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

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

EUR to USD Exchange Rate Slumps to 4-Month-Worst amid Deepening Concerns over German Factory Activity

7 Feb 2020 at 12 PM - Written by Ben Hughes

STORY LINK EUR to USD Exchange Rate Slumps to 4-Month-Worst amid Deepening Concerns over German Factory Activity

Already benefitting from slightly softer safe haven demand this week, the US Dollar has easily been able to sustain considerable gains and push the Euro to US Dollar (EUR/USD) exchange rate considerably lower due to fresh weakness in the Euro. Investors are selling the shared currency due to strength in its rival the US Dollar, but this...

CATEGORIES: American Dollar Forecasts Euro Forecasts

GBP to EUR Exchange Rate Rebounds from Fortnight Worst as UK Data Continues to Beat Expectations

4 Feb 2020 at 3 PM - Written by Tim Boyer

STORY LINK GBP to EUR Exchange Rate Rebounds from Fortnight Worst as UK Data Continues to Beat Expectations

Following yesterday’s broad plummet in the Pound, the British Pound to Euro (GBP/EUR) exchange rate has steadied somewhat today. Investors are hesitant to sell the Pound too much, as recent data keeps Bank of England (BoE) speculation low. Meanwhile, investors are hesitant to buy the Euro too much amid a lack of strong support for the...

CATEGORIES: Pound Euro Forecasts

Euro US Dollar (EUR/USD) Exchange Rate Slumps as German Manufacturing Spends 13th Month in Contraction

3 Feb 2020 at 1 PM - Written by John Cameron

STORY LINK Euro US Dollar (EUR/USD) Exchange Rate Slumps as German Manufacturing Spends 13th Month in Contraction

Euro US Dollar (EUR/USD) Exchange Rate Slumps as German Staff Cuts Continue The Euro US Dollar (EUR/USD) exchange rate slumped at the start of the week, leaving the pairing trading at around $1.1064. The single currency fell despite data showing that the German manufacturing PMI rose to an 11-month high in the first month of 2020....

CATEGORIES: American Dollar Forecasts Euro Forecasts

GBP to EUR Exchange Rate Jumps as Bank of England (BoE) Avoids Big Dovish Shift

30 Jan 2020 at 2 PM - Written by James Fuller

STORY LINK GBP to EUR Exchange Rate Jumps as Bank of England (BoE) Avoids Big Dovish Shift

Concerns that the Bank of England (BoE) could suddenly cut UK interest rates today quickly faded after the bank’s policy decision, and the British Pound to Euro (GBP/EUR) exchange rate experienced a rebound in demand. As much of the Pound’s recent weakness was due to speculation of an imminent BoE rate cut, today’s BoE decision was...

CATEGORIES: Pound Euro Forecasts

Euro to Pound Exchange Rate: EUR/GBP Dips as German Confidence Data Shows Limited Signs of Recovery

27 Jan 2020 at 1 PM - Written by Toni Johnson

STORY LINK Euro to Pound Exchange Rate: EUR/GBP Dips as German Confidence Data Shows Limited Signs of Recovery

While Bank of England (BoE) interest rate cut speculation persists and demand for the Pound is limited, the Euro to British Pound (EUR/GBP) exchange rate continues to see weak performance today. The Euro has been lacking in support lately, and this morning’s Eurozone data has done little to change that. For now, Euro and Pound investors are...

CATEGORIES: Euro Pound Forecasts

Pound Euro (GBP/EUR) Exchange Rate Surges Thanks to Leap in UK Business Optimism

22 Jan 2020 at 3 PM - Written by Frank Davies

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Surges Thanks to Leap in UK Business Optimism

Surge in UK Business Optimism Fuels Pound Euro (GBP/EUR) Exchange Rate Leap The Pound Sterling to Euro (GBP/EUR) exchange rate made strong gains on Wednesday, benefitting from a surprise return to positivity for the CBI business optimism index. As the index leapt from -44 to 23 on the quarter this encouraged investors to pile back into...

CATEGORIES: Pound Euro Forecasts

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