Currency News

Daily Exchange Rate Forecasts & Currency News

Euro Forecast Directory - Page #164

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

Euro Pound Sterling (EUR/GBP) Exchange Rate Rallies as BoE Hawk Turns Dovish

27 Sep 2019 at 5 PM - Written by John Cameron

Euro Pound (EUR/GBP) Exchange Rate Rises as BoE Rate Cut ‘Quite Plausible’ The Euro Pound Sterling (EUR/GBP) exchange rate was left muted, and the pairing is currently trading at around £0.8891. Sterling sentiment was left dampened on Friday as known Bank of England (BoE) hawk, Michael Saunders revealed that even if the UK avoids...

CATEGORIES: Euro Pound Forecasts

EUR to USD Exchange Rate Hits Weekly Worst as Eurozone Growth Concerns Deepen

23 Sep 2019 at 4 PM - Written by Toni Johnson

Following last week’s modest fall, the Euro to US Dollar (EUR/USD) exchange rate could be in for further losses this week as yet more Eurozone ecostats disappoint investors. The Euro and US Dollar have a negative correlation, so the latest Euro weakness has bolstered US Dollar strength and the latest US-China trade hopes have only supported...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Euro US Dollar (EUR/USD) Exchange Rate Benefits from Signs of US Stagnation

19 Sep 2019 at 3 PM - Written by John Cameron

Stagnant US Growth Encourages Euro US Dollar (EUR/USD) Exchange Rate Gains A surprise stagnation from August’s CB leading index helped to fuel Euro to US Dollar (EUR/USD) exchange rate gains on Thursday. This weaker showing points towards the US economy continuing to lose momentum in the third quarter, raising the risk of an...

CATEGORIES: Euro Forecasts

Heightened German Recession Fears Send Pound Sterling Euro (GBP/EUR) Exchange Rate Higher

5 Sep 2019 at 11 AM - Written by John Cameron

Pound Euro (GBP/EUR) Exchange Rate Jumps as German Factory Orders Disappoint The Pound Sterling Euro (GBP/EUR) exchange rate rose and the pairing is currently trading at an inter-bank rate of €1.1164. Disappointing German factory orders in July has increased fears the bloc’s largest economy is in a recession. Factory orders...

CATEGORIES: Pound Euro Forecasts

Euro to Pound Sterling (EUR/GBP) Exchange Rate Improves as UK-EU Brexit Negotiations Breakdown

21 Aug 2019 at 4 PM - Written by John Cameron

The Euro to Pound exchange rate rose on Wednesday 21st August, with the pairing fluctuating around £0.914 handle. Today saw Prime Minister Boris Johnson heads to Europe in an attempt to gain support to scrap the Irish backstop with German Chancellor Angela Merkel and French President Emmanuel Macron. Ed Vaizey, Conservative MP and...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

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

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

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

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

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

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