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Euro Forecast Directory - Page #184

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

EUR to USD Exchange Rate Nears Multi-Year Highs as US Data Fails to Support US Dollar

15 Feb 2018 at 5 PM - Written by David Woodsmith

STORY LINK EUR to USD Exchange Rate Nears Multi-Year Highs as US Data Fails to Support US Dollar

Strong Eurozone data and rising market expectations for global growth to improve in 2018 and beyond has left the Euro to US Dollar (EUR/USD) exchange rate an appealing buy. Investors are brushing over strong US data due to bets of increasingly sturdy global growth. Despite falling from 1.2460 to 1.2251 last week amid a resurgent US Dollar,...

CATEGORIES: Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Holds Steady as US Inflation Beats Expectations

14 Feb 2018 at 4 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Holds Steady as US Inflation Beats Expectations

US Inflation Smashes Forecasts – GBP/EUR Exchange Rate Gains Support The Pound Euro (GBP/EUR) exchange rate proved resilient on Wednesday, capitalising on the highly anticipated US inflation readings and the drop in demand for the Euro that ensued. The year-on-year US consumer price index (CPI) reading printed at 2.1% in January,...

CATEGORIES: Pound Euro Forecasts

Slowing Eurozone GDP Data Triggers EUR/GBP Exchange Rate Decline

14 Feb 2018 at 4 PM - Written by Toni Johnson

STORY LINK Slowing Eurozone GDP Data Triggers EUR/GBP Exchange Rate Decline

On Tuesday’s trading session, the Euro advanced against the Pound from an opening exchange rate of 0.8882 to close higher around 0.8897. EUR/GBP Exchange Slips after Eurozone GDP Upset The Euro to Pound exchange rate has fallen slightly today, following the news that Eurozone GDP growth has slowed in Q4. Estimates for Q4 2017 have...

CATEGORIES: Euro Pound Forecasts

EUR USD Exchange Rate Pushes Higher As US Budget Points Towards 1 Trillion Dollar Deficit

13 Feb 2018 at 2 PM - Written by Frank Davies

STORY LINK EUR USD Exchange Rate Pushes Higher As US Budget Points Towards 1 Trillion Dollar Deficit

Markets did not react positively to the announcement of the US 2019 Fiscal Year Budget, prompting the Euro US Dollar (EUR/USD) exchange rate to trend sharply higher. Particularly concerning was the fact that the budget proposals would result in the US deficit hitting 1 trillion US Dollars in the next year, with the national debt looking...

CATEGORIES: Euro Forecasts

GBP/EUR Exchange Rate Drops on Uncertainty about BoE?s Interest Rate Outlook

9 Feb 2018 at 11 AM - Written by Ben Hughes

STORY LINK GBP/EUR Exchange Rate Drops on Uncertainty about BoE?s Interest Rate Outlook

On Thursday’s trading session, the Pound to Euro exchange rate saw an overall advance from 1.1314 to a higher rate of 1.1365 in the evening. This closing figure was not the best daily rate, however – at the height of trading, the GBP/EUR exchange rate hit a high of 1.1442. Trader Concerns about BoE Interest Rate Decision Bring...

CATEGORIES: Pound Euro Forecasts

EUR to USD Exchange Rate Tumbles as US Dollar Recovery Continues

7 Feb 2018 at 4 PM - Written by Ben Hughes

STORY LINK EUR to USD Exchange Rate Tumbles as US Dollar Recovery Continues

While the Eurozone’s economic outlook remains strong, the Euro to US Dollar exchange rate has weakened in recent sessions. A stronger US Dollar has been able to recover more easily thanks to fresh uncertainties about Germany’s finance minister and the Eurozone’s growth outlook. Could this lead to the first weekly drop for EUR/USD...

CATEGORIES: Euro Forecasts

GBP/EUR Exchange Rate Stumbles as UK Service Sector See Dramatic Slowdown

5 Feb 2018 at 2 PM - Written by John Cameron

STORY LINK GBP/EUR Exchange Rate Stumbles as UK Service Sector See Dramatic Slowdown

The Pound Euro (GBP/EUR) exchange rate has stumbled this morning as the UK’s latest Services PMI came in well below expectations. Pound (GBP) Weakened by Slowdown in Service Sector Sterling has been put on the back foot this morning, following the release of the UK’s latest Services PMI. According to data compiled and published...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Softens as UK Construction Sector Threatens to Stagnate

2 Feb 2018 at 9 AM - Written by David Woodsmith

STORY LINK GBP EUR Exchange Rate Softens as UK Construction Sector Threatens to Stagnate

Ahead of the weekend the Pound Euro (GBP EUR) exchange rate struggled to find any particular traction, with Brexit-based jitters continuing to limit Sterling demand. While Thursday’s UK manufacturing PMI was not overly encouraging on the surface, however, the Pound managed to largely shrug off any negative impact from the data. With...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Holds its Ground Ahead of BoE Comments

30 Jan 2018 at 1 PM - Written by Frank Davies

STORY LINK GBP EUR Exchange Rate Holds its Ground Ahead of BoE Comments

The Eurozone economy continued to impress with its fourth quarter gross domestic product data, leaving the Pound Euro (GBP EUR) exchange rate under pressure on Tuesday morning. While the Spanish growth rate moderated somewhat its economy still performed strongly over the course of 2017, largely shrugging off the disruption of the Catalan...

CATEGORIES: Pound Euro Forecasts

EUR/USD Exchange Rate Slumps -0.6% ahead of High-Impact Confidence Stats

29 Jan 2018 at 5 PM - Written by Frank Davies

STORY LINK EUR/USD Exchange Rate Slumps -0.6% ahead of High-Impact Confidence Stats

Over the previous week, the Euro to US Dollar exchange rate rose by a moderate amount, thanks to a late-week boost from 2018’s first European Central Bank (ECB) policy meeting. The EUR/USD exchange rate opened in the region of 1.2244 on 22nd January, later closing higher around 1.2428 on 26th January. Notable Eurozone news included...

CATEGORIES: Euro Forecasts

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