Euro Forecast Directory - Page #176
A round up of the latest Euro forecast news items from the Currency News desk.
EUR to GBP Exchange Rate On Track to Sustain Gains This Week Despite Strong UK Data
17 Aug 2018 at 9 AM - Written by David Woodsmith
STORY LINK EUR to GBP Exchange Rate On Track to Sustain Gains This Week Despite Strong UK Data
While this week’s Eurozone data was fairly mixed and the week’s UK data was generally better than analysts expected, the Euro to British Pound (EUR/GBP) exchange rate may be on track to register its third consecutive week of gains. However, it’s also still possible for the Euro to weaken depending on Friday news.
Due to some mixed...
CATEGORIES: Euro Pound Forecasts
GBP EUR Exchange Rate Remains Under Pressure in Spite of Higher UK Inflation
15 Aug 2018 at 1 PM - Written by Ben Hughes
STORY LINK GBP EUR Exchange Rate Remains Under Pressure in Spite of Higher UK Inflation
The Pound Euro (GBP/EUR) exchange rate struggled to find any fresh traction on the back of July’s UK consumer price index, in spite of the headline figure strengthening.
While inflation accelerated to 2.5% on the year, in line with market forecasts, this was not enough to shore up Pound Sterling against its rivals.
As the monthly...
CATEGORIES: Pound Euro Forecasts
Euro to US Dollar Exchange Rate News: EUR/USD Rises as Turkish Economic Crisis Continues
13 Aug 2018 at 4 PM - Written by Ben Hughes
STORY LINK Euro to US Dollar Exchange Rate News: EUR/USD Rises as Turkish Economic Crisis Continues
Last week, the Euro to US Dollar (EUR/USD) exchange rate opened in the range of $1.1562 on Monday and closed down lower at $1.1420 on Friday.
This overall deterioration for the single currency was down to growing concerns that a Turkish economic collapse could negatively affect Eurozone banks.
European Central Bank (ECB) officials...
CATEGORIES: Euro Forecasts
GBP to EUR Exchange Rate Rebounds from Worst Levels in Profit Taking
9 Aug 2018 at 3 PM - Written by Tim Boyer
STORY LINK GBP to EUR Exchange Rate Rebounds from Worst Levels in Profit Taking
Amid a lack of fresh reasons to sell the Pound in recent sessions, the British Pound to Euro (GBP/EUR) exchange rate recovered slightly on Thursday. However, analysts predict the Pound’s potential for gains is limited, and that its Thursday gains are likely more due to profit taking and anticipation for upcoming UK data.
Due to days of...
CATEGORIES: Pound Euro Forecasts
GBP EUR Exchange Rate Remains Under Pressure as German Exports Hold Steady
7 Aug 2018 at 3 PM - Written by Frank Davies
STORY LINK GBP EUR Exchange Rate Remains Under Pressure as German Exports Hold Steady
Disappointing German industrial production figures were not enough to shore up the Pound Sterling Euro (GBP/EUR) exchange rate on Tuesday.
While the Eurozone’s powerhouse economy continued to demonstrate signs of weakness the Euro remained on a generally stronger footing against its rivals.
Even though German export volumes stagnated...
CATEGORIES: Pound Euro Forecasts
GBP EUR Exchange Rate Gains Ground as Eurozone PMIs Reveal Signs of Slowing Growth
24 Jul 2018 at 3 PM - Written by Frank Davies
STORY LINK GBP EUR Exchange Rate Gains Ground as Eurozone PMIs Reveal Signs of Slowing Growth
Support for the Pound Sterling Euro (GBP/EUR) exchange rate picked up somewhat on Tuesday, largely thanks to a disappointing round of Eurozone PMIs.
While the Eurozone manufacturing sector showed signs of increased momentum this was counterbalanced by a disappointing performance from the service sector.
As a result, the composite PMI...
CATEGORIES: Pound Euro Forecasts
Pound Euro (GBP/EUR) Exchange Rate Retreats as UK Labour Report Fails to Impress
17 Jul 2018 at 1 PM - Written by John Cameron
STORY LINK Pound Euro (GBP/EUR) Exchange Rate Retreats as UK Labour Report Fails to Impress
The Pound Euro (GBP/EUR) exchange rate is trending lower today, following the release of some lacklustre wage figures from the UK.
Pound (GBP) Exchange Rate Stalls as UK Wage Growth Slows
The Pound (GBP) is sliding against the Euro (EUR) and the majority of its other peers this morning as markets reacted to the latest UK employment...
CATEGORIES: Pound Euro Forecasts
GBP/EUR Exchange Rate News: Pound Sterling Weakens on Threat of Brexit Coup
16 Jul 2018 at 4 PM - Written by Tim Boyer
STORY LINK GBP/EUR Exchange Rate News: Pound Sterling Weakens on Threat of Brexit Coup
Last week’s currency movement saw the Pound to Euro exchange rate open trading in the €1.1303 and after five days of fluctuation, close up higher at a level of €1.1316.
Weekly trading began on a positive note for Pound Sterling, when May’s GDP figure and a Q2 GDP estimate both showed growth.
These results respectively came from...
CATEGORIES: Pound Euro Forecasts
Euro US Dollar (EUR/USD) Exchange Rate Subdued as US Inflation Climbs to Six-Year High
12 Jul 2018 at 2 PM - Written by John Cameron
STORY LINK Euro US Dollar (EUR/USD) Exchange Rate Subdued as US Inflation Climbs to Six-Year High
The Euro US Dollar (EUR USD) exchange rate remained flat on Thursday as markets reacted to the latest US Consumer Price Index.
US Dollar (USD) Subdued as US Inflation Jumps a Six-Year High
The US Dollar (USD) is struggling to find any ground against the Euro (EUR) this afternoon despite an uptick in latest US CPI figures.
According...
CATEGORIES: Euro Forecasts