Central Bank (ECB) introduced a massive stimulus package yesterday, but the Euro to British Pound (EUR/GBP) exchange rate’s reaction has been fairly mixed. The Euro has fallen from its best levels due to central bank dovishness and broad strength in its rival the US Dollar (USD). This is despite continued weakness in the Pound...

CATEGORIES: Euro Pound Forecasts

Pound Euro (GBP/EUR) Exchange Rate Steady, ECB Rate Cut Speculation Rises

5 Mar 2020 at 2 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Steady, ECB Rate Cut Speculation Rises

GBP/EUR Exchange Rate Rangebound, German Recession Fears Increase The Pound Euro (GBP/EUR) exchange rate held steady today, with the pairing currently trading around €1.155 in spite of growing expectations that the European Central Bank (ECB) could loosen its monetary policy at next Thursday’s central bank meeting. This follows...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Euro Pound (EUR/GBP) Exchange Rate Sinks as German Economic Sentiment Falls in February

18 Feb 2020 at 4 PM - Written by John Cameron

STORY LINK Euro Pound (EUR/GBP) Exchange Rate Sinks as German Economic Sentiment Falls in February

EUR/GBP Exchange Rate Falls as German Economic Outlook Darkens The Euro Pound (EUR/GBP) exchange rate fell by -0.4% today, with the pairing currently trading around £0.829 after Germany’s ZEW survey of economic sentiment for February plummeted below forecasts from 26.7 to 8.7. ZEW President Achim Wambach was downbeat in his analysis,...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

EUR to USD Exchange Rate Remains Near Yearly Worst on Eurozone Growth Concerns

17 Feb 2020 at 3 PM - Written by Tim Boyer

STORY LINK EUR to USD Exchange Rate Remains Near Yearly Worst on Eurozone Growth Concerns

Due to a lack of support from either domestic or global developments, the Euro remains unappealing and last week was yet another week of losses for the Euro to US Dollar (EUR/USD) exchange rate. Investors find the Euro unappealing due to lingering fears of a lasting slowdown in Eurozone economy, as well as the possibility that further...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Bounces Back Thanks to Eurozone Industrial Production Slump

12 Feb 2020 at 4 PM - Written by Frank Davies

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Bounces Back Thanks to Eurozone Industrial Production Slump

Weaker-than-expected Eurozone industrial production figures encouraged the Pound Sterling to Euro (GBP/EUR) exchange rate to push higher on Wednesday. While forecasts had pointed towards a fresh deterioration in production, following the falls seen in Germany and Italy, the extent of the decline caught investors off guard. As output...

CATEGORIES: Pound Euro Forecasts

Euro US Dollar (EUR/USD) Exchange Rate Steady, US Markets Brace for Fed Chair Jerome Powell Speech

11 Feb 2020 at 2 PM - Written by John Cameron

STORY LINK Euro US Dollar (EUR/USD) Exchange Rate Steady, US Markets Brace for Fed Chair Jerome Powell Speech

EUR/USD Exchange Rate Rangebound, US Business Optimism Improves The Euro US Dollar (EUR/USD) exchange rate held steady today, with the pairing currently trading around $1.092 after the NFIB Research Foundation’s US business optimism index for January beat expectations and edged higher from 102.7 to 104.3. US Dollar (USD) investors are...

CATEGORIES: American Dollar Forecasts Euro Forecasts

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