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

Pound to Euro Exchange Rate Forecast: GBP/EUR Firms as German GDP Impresses

24 Feb 2021 at 10 AM - Written by John Cameron

STORY LINK Pound to Euro Exchange Rate Forecast: GBP/EUR Firms as German GDP Impresses

The Pound to Euro exchange rate firmed this morning as positive GDP data from Germany helped to bolster EUR. At the time of writing the pair are currently trading at around 1.1651. Pound (GBP) Finding Continued Support from UK Lockdown Easing The Pound was supported this morning as more details emerge from the UK Government’s...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Outlook: Pound to Euro Exchange Rate Rangebound as UK Awaits PM Roadmap

22 Feb 2021 at 10 AM - Written by John Cameron

STORY LINK GBP/EUR Outlook: Pound to Euro Exchange Rate Rangebound as UK Awaits PM Roadmap

GBP/EUR Exchange Rate Investors Optimistic Over Lockdown Easing The Pound remained steady this morning, as the day arrives for Prime Minister Boris Johnson to announce his ‘roadmap’ out of the third national lockdown which was implemented to combat the coronavirus pandemic. Although the Prime Minister is not expected to speak until...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Forecast: Pound to Euro Exchange Rate Falls as UK Retail Sales Disappoint

19 Feb 2021 at 11 AM - Written by John Cameron

STORY LINK GBP/EUR Forecast: Pound to Euro Exchange Rate Falls as UK Retail Sales Disappoint

The Pound to Euro exchange rate has found itself struggling this morning on the back of disappointing data from the UK. At the time of writing the pairing are currently trading at around 1.1528. Pound (GBP) Struggles as UK Retail Sales Miss Forecasts The Pound found its gains tempered this morning as retail sales data from the UK...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Exchange Rate Rises as UK Inflation Edges Higher

17 Feb 2021 at 11 AM - Written by John Cameron

STORY LINK Pound to Euro Exchange Rate Rises as UK Inflation Edges Higher

The Pound to Euro (GBP/EUR) exchange rate was pushing above 1.15 this morning as positive inflation data from the UK edged higher. At the time of writing the pair are currently trading at around 1.1509. Pound (GBP) Supported by Inflation Rise in UK The Pound was gaining this morning as year-on-year inflation for January edged higher to...

CATEGORIES: Pound Euro Forecasts

Euro US Dollar Exchange Rate Rallies as German Exports Show Surprise Growth

9 Feb 2021 at 5 PM - Written by Frank Davies

STORY LINK Euro US Dollar Exchange Rate Rallies as German Exports Show Surprise Growth

Euro US Dollar Exchange Rate Shakes off Narrowed German Trade Surplus A sharper-than-expected narrowing of the German trade surplus was not enough to knock the Euro to US Dollar (EUR/USD) exchange rate off its positive footing. Even though the headline trade surplus narrowed from €16.7 billion to €14.8 billion this failed to put the...

CATEGORIES: Euro Forecasts

Pound to Euro Rates Steady as UK Covid-19 Vaccine Rollout Buoys Business Morale

3 Feb 2021 at 4 PM - Written by John Cameron

STORY LINK Pound to Euro Rates Steady as UK Covid-19 Vaccine Rollout Buoys Business Morale

GBP/EUR Exchange Rate Rangebound as Fears Rise Over UK Contraction The Pound to Euro exchange rate held steady today, with the pairing currently fluctuating around €1.13. Sterling was rangebound against the single currency today despite concerns that the UK economy could be set for a contraction in the first quarter. However, the...

CATEGORIES: Euro Forecasts Pound Euro Forecasts

Euro to Pound Exchange Rate Falls as German Business Morale Suffers

26 Jan 2021 at 4 PM - Written by John Cameron

STORY LINK Euro to Pound Exchange Rate Falls as German Business Morale Suffers

EUR/GBP Exchange Rate Sinks as Outlook for Eurozone’s Economy Darkens on ‘Little Confidence’ The Euro to Pound exchange rate fell today, with the pairing currently fluctuating around £0.88. The Euro suffered today following Monday’s publication of the latest German business morale figure, which printed below forecasts and...

CATEGORIES: Euro Pound Forecasts

GBP/EUR: Pound Euro Exchange Rate Rallies as UK Inflation Rate Betters Forecast

20 Jan 2021 at 3 PM - Written by Frank Davies

STORY LINK GBP/EUR: Pound Euro Exchange Rate Rallies as UK Inflation Rate Betters Forecast

GBP/EUR Exchange Rate Strengthens as UK Inflation Rises The Pound to Euro (GBP/EUR) exchange rate picked up sharply as the headline UK inflation rate bettered forecasts for December. As the inflation rate strengthened from 0.3% to 0.6% on the year this encouraged investors to buy back into the Pound, betting that the Bank of England...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Loses Ground as German Economic Sentiment Jumps

19 Jan 2021 at 4 PM - Written by Frank Davies

STORY LINK Pound Euro Exchange Rate Loses Ground as German Economic Sentiment Jumps

Pound Euro Exchange Rate Under Pressure as German Economic Sentiment Strengthens A better-than-expected uptick in the German ZEW economic sentiment index saw the Pound to Euro (GBP/EUR) exchange rate trending lower. While forecasts had pointed towards a reading of 60 the index instead clocked in at 61.8, suggesting that sentiment picked...

CATEGORIES: Pound Euro Forecasts

Euro to US Dollar (EUR/USD) Exchange Rate Falls as Demand for Safe-Haven ‘Greenback’ Rises

13 Jan 2021 at 4 PM - Written by John Cameron

STORY LINK Euro to US Dollar (EUR/USD) Exchange Rate Falls as Demand for Safe-Haven ‘Greenback’ Rises

EUR/USD Exchange Rate Edges Higher as Speculation Grows Over Fed Easing Stimulus The Euro to US Dollar (EUR/USD) exchange rate fell by -0.3% today, with the pairing currently fluctuating around $1.21. The US Dollar (USD) rose today as demand for the safe-haven ‘Greenback’ has risen due to rising concerns over the soaring number of...

CATEGORIES: American Dollar Forecasts Euro Forecasts

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