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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 Continues Slide as ECB Draghi Remains Dovish

20 Jun 2018 at 4 PM - Written by John Cameron

STORY LINK Euro Pound (EUR/GBP) Exchange Rate Continues Slide as ECB Draghi Remains Dovish

ECB President Mario Draghi Reaffirms Dovish Bank Stance – Euro Pound (EUR/GBP) Exchange Rates Tumble The Euro Pound (EUR/GBP) exchange rate continued its steady fall on Wednesday as investors reacted to dovish statements from European Central Bank (ECB) President Mario Draghi at the banking conference in Sintra, Portugal. Mr Draghi...

CATEGORIES: Euro Pound Forecasts

EUR to GBP Exchange Rate Rebounds as UK Growth Outlook Drags on Sterling

18 Jun 2018 at 4 PM - Written by Ben Hughes

STORY LINK EUR to GBP Exchange Rate Rebounds as UK Growth Outlook Drags on Sterling

As investors reassessed last week’s Central Bank developments and Britain’s economic outlook, the Euro to British Pound (EUR/GBP) exchange rate recovered slightly from its lows when markets opened on Monday. However, the pair has only recovered around half of the losses seen on Friday last week. Despite its sharp Friday fall, EUR/GBP...

CATEGORIES: Euro Pound Forecasts

Euro US Dollar (EUR/USD) Exchange Rate Accelerates Ahead of ECB Stimulus Debate

14 Jun 2018 at 12 PM - Written by John Cameron

STORY LINK Euro US Dollar (EUR/USD) Exchange Rate Accelerates Ahead of ECB Stimulus Debate

The Euro US Dollar (EUR USD) exchange rate continues to press higher this morning as investors await the conclusion of the European Central Bank’s (ECB) latest policy meeting. Euro (EUR) Appreciates as ECB Stimulus Debate in Spotlight The Euro (EUR) continues to trend higher against the US Dollar (USD) this morning as markets brace...

CATEGORIES: Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Trades Sideways on Mixed UK Labour Market Data

12 Jun 2018 at 1 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Trades Sideways on Mixed UK Labour Market Data

UK Wage Growth Weakens – Pound Euro (GBP/EUR) Exchange Rate Limited The Pound Euro (GBP/EUR) exchange rate traded sideways on Tuesday, limited by a mixed round of UK labour market statistics and recurrent investor anxiety ahead of the Commons vote on whether MP’s will have a decisive say on the final Brexit deal struck with the...

CATEGORIES: Pound Euro Forecasts

Poor Eurozone Output Data Pushes GBP/EUR Exchange Rate Up by 0.3% Today

8 Jun 2018 at 11 AM - Written by James Fuller

STORY LINK Poor Eurozone Output Data Pushes GBP/EUR Exchange Rate Up by 0.3% Today

On Thursday, the Pound to Euro (GBP/EUR) exchange rate opened in the region of 1.1391 and closed lower around 1.1377. This minor decline was caused by GBP trader uncertainty about the potential resignation of Brexit Secretary David Davis. The issue at hand was the Brexit ‘backstop’, which is a planned ‘safety net’ policy that...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Exchange Rate Drops on Forecast Difficulties with Brexit ‘Backstop’

7 Jun 2018 at 4 PM - Written by Ben Hughes

STORY LINK GBP/EUR Exchange Rate Drops on Forecast Difficulties with Brexit ‘Backstop’

On Wednesday, the Pound to Euro exchange rate opened in the region of 1.1434 but closed down lower around 1.1390. There was little solid UK economic data out on the day, which instead left Pound Sterling at the mercy of trader reactions to a document from the European Commission. The document warned EU businesses that they should be...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Surges Higher on Hopes of Stronger Second Quarter UK Growth

5 Jun 2018 at 4 PM - Written by James Fuller

STORY LINK GBP EUR Exchange Rate Surges Higher on Hopes of Stronger Second Quarter UK Growth

A better-than-expected UK services PMI encouraged the Pound Euro (GBP/EUR) exchange rate to push higher on Tuesday, driven by improved confidence in the outlook of the domestic economy. Investors took encouragement from signs that the economy has bounced back from the weakness seen in March, boosting bets that the slowdown was only...

CATEGORIES: Pound Euro Forecasts

EUR to GBP Exchange Rate Climbs on Calming Political Jitters Despite Mixed Eurozone Data

4 Jun 2018 at 1 PM - Written by Minesh Chaudhari

STORY LINK EUR to GBP Exchange Rate Climbs on Calming Political Jitters Despite Mixed Eurozone Data

Despite some mixed Eurozone data in recent sessions and some slightly better than expected data from the UK, the Euro to British Pound (EUR/GBP) exchange rate has been climbing since markets opened this week. The pair could climb even further if Tuesday’s UK services PMI disappoints investors. Eurozone political jitters caused EUR/GBP to...

CATEGORIES: Euro Pound Forecasts

EUR/GBP Exchange Rate Rises as Eurozone Inflation Rises above Forecasts

31 May 2018 at 11 AM - Written by Tim Boyer

STORY LINK EUR/GBP Exchange Rate Rises as Eurozone Inflation Rises above Forecasts

On Wednesday, the Euro to Pound (EUR/GBP) exchange rate opened in the region of 0.8705 and closed up higher around 0.8781. In the bigger picture, this only represented a recovery for the Euro which has struggled recently because of Italian political instability. Ironically, Italian news was behind yesterday’s Euro rise because of a...

CATEGORIES: Euro Pound Forecasts

GBP/EUR Exchange Rate Drops -0.5% after Gloomy UK Economic Forecasts

30 May 2018 at 4 PM - Written by Ben Hughes

STORY LINK GBP/EUR Exchange Rate Drops -0.5% after Gloomy UK Economic Forecasts

On Tuesday, the Pound to Euro exchange rate (GBP/EUR) opened around 1.1448 and closed slightly higher at 1.1487. Poor Predictions for UK Economy Cause GBP/EUR Exchange Rate Losses The Pound has struggled against the Euro today, falling by -0.5% in the pairing. A lack of solid UK economic data has worsened the situation, with negative...

CATEGORIES: Pound Euro Forecasts

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