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

GBP EUR Exchange Rate Remains Under Pressure in Spite of Higher UK Inflation

15 Aug 2018 at 1 PM - Written by Ben Hughes

STORY LINK GBP EUR Exchange Rate Remains Under Pressure in Spite of Higher UK Inflation

The Pound Euro (GBP/EUR) exchange rate struggled to find any fresh traction on the back of July’s UK consumer price index, in spite of the headline figure strengthening. While inflation accelerated to 2.5% on the year, in line with market forecasts, this was not enough to shore up Pound Sterling against its rivals. As the monthly...

CATEGORIES: Pound Euro Forecasts

Euro to US Dollar Exchange Rate News: EUR/USD Rises as Turkish Economic Crisis Continues

13 Aug 2018 at 4 PM - Written by Ben Hughes

STORY LINK Euro to US Dollar Exchange Rate News: EUR/USD Rises as Turkish Economic Crisis Continues

Last week, the Euro to US Dollar (EUR/USD) exchange rate opened in the range of $1.1562 on Monday and closed down lower at $1.1420 on Friday. This overall deterioration for the single currency was down to growing concerns that a Turkish economic collapse could negatively affect Eurozone banks. European Central Bank (ECB) officials...

CATEGORIES: Euro Forecasts

GBP to EUR Exchange Rate Rebounds from Worst Levels in Profit Taking

9 Aug 2018 at 3 PM - Written by Tim Boyer

STORY LINK GBP to EUR Exchange Rate Rebounds from Worst Levels in Profit Taking

Amid a lack of fresh reasons to sell the Pound in recent sessions, the British Pound to Euro (GBP/EUR) exchange rate recovered slightly on Thursday. However, analysts predict the Pound’s potential for gains is limited, and that its Thursday gains are likely more due to profit taking and anticipation for upcoming UK data. Due to days of...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Remains Under Pressure as German Exports Hold Steady

7 Aug 2018 at 3 PM - Written by Frank Davies

STORY LINK GBP EUR Exchange Rate Remains Under Pressure as German Exports Hold Steady

Disappointing German industrial production figures were not enough to shore up the Pound Sterling Euro (GBP/EUR) exchange rate on Tuesday. While the Eurozone’s powerhouse economy continued to demonstrate signs of weakness the Euro remained on a generally stronger footing against its rivals. Even though German export volumes stagnated...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Gains Ground as Eurozone PMIs Reveal Signs of Slowing Growth

24 Jul 2018 at 3 PM - Written by Frank Davies

STORY LINK GBP EUR Exchange Rate Gains Ground as Eurozone PMIs Reveal Signs of Slowing Growth

Support for the Pound Sterling Euro (GBP/EUR) exchange rate picked up somewhat on Tuesday, largely thanks to a disappointing round of Eurozone PMIs. While the Eurozone manufacturing sector showed signs of increased momentum this was counterbalanced by a disappointing performance from the service sector. As a result, the composite PMI...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Retreats as UK Labour Report Fails to Impress

17 Jul 2018 at 1 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Retreats as UK Labour Report Fails to Impress

The Pound Euro (GBP/EUR) exchange rate is trending lower today, following the release of some lacklustre wage figures from the UK. Pound (GBP) Exchange Rate Stalls as UK Wage Growth Slows The Pound (GBP) is sliding against the Euro (EUR) and the majority of its other peers this morning as markets reacted to the latest UK employment...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Exchange Rate News: Pound Sterling Weakens on Threat of Brexit Coup

16 Jul 2018 at 4 PM - Written by Tim Boyer

STORY LINK GBP/EUR Exchange Rate News: Pound Sterling Weakens on Threat of Brexit Coup

Last week’s currency movement saw the Pound to Euro exchange rate open trading in the €1.1303 and after five days of fluctuation, close up higher at a level of €1.1316. Weekly trading began on a positive note for Pound Sterling, when May’s GDP figure and a Q2 GDP estimate both showed growth. These results respectively came from...

CATEGORIES: Pound Euro Forecasts

Euro US Dollar (EUR/USD) Exchange Rate Subdued as US Inflation Climbs to Six-Year High

12 Jul 2018 at 2 PM - Written by John Cameron

STORY LINK Euro US Dollar (EUR/USD) Exchange Rate Subdued as US Inflation Climbs to Six-Year High

The Euro US Dollar (EUR USD) exchange rate remained flat on Thursday as markets reacted to the latest US Consumer Price Index. US Dollar (USD) Subdued as US Inflation Jumps a Six-Year High The US Dollar (USD) is struggling to find any ground against the Euro (EUR) this afternoon despite an uptick in latest US CPI figures. According...

CATEGORIES: Euro Forecasts

EUR/GBP Exchange Rate News: Euro to Pound Exchange Rate Losses Triggered by Poor German Confidence Data

10 Jul 2018 at 5 PM - Written by Minesh Chaudhari

STORY LINK EUR/GBP Exchange Rate News: Euro to Pound Exchange Rate Losses Triggered by Poor German Confidence Data

On Monday, the Euro to Pound exchange rate opened in the region of £0.8839 and closed higher in the region of £0.8870. This closing improved level was slightly below the day’s best EUR/GBP exchange rate, a high of £0.8892 seen at the height of Pound Sterling weakness. The sudden shift in EUR/GBP trading was caused by two...

CATEGORIES: Euro Pound Forecasts

Pound Sterling News: Pound to Euro Exchange Rate Drops -0.4% as Brexit Worries Hit Home

5 Jul 2018 at 5 PM - Written by Toni Johnson

STORY LINK Pound Sterling News: Pound to Euro Exchange Rate Drops -0.4% as Brexit Worries Hit Home

On Wednesday, the Pound to Euro exchange rate opened in the region of 1.1316 and closed higher around 1.1344 by the end of daily trading. The GBP/EUR exchange rate was mainly aided by the morning’s UK services PMI, which revealed unexpected growth in June. Chartered Institute of Procurement and Supply Group Director Duncan Brock...

CATEGORIES: Pound Euro Forecasts

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