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Euro Forecast Directory - Page #179

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

Euro Pound (EUR/GBP) Exchange Rate Continues Fall as Eurozone Inflation Disappoints

16 May 2018 at 4 PM - Written by John Cameron

Easing Eurozone CPI Leaves Bad Taste in the Mouth – Euro (EUR) Exchange Rates come under Pressure The Euro Pound (EUR/GBP) exchange rate extended its fall on Wednesday as markets responded to a disappointing descent in Euro area inflation. According to Eurostat, consumer prices in the bloc increased by 1.2% year-on-year, down from the...

CATEGORIES: Euro Pound Forecasts

Pound Euro (GBP/EUR) Exchange Rate Makes Modest Gains on Euro Sell-Off

9 May 2018 at 3 PM - Written by John Cameron

Pound (GBP) Exchange Rates Climb despite Falling UK Retail Sales The Pound Euro (GBP/EUR) exchange rate made some modest gains on Wednesday, climbing despite a sharp fall in UK retail sales in April and effectively capitalising on the current EUR/USD sell-off. According to the British Retail Consortium (BRC) UK retail sales fell by...

CATEGORIES: Pound Euro Forecasts

USD/EUR Exchange Rate Rises 0.4% as US Unemployment Drops to 3.9%

4 May 2018 at 4 PM - Written by Ben Hughes

On 3rd May, the US Dollar to Euro exchange rate opened trading in the region of 0.8366 and despite daily fluctuations closed down lower around 0.8341. USD/EUR Exchange Rate Rises Over 4-Month High as US Jobless Rate Drops The US Dollar to Euro (USD/EUR) exchange rate has risen by 0.4% to its highest level since December 2018 today,...

CATEGORIES: Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Steady as Eurozone Retail Sales Slow

4 May 2018 at 11 AM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate looks to have stabilised this morning as the pairing was prevented from falling any further in the wake of some disappointing retail sales figures from the Eurozone. Euro (EUR) Exchange Rate Muted as Eurozone Retail Sales Disappoint The Euro (EUR) is struggling to apply any further pressure to the...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Slides as UK Services Sector Recovery Disappoints

3 May 2018 at 1 PM - Written by John Cameron

UK Services Print misses its Mark – Pound (GBP) Exchange Rates Encumbered The Pound Euro (GBP/EUR) exchange rate traded lower on Thursday, limited by news that the UK’s services sector posted a disappointing performance in April. IHS Markit’s latest services PMI reading climbed to a score of 52.8, up from the previous period’s...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Exchange Rate Update: Pound to Euro Exchange Rate Slides on Manufacturing Sector Slowdown

1 May 2018 at 3 PM - Written by James Fuller

On Monday, the Pound to Euro exchange rate opened in the region of 1.1357 but closed higher around 1.1398. This advance was primarily caused by the Euro weakening during the day, rather than there being any especially supportive UK economic data. The only notable Pound-supporting news was a Lloyds Bank survey of UK businesses. This...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Plummets as UK GDP Misses its Mark

27 Apr 2018 at 4 PM - Written by John Cameron

UK Q1 Growth at Lowest Rate in 5 Years – Pound Euro (GBP/EUR) Exchange Rate Tumbles The Pound Euro (GBP/EUR) exchange rate tumbled on Friday, encumbered by news that the UK’s economic growth estimate for Q1 2018 was substantially below estimates. According to the Office for National Statistics (ONS), the UK’s Q1 GDP growth rate...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Climbs as ECB Leaves Interest Rates on Hold

26 Apr 2018 at 3 PM - Written by John Cameron

ECB Proves Dovish – Pound Euro (GBP/EUR) Exchange Rates Tumble The Pound to Euro (GBP/EUR) exchange rate climbed on Thursday, supported by news that the European Central Bank (ECB) has left interest rates on hold at their latest meeting. The Governing Council of the ECB voted to keep interest rates at current levels, whilst also...

CATEGORIES: Pound Euro Forecasts

EUR/USD Exchange Rate Declines as German Confidence Scores Fall below Forecasts

25 Apr 2018 at 2 PM - Written by Tim Boyer

On Tuesday’s trading session (24th April), the Euro to US Dollar exchange rate opened in the region of 1.2206 in the morning and later closed higher around 1.2237 during the evening. This advance came despite the odds, when highly pessimistic German economic confidence stats for April were released over Tuesday morning. EUR/USD...

CATEGORIES: Euro Forecasts

EUR to USD Exchange Rate Weakness Persists on Perceived Central Bank Divergence

24 Apr 2018 at 4 PM - Written by Frank Davies

Markets are increasingly expecting wider policy divergence from the European Central Bank (ECB) and the Federal Reserve, and low ECB interest rate hike bets are leaving the Euro to US Dollar (EUR/USD) exchange rate unappealing. The pair is currently on track to see its second consecutive week of losses. Last week saw EUR/USD slide around...

CATEGORIES: Euro Pound Forecasts