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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 Growth Figures Contract in Second Quarter

14 Aug 2019 at 4 PM - Written by John Cameron

STORY LINK Euro Pound (EUR/GBP) Exchange Rate Sinks as German Growth Figures Contract in Second Quarter

EUR/GBP Exchange Rate Falls as German Recession Fears Increase The Euro Pound (EUR/GBP) exchange rate fell today, leaving the pairing fluctuating around £0.924 following this morning’s publication of the German growth figures for the second quarter, which contracted to a worse-than-expected -0.1%. Carsten Brzeski, an analyst at ING,...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Disappointing German Construction PMI Causes Euro US Dollar (EUR/USD) Exchange Rate to Slide

6 Aug 2019 at 5 PM - Written by John Cameron

STORY LINK Disappointing German Construction PMI Causes Euro US Dollar (EUR/USD) Exchange Rate to Slide

Euro US Dollar (EUR/USD) Exchange Rate Slides as German Construction PMI Falls into Contraction The Euro US Dollar (EUR/USD) exchange rate slumped and the pairing is currently trading at an inter-bank rate of $1.1196. This morning data revealed that German construction activity slumped for the first time in nine-months. The Euro...

CATEGORIES: American Dollar Forecasts Euro Forecasts

September ECB Rate Cut Leaves Euro US Dollar (EUR/USD) Exchange Rate Flat

26 Jul 2019 at 1 PM - Written by John Cameron

STORY LINK September ECB Rate Cut Leaves Euro US Dollar (EUR/USD) Exchange Rate Flat

Euro US Dollar (EUR/USD) Exchange Rate Muted as 2019 Eurozone Rebound ‘Less Likely’ The Euro US Dollar (EUR/USD) exchange rate remained muted and the pairing is currently trading at an inter-bank rate of $1.1131. On Thursday, the European Central Bank (ECB) left interest rates unchanged as widely expected. The decision not to...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Fears UK has Slipped into a Recession Leaves Euro Pound Sterling (EUR/GBP) Exchange Rate Muted

22 Jul 2019 at 5 PM - Written by John Cameron

STORY LINK Fears UK has Slipped into a Recession Leaves Euro Pound Sterling (EUR/GBP) Exchange Rate Muted

Euro Pound (EUR/GBP) Exchange Rate Flat as Chaotic No-Deal Brexit to Cause ‘Severe Downturn’ The Euro Pound Sterling (EUR/GBP) exchange rate was left flat and the pairing is currently trading at an inter-bank rate of £0.8980. On Monday, the National Institute of Economic and Social Research (NIESR) released a new set of gloomy...

CATEGORIES: Euro Pound Forecasts

EUR to GBP Exchange Rate Trends with Upside Bias despite German Recession Fears

8 Jul 2019 at 5 PM - Written by Ben Hughes

STORY LINK EUR to GBP Exchange Rate Trends with Upside Bias despite German Recession Fears

Despite more concerning Eurozone data and fresh surveys suggesting that Germany’s economy is far from out of the woods, the Euro to British Pound (EUR/GBP) exchange rate has avoided losses today and has been trending with an upside bias since markets opened. This has been due to persisting no-deal Brexit and Bank of England (BoE) interest...

CATEGORIES: Euro Pound Forecasts

Pound Sterling Euro (GBP/EUR) Exchange Rate Flat as Eurozone Retail Sales Disappoint

4 Jul 2019 at 1 PM - Written by John Cameron

STORY LINK Pound Sterling Euro (GBP/EUR) Exchange Rate Flat as Eurozone Retail Sales Disappoint

Pound Euro (GBP/EUR) Exchange Rate Muted Following Surprise Fall in Eurozone Retail Sales The Pound Sterling Euro (GBP/EUR) exchange rate remained flat and the pairing is currently trading at an inter-bank rate of €1.1139. On Thursday, Euro sentiment was dampened as the Eurozone’s monthly retail sales fell by a lower-than-forecast...

CATEGORIES: Pound Euro Forecasts

Euro US Dollar (EUR/USD) Exchange Rate Steadies as US Composite PMIs Improve

3 Jul 2019 at 4 PM - Written by John Cameron

STORY LINK Euro US Dollar (EUR/USD) Exchange Rate Steadies as US Composite PMIs Improve

EUR/USD Exchange Rate Flat as US Manufacturing Eases The Euro US Dollar (EUR/USD) exchange rate steadied today and is currently trading around $1.129 on the interbank market. The US Dollar (USD) stabilised against the Euro (EUR) following the publication of the US Markit PMI Composite figures for June, which rose from 50.9 to...

CATEGORIES: American Dollar Forecasts Euro Forecasts

EUR to GBP Exchange Rate Avoids Significant Losses amid Latest European Central Bank (ECB) Speculation

2 Jul 2019 at 4 PM - Written by Ben Hughes

STORY LINK EUR to GBP Exchange Rate Avoids Significant Losses amid Latest European Central Bank (ECB) Speculation

Mixed movement in both the Euro and Pound has left the Euro to British Pound (EUR/GBP) exchange rate fluctuating broadly this week so far. Investors are hesitant to keep selling the pair despite its high levels though, as European Central Bank (ECB) speculation keeps the Euro buoyed and the latest UK data and Brexit speculation keeps pressure...

CATEGORIES: Euro Pound Forecasts

EUR to USD Exchange Rate Rebounds from Weekly Worst despite Mixed EUR Support

1 Jul 2019 at 1 PM - Written by David Woodsmith

STORY LINK EUR to USD Exchange Rate Rebounds from Weekly Worst despite Mixed EUR Support

Due to some stronger than expected Eurozone data, concerns about this morning’s worse than expected Eurozone factory data lightened and the Euro to US Dollar (EUR/USD) exchange rate was able to rebound from its worst levels in over a week. The US Dollar remained stronger overall though, as investors digested the weekend’s US-China trade...

CATEGORIES: American Dollar Forecasts Euro Forecasts

EUR to USD Exchange Rate Avoids Major Losses despite US Dollar’s Pre-G20 Rebound

27 Jun 2019 at 4 PM - Written by Minesh Chaudhari

STORY LINK EUR to USD Exchange Rate Avoids Major Losses despite US Dollar’s Pre-G20 Rebound

While some investors have been buying the US Dollar back from its lows this week, supported by US-China trade hopes and speculation that the Federal Reserve may become less dovish than previously thought, the Euro to US Dollar (EUR/USD) exchange rate has avoided significant losses. This has been due to overall US Dollar weakness, as well as...

CATEGORIES: American Dollar Forecasts Euro Forecasts

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