Currency News

Daily Exchange Rate Forecasts & Currency News

Euro Forecast Directory - Page #155

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

Euro to US Dollar (EUR/USD) Exchange Rate Falls as Demand for Safe-Haven ‘Greenback’ Rises

13 Jan 2021 at 4 PM - Written by John Cameron

EUR/USD Exchange Rate Edges Higher as Speculation Grows Over Fed Easing Stimulus The Euro to US Dollar (EUR/USD) exchange rate fell by -0.3% today, with the pairing currently fluctuating around $1.21. The US Dollar (USD) rose today as demand for the safe-haven ‘Greenback’ has risen due to rising concerns over the soaring number of...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Euro to US Dollar Exchange Rate Rangebound as Safe-Haven Demand Increases as Covid-19 Cases Rise Worldwide

12 Jan 2021 at 4 PM - Written by John Cameron

EUR/USD Exchange Rate Steady as Demand for ‘Greenback’ Steadily Rises The Euro to US Dollar (EUR/USD) exchange rate held steady today, with the pairing currently trading around $1.215. The US Dollar (USD) failed to gain against the single currency today despite demand for the safe-haven ‘Greenback’ rising. Investors are...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound to Euro (GBP/EUR) Exchange Rate Extends Downtrend as UK Services PMI Misses Forecast

6 Jan 2021 at 4 PM - Written by Frank Davies

Weaker UK Services PMI Dents Pound Euro Exchange Rate A surprise downward revision to December’s finalised UK services PMI left the Pound to Euro (GBP/EUR) exchange rate on the back foot. While forecasts had pointed towards a reading of 49.9 the PMI instead clocked in at 49.4, indicating that the sector had experienced greater...

CATEGORIES: Pound Euro Forecasts

Pound to Euro (GBP/EUR) Exchange Rate Falls as New UK Lockdown Restriction Fears Drags on Sterling

4 Jan 2021 at 5 PM - Written by John Cameron

GBP/EUR Exchange Rate Sinks on Fears of New UK Lockdown Restrictions The Pound to Euro (GBP/EUR) exchange rate fell by -1% today, with the pairing currently trading around €1.105. Sterling suffered today following comments from Prime Minister Boris Johnson, who said that there was a case for further and more severe Covid-19 lockdown...

CATEGORIES: Euro Forecasts Pound Euro Forecasts

Brexit Deal Done: Pound Euro Exchange Rate Surges as Likely Brexit Deal Today

23 Dec 2020 at 10 AM - Written by John Cameron

The Pound to Euro (GBP/EUR) exchange rate advanced by almost 1% on Wednesday PM as news broke that a no.10 source said a Brexit deal was "Possible but far from certain," adding that it could be ready by Wednesday evening. GBP/EUR jumped by almost one percent on the day but has since pulled back to trade around 1.1056. Reports earlier in...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Maintains Upward Bias on Hopes of Imminent UK-EU Trade Deal

17 Dec 2020 at 1 PM - Written by Frank Davies

Optimism over Potential Brexit Deal Continues to Fuel GBP/EUR Exchange Rate Gains In spite of UK politicians talking down the prospect of a UK-EU trade deal the Pound to Euro (GBP/EUR) exchange rate remained biased to the upside. Although Boris Johnson continued to indicate that trade on World Trade Organisation (WTO) terms remains the...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Exchange Rate Rangebound as Brexit Continues to Dominate

4 Dec 2020 at 2 PM - Written by John Cameron

The Pound to Euro (GBP/EUR) exchange rate is rangebound so far after recovering quickly from losses this morning. At the time of writing the GBP/EUR exchange rate is currently trading at around €1.1082. Pound (GBP) At Risk as Brexit Talks Thrown into Further Turmoil The Pound (GBP) opened today’s session with losses, though quickly...

CATEGORIES: Daily Currency Updates Euro Forecasts Euro Pound Forecasts Pound Sterling Forecasts

Pound Euro (GBP/EUR) Exchange Rate Falls as Odds of No-Deal Brexit Appear to Rise

2 Dec 2020 at 3 PM - Written by Frank Davies

Growing Fears of No-Deal Brexit Outcome Drove Pound Euro (GBP/EUR) Exchange Rate Lower The Pound to Euro (GBP/EUR) exchange rate plunged on Wednesday in the wake of comments from chief EU negotiator Michel Barnier. As Barnier acknowledged that three key issues continue to hold up talks, and that discussions between the UK and EU remain...

CATEGORIES: Pound Euro Forecasts

EUR to USD Exchange Rate Kept Lower by Coronavirus Jitters and Safe Haven Demand

13 Nov 2020 at 1 PM - Written by John Cameron

Despite a rise in market risk-sentiment this week, the Euro to US Dollar (EUR/USD) exchange rate has been unable to hold its ground. Concerns about the Eurozone’s coronavirus surges, combined with lingering safe haven demand, are keeping the pair under pressure. The latest Eurozone data has not been enough to boost the Euro either, and...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Stumbles Ahead of Second UK Lockdown

4 Nov 2020 at 11 AM - Written by John Cameron

Pound (GBP) Tumbles as Markets Brace for Second Lockdown The Pound (GBP) is on the backfoot against the Euro (EUR) this morning as investors brace for England to enter a second national lockdown from midnight tonight. MPs will vote on the lockdown later today, and despite some dissent from a number of Conservatives the new...

CATEGORIES: Euro Pound Forecasts