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Daily Exchange Rate Forecasts & Currency News

Euro forecast - eur euro

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

GBP to EUR Exchange Rate Sheds Weekly Gains as UK Unemployment Rises

21 Feb 2018 at 4 PM - Written by Ben Hughes

A disappointing UK job market report left the British Pound to Euro (GBP/EUR) exchange rate weaker on Wednesday, causing the pair to shed most of Tuesday’s gains. Bank of England (BoE) interest rate hike bets were dampened by news that Britain’s unemployment rate had unexpectedly risen. After last week only saw GBP/EUR edge slightly...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Surges on Reports that the EU could give the UK Privileged Access to the Single Market

20 Feb 2018 at 5 PM - Written by Toni Johnson

European Parliament Prepares to Give the UK Single Market Access Post-Brexit – GBP Exchange Rates Surge The Pound Euro (GBP/EUR) exchange rate surged on Tuesday, supported by reports that the EU is preparing to negotiate bespoke, ‘privileged’ single market access for Britain post-Brexit. According to a source close to EU...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Softens After Underwhelming January UK Retail Sales

16 Feb 2018 at 10 AM - Written by Frank Davies

As January’s UK retail sales data fell short of forecast the mood of the Pound Euro (GBP EUR) exchange rate remained rather bearish. Although sales still saw a rebound on the month, reversing some of December’s sharp -1.6% contraction, this was not enough to encourage investors. With consumer spending failing to lift as markets had...

CATEGORIES: Pound Euro Forecasts

EUR to USD Exchange Rate Nears Multi-Year Highs as US Data Fails to Support US Dollar

15 Feb 2018 at 5 PM - Written by David Woodsmith

Strong Eurozone data and rising market expectations for global growth to improve in 2018 and beyond has left the Euro to US Dollar (EUR/USD) exchange rate an appealing buy. Investors are brushing over strong US data due to bets of increasingly sturdy global growth. Despite falling from 1.2460 to 1.2251 last week amid a resurgent US Dollar,...

CATEGORIES: Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Holds Steady as US Inflation Beats Expectations

14 Feb 2018 at 4 PM - Written by John Cameron

US Inflation Smashes Forecasts – GBP/EUR Exchange Rate Gains Support The Pound Euro (GBP/EUR) exchange rate proved resilient on Wednesday, capitalising on the highly anticipated US inflation readings and the drop in demand for the Euro that ensued. The year-on-year US consumer price index (CPI) reading printed at 2.1% in January,...

CATEGORIES: Pound Euro Forecasts

Slowing Eurozone GDP Data Triggers EUR/GBP Exchange Rate Decline

14 Feb 2018 at 4 PM - Written by Toni Johnson

On Tuesday’s trading session, the Euro advanced against the Pound from an opening exchange rate of 0.8882 to close higher around 0.8897. EUR/GBP Exchange Slips after Eurozone GDP Upset The Euro to Pound exchange rate has fallen slightly today, following the news that Eurozone GDP growth has slowed in Q4. Estimates for Q4 2017 have...

CATEGORIES: Euro Pound Forecasts

EUR USD Exchange Rate Pushes Higher As US Budget Points Towards 1 Trillion Dollar Deficit

13 Feb 2018 at 2 PM - Written by Frank Davies

Markets did not react positively to the announcement of the US 2019 Fiscal Year Budget, prompting the Euro US Dollar (EUR/USD) exchange rate to trend sharply higher. Particularly concerning was the fact that the budget proposals would result in the US deficit hitting 1 trillion US Dollars in the next year, with the national debt looking...

CATEGORIES: Euro Forecasts

GBP/EUR Exchange Rate Drops on Uncertainty about BoE’s Interest Rate Outlook

9 Feb 2018 at 11 AM - Written by Ben Hughes

On Thursday’s trading session, the Pound to Euro exchange rate saw an overall advance from 1.1314 to a higher rate of 1.1365 in the evening. This closing figure was not the best daily rate, however – at the height of trading, the GBP/EUR exchange rate hit a high of 1.1442. Trader Concerns about BoE Interest Rate Decision Bring...

CATEGORIES: Pound Euro Forecasts

EUR to USD Exchange Rate Tumbles as US Dollar Recovery Continues

7 Feb 2018 at 4 PM - Written by Ben Hughes

While the Eurozone’s economic outlook remains strong, the Euro to US Dollar exchange rate has weakened in recent sessions. A stronger US Dollar has been able to recover more easily thanks to fresh uncertainties about Germany’s finance minister and the Eurozone’s growth outlook. Could this lead to the first weekly drop for EUR/USD...

CATEGORIES: Euro Forecasts

GBP/EUR Exchange Rate Stumbles as UK Service Sector See Dramatic Slowdown

5 Feb 2018 at 2 PM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate has stumbled this morning as the UK’s latest Services PMI came in well below expectations. Pound (GBP) Weakened by Slowdown in Service Sector Sterling has been put on the back foot this morning, following the release of the UK’s latest Services PMI. According to data compiled and published...

CATEGORIES: Pound Euro Forecasts