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Euro Forecast Directory - Page #167

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

GBP/EUR Forecast: Pound to Euro Exchange Rate Falls as UK Retail Sales Disappoint

19 Feb 2021 at 11 AM - Written by John Cameron

The Pound to Euro exchange rate has found itself struggling this morning on the back of disappointing data from the UK. At the time of writing the pairing are currently trading at around 1.1528. Pound (GBP) Struggles as UK Retail Sales Miss Forecasts The Pound found its gains tempered this morning as retail sales data from the UK...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Exchange Rate Rises as UK Inflation Edges Higher

17 Feb 2021 at 11 AM - Written by John Cameron

The Pound to Euro (GBP/EUR) exchange rate was pushing above 1.15 this morning as positive inflation data from the UK edged higher. At the time of writing the pair are currently trading at around 1.1509. Pound (GBP) Supported by Inflation Rise in UK The Pound was gaining this morning as year-on-year inflation for January edged higher to...

CATEGORIES: Pound Euro Forecasts

Euro US Dollar Exchange Rate Rallies as German Exports Show Surprise Growth

9 Feb 2021 at 5 PM - Written by Frank Davies

Euro US Dollar Exchange Rate Shakes off Narrowed German Trade Surplus A sharper-than-expected narrowing of the German trade surplus was not enough to knock the Euro to US Dollar (EUR/USD) exchange rate off its positive footing. Even though the headline trade surplus narrowed from €16.7 billion to €14.8 billion this failed to put the...

CATEGORIES: Euro Forecasts

Pound to Euro Rates Steady as UK Covid-19 Vaccine Rollout Buoys Business Morale

3 Feb 2021 at 4 PM - Written by John Cameron

GBP/EUR Exchange Rate Rangebound as Fears Rise Over UK Contraction The Pound to Euro exchange rate held steady today, with the pairing currently fluctuating around €1.13. Sterling was rangebound against the single currency today despite concerns that the UK economy could be set for a contraction in the first quarter. However, the...

CATEGORIES: Euro Forecasts Pound Euro Forecasts

Euro to Pound Exchange Rate Falls as German Business Morale Suffers

26 Jan 2021 at 4 PM - Written by John Cameron

EUR/GBP Exchange Rate Sinks as Outlook for Eurozone’s Economy Darkens on ‘Little Confidence’ The Euro to Pound exchange rate fell today, with the pairing currently fluctuating around £0.88. The Euro suffered today following Monday’s publication of the latest German business morale figure, which printed below forecasts and...

CATEGORIES: Euro Pound Forecasts

GBP/EUR: Pound Euro Exchange Rate Rallies as UK Inflation Rate Betters Forecast

20 Jan 2021 at 3 PM - Written by Frank Davies

GBP/EUR Exchange Rate Strengthens as UK Inflation Rises The Pound to Euro (GBP/EUR) exchange rate picked up sharply as the headline UK inflation rate bettered forecasts for December. As the inflation rate strengthened from 0.3% to 0.6% on the year this encouraged investors to buy back into the Pound, betting that the Bank of England...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Loses Ground as German Economic Sentiment Jumps

19 Jan 2021 at 4 PM - Written by Frank Davies

Pound Euro Exchange Rate Under Pressure as German Economic Sentiment Strengthens A better-than-expected uptick in the German ZEW economic sentiment index saw the Pound to Euro (GBP/EUR) exchange rate trending lower. While forecasts had pointed towards a reading of 60 the index instead clocked in at 61.8, suggesting that sentiment picked...

CATEGORIES: Pound Euro Forecasts

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