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

Euro to Pound Exchange Rate Holds Ground Despite Slowing Eurozone Inflation

17 Dec 2018 at 4 PM - Written by Tim Boyer

STORY LINK Euro to Pound Exchange Rate Holds Ground Despite Slowing Eurozone Inflation

The Euro to British Pound (EUR/GBP) exchange rate held its ground on Monday, despite the latest Eurozone data falling short of expectations and hinting that the European Central Bank (ECB) was right to take a more dovish tone last week. Lasting Brexit uncertainties made it easier for the Euro to avoid losses versus the Pound. Brexit...

CATEGORIES: Euro Pound Forecasts

Pound to Euro: Exchange Rate Slips as UK PM Theresa May Survives No Confidence Vote

12 Dec 2018 at 4 PM - Written by Toni Johnson

STORY LINK Pound to Euro: Exchange Rate Slips as UK PM Theresa May Survives No Confidence Vote

GBP/EUR Exchange Rate Jumps Back to €1.11 On News of No-Confidence Vote  The expectation that Prime Minister Theresa May will survive tonight’s vote of no confidence sent the Pound soaring on Wednesday, with GBP/EUR jumping 0.7% to trade in the region of €1.1115.   The outcome of the vote is likely to encourage further movement...

CATEGORIES: Pound Euro Forecasts

Relief: Pound to Euro Exchange Rate Edges Away from Worst Levels despite Persisting Brexit Uncertainties

11 Dec 2018 at 5 PM - Written by James Fuller

STORY LINK Relief: Pound to Euro Exchange Rate Edges Away from Worst Levels despite Persisting Brexit Uncertainties

As UK PM Theresa May rushed around the EU to acquire assurances on some details of her negotiated UK-EU Brexit deal, some investors opted to buy the embattled British Pound to Euro (GBP/EUR) exchange rate back from its worst levels on Tuesday. Sterling’s gains were ultimately limited, despite economic and political uncertainties weighing on...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Forecast: Second Week of Exchange Rate Losses as Brexit Uncertainties Build

7 Dec 2018 at 11 AM - Written by Toni Johnson

STORY LINK Pound to Euro Forecast: Second Week of Exchange Rate Losses as Brexit Uncertainties Build

The British Pound to Euro exchange rates have been unable to benefit from weakness in the single currency or brief rises in speculation that the Brexit process could be somehow avoided altogether. Since opening this week at the level of 1.1265, GBP/EUR has trended with a significant downside bias. GBP/EUR touched a two month low of 1.1186...

CATEGORIES: Pound Euro Forecasts

Euro to Pound Exchange Rate Falls as US-China Tensions Have Potential to be Reignited

6 Dec 2018 at 3 PM - Written by John Cameron

STORY LINK Euro to Pound Exchange Rate Falls as US-China Tensions Have Potential to be Reignited

Today has seen global stock markets slump for a third day in a row, as there are fears fresh tensions between the US and China may emerge as the result of the arrest of tech giant Huawei’s chief financial officer, Meng Wanzhou in Vancouver, where she is facing extradition to the USA. Better-than-expected German factory order figures...

CATEGORIES: Euro Pound Forecasts

Pound to Euro (GBP/EUR) Exchange Rate Struggles to Climb as Brexit Fears Persist and German Data Improves

6 Dec 2018 at 10 AM - Written by Ben Hughes

STORY LINK Pound to Euro (GBP/EUR) Exchange Rate Struggles to Climb as Brexit Fears Persist and German Data Improves

The Pound Sterling (GBP) outlook could change significantly over the next few weeks – with one of the most pivotal Brexit developments events set for next week. As a result, investors are hesitant to keep buying the British Pound to Euro (GBP/EUR) exchange rate and the pair shed most of its Wednesday recovery attempt overnight. Since...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Falls Back in Spite of Solid UK Construction PMI

4 Dec 2018 at 3 PM - Written by Frank Davies

STORY LINK Pound Euro Exchange Rate Falls Back in Spite of Solid UK Construction PMI

November’s solid UK construction PMI was not enough to keep the Pound Sterling to Euro (GBP/EUR) exchange rate on a stronger footing for long. Even though the headline PMI showed an improvement on the month, with business confidence lifting away from its recent multi-month lows, the Pound struggled to hold onto a sense of...

CATEGORIES: Pound Euro Forecasts

Euro US Dollar (EUR/USD) Exchange Rate Rallies as Eurozone Data Impresses

29 Nov 2018 at 4 PM - Written by John Cameron

STORY LINK Euro US Dollar (EUR/USD) Exchange Rate Rallies as Eurozone Data Impresses

EUR/USD Exchange Rate Rallies as Slew of Positive Data is Released from Eurozone The Euro US Dollar (EUR/USD) exchange rate has rallied after a range of positive and better-than-predicted data was released from the Eurozone. Eurozone business climate figures for November grew higher than expected from 1.01 to 1.09 despite a predicted...

CATEGORIES: Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Struggles as BoE Raises ‘No-Deal’ Brexit Alarm

29 Nov 2018 at 2 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Struggles as BoE Raises ‘No-Deal’ Brexit Alarm

GBP/EUR Exchange Rate Down after BoE’s ‘Project Hysteria’ Forecast The Pound Euro (GBP/EUR) exchange rate is down today after the Bank of England (BoE) predicted a dire Sterling drop of up to 25% if the UK faced a ‘no-deal’ Brexit scenario. The Governor of the Bank of England, Mark Carney raised the alarm, saying: ‘[W]e...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Rises as German Consumer Confidence Slips

28 Nov 2018 at 3 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Rises as German Consumer Confidence Slips

GBP/EUR Exchange Rate Recovers Ground on Poor German Consumer Confidence Data The Pound Euro (GBP/EUR) exchange rate gained ground today, and is currently trading at €1.1336, after the release of Germany’s poor Gfk consumer confidence figures dampened investor confidence in the single currency. The EUR was also hit after its initial...

CATEGORIES: Pound Euro Forecasts

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