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Euro Forecast Directory - Page #173

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

Euro US Dollar (EUR/USD) Exchange Rate Slumps as German Manufacturing Spends 13th Month in Contraction

3 Feb 2020 at 1 PM - Written by John Cameron

Euro US Dollar (EUR/USD) Exchange Rate Slumps as German Staff Cuts Continue The Euro US Dollar (EUR/USD) exchange rate slumped at the start of the week, leaving the pairing trading at around $1.1064. The single currency fell despite data showing that the German manufacturing PMI rose to an 11-month high in the first month of 2020....

CATEGORIES: American Dollar Forecasts Euro Forecasts

GBP to EUR Exchange Rate Jumps as Bank of England (BoE) Avoids Big Dovish Shift

30 Jan 2020 at 2 PM - Written by James Fuller

Concerns that the Bank of England (BoE) could suddenly cut UK interest rates today quickly faded after the bank’s policy decision, and the British Pound to Euro (GBP/EUR) exchange rate experienced a rebound in demand. As much of the Pound’s recent weakness was due to speculation of an imminent BoE rate cut, today’s BoE decision was...

CATEGORIES: Pound Euro Forecasts

Euro to Pound Exchange Rate: EUR/GBP Dips as German Confidence Data Shows Limited Signs of Recovery

27 Jan 2020 at 1 PM - Written by Toni Johnson

While Bank of England (BoE) interest rate cut speculation persists and demand for the Pound is limited, the Euro to British Pound (EUR/GBP) exchange rate continues to see weak performance today. The Euro has been lacking in support lately, and this morning’s Eurozone data has done little to change that. For now, Euro and Pound investors are...

CATEGORIES: Euro Pound Forecasts

Pound Euro (GBP/EUR) Exchange Rate Surges Thanks to Leap in UK Business Optimism

22 Jan 2020 at 3 PM - Written by Frank Davies

Surge in UK Business Optimism Fuels Pound Euro (GBP/EUR) Exchange Rate Leap The Pound Sterling to Euro (GBP/EUR) exchange rate made strong gains on Wednesday, benefitting from a surprise return to positivity for the CBI business optimism index. As the index leapt from -44 to 23 on the quarter this encouraged investors to pile back into...

CATEGORIES: Pound Euro Forecasts

Euro to Pound Exchange Rate: EUR/GBP Sinks as German Economic Sentiment Fails to Impress Markets

21 Jan 2020 at 5 PM - Written by John Cameron

EUR/GBP Exchange Rate Falls as Eurozone Growth Continues to Weaken The Euro Pound (EUR/GBP) exchange rate fell by -0.3% today, with the pairing currently trading around £0.850 despite the release of stronger-than-expected German ZEW survey data for economic sentiment this month, with the figure rising from 10.7 to 26.7. Although the...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

EUR to USD Exchange Rate Touches January Worst as Data Keeps Investors Optimistic on US Economy

20 Jan 2020 at 3 PM - Written by James Fuller

Amid a lack of fresh support for the Euro, the Euro to US Dollar (EUR/USD) exchange rate has been unable to avoid losses while the US Dollar benefits from stronger than expected US ecostats. Strong US data and hopes that the Federal Reserve will avoid a dovish stance are keeping the US Dollar sturdy in recent sessions. For now, investors are...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Euro Pound (EUR/GBP) Exchange Rate Rises as UK Inflation Falls to Three-Year Low in December

15 Jan 2020 at 5 PM - Written by John Cameron

EUR/GBP Exchange Rate Edges Higher as Bank of England Rate Cut Fears Increase The Euro Pound (EUR/GBP) exchange rate dipped by around -0.25% today, with the pairing currently trading at €1.167 at the time of writing after UK inflation fell unexpectedly to a three-year low of 1.3% in December. The Pound (GBP) has struggled now that an...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Dollar to Euro Exchange Rate Forecast: USD/EUR Surges to January Best in Week of Impressive Gains

10 Jan 2020 at 12 PM - Written by Tim Boyer

Despite continued signs of recovery in Eurozone data, the US Dollar to Euro (USD/EUR) exchange rate didn’t face much obstruction in the past week as it put in impressive gains. The US Dollar rebounded from days of market jitters amid hopes for US economic resilience, and as the US currency recovered investors felt that mixed strength...

CATEGORIES: Pound Euro Forecasts

Euro to Pound Sterling Exchange Rate Steady as Brexit Bill Passes through Parliament

10 Jan 2020 at 11 AM - Written by John Cameron

The Pound Sterling to Euro exchange rates held steady on Friday January 10, with GBP/EUR currently around €1.176 after Prime Minister Boris Johnson’s Brexit bill cleared the House of Commons yesterday with a majority of 99, clearing the track for the UK to leave the EU on the 31st January. Sterling remain on alert, however, as the Bill...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

GBP to EUR Exchange Rate Stumbles from Near Weekly Highs on Bank of England Rate Cut Speculation

9 Jan 2020 at 11 AM - Written by Frank Davies

Despite yesterday’s cooler Pound movement, the British Pound to Euro (GBP/EUR) exchange rate continued to trend closely to its best levels until this morning, when a combination of stronger Eurozone data and lingering Brexit uncertainty knocked the pair slightly. The Brexit process is going smoothly this month, but uncertainty over how...

CATEGORIES: Pound Euro Forecasts