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

EUR to USD Exchange Rate Kept Lower by Coronavirus Jitters and Safe Haven Demand

13 Nov 2020 at 1 PM - Written by John Cameron

STORY LINK EUR to USD Exchange Rate Kept Lower by Coronavirus Jitters and Safe Haven Demand

Despite a rise in market risk-sentiment this week, the Euro to US Dollar (EUR/USD) exchange rate has been unable to hold its ground. Concerns about the Eurozone’s coronavirus surges, combined with lingering safe haven demand, are keeping the pair under pressure. The latest Eurozone data has not been enough to boost the Euro either, and...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Stumbles Ahead of Second UK Lockdown

4 Nov 2020 at 11 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Stumbles Ahead of Second UK Lockdown

Pound (GBP) Tumbles as Markets Brace for Second Lockdown The Pound (GBP) is on the backfoot against the Euro (EUR) this morning as investors brace for England to enter a second national lockdown from midnight tonight. MPs will vote on the lockdown later today, and despite some dissent from a number of Conservatives the new...

CATEGORIES: Euro Pound Forecasts

GBP to EUR Exchange Rate Avoiding Losses as US Election Anxiety Leaves Euro Unappealing

3 Nov 2020 at 12 PM - Written by Toni Johnson

STORY LINK GBP to EUR Exchange Rate Avoiding Losses as US Election Anxiety Leaves Euro Unappealing

Despite the Pound being hit by fresh UK coronavirus fears this week, the British Pound to Euro (GBP/EUR) exchange rate has been able to avoid losses this week so far. This is because resilient strength in the US Dollar (USD) ahead of today’s hotly anticipated US 2020 Presidential Election is keeping pressure on its rival the Euro, while the...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Rebounds on Hopes Brexit Negotiations Will Continue

14 Oct 2020 at 4 PM - Written by Frank Davies

STORY LINK GBP to EUR Exchange Rate Rebounds on Hopes Brexit Negotiations Will Continue

A lack of drive in the Euro is leaving British Pound to Euro (GBP/EUR) exchange rate movement influenced largely by the Pound so far this week. Today’s movement has been driven by speculation over the direction of UK-EU Brexit negotiations, and a lack of direction in the Euro is leaving it volatile and easily influenced by stronger...

CATEGORIES: Pound Euro Forecasts

Euro to Pound (EUR/GBP) Exchange Rate Sinks as European Covid-19 Concerns Weaken Single Currency

8 Oct 2020 at 5 PM - Written by John Cameron

STORY LINK Euro to Pound (EUR/GBP) Exchange Rate Sinks as European Covid-19 Concerns Weaken Single Currency

EUR/GBP Exchange Rate Falls as Uncertainty Surrounds Eurozone Economy The Euro to Pound (EUR/GBP) exchange rate fell by -0.2% today, with the pairing currently trading around £0.908. The Euro (EUR) failed to rise against the Pound (GBP) today despite German exports rising for their fourth consecutive month. As a result, this has...

CATEGORIES: Euro Pound Forecasts Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Steady Following Shock Slump in German Industrial Production

7 Oct 2020 at 9 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Steady Following Shock Slump in German Industrial Production

Euro (EUR) Undermined by Surprise Slump in Germany Industrial Production The Euro (EUR) is struggling to find support this morning after Germany reported a shock fall in industrial production. According to data published by German statistics agency, Destatis, domestic factory output contracted 0.2% in August having expanded 1.4% in...

CATEGORIES: Euro Pound Forecasts

Euro to Pound (EUR/GBP) Exchange Rate Sinks despite a Dovish Outlook from the European Central Bank

30 Sep 2020 at 4 PM - Written by John Cameron

STORY LINK Euro to Pound (EUR/GBP) Exchange Rate Sinks despite a Dovish Outlook from the European Central Bank

EUR/GBP Exchange Rate Falls as Covid-19 Darkens Eurozone’s Economic Outlook The Euro to Pound (EUR/GBP) exchange rate fell today, with the pairing currently trading around £0.910. The Euro (EUR) fell against the Pound (GBP) after Christine Lagarde, the President of the European Central Bank (ECB), expressed concerned over inflation....

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

EUR to USD Exchange Rate Slips as Rush to Safe Havens Boosts US Dollar

21 Sep 2020 at 5 PM - Written by David Woodsmith

STORY LINK EUR to USD Exchange Rate Slips as Rush to Safe Havens Boosts US Dollar

Despite a lack of fresh developments in Eurozone data, the Euro to US Dollar (EUR/USD) exchange rate has been tumbling today. The US Dollar is benefitting from a jump in market demand for safe havens, despite the US outlook being fairly mixed itself. Further developments in how the coronavirus pandemic will be handled in the Eurozone and US...

CATEGORIES: American Dollar Forecasts Euro Forecasts

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

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

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

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

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

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