Euro Forecast Directory - Page #186
A round up of the latest Euro forecast news items from the Currency News desk.
Euro to Pound Exchange Rate Holds Ground Despite Slowing Eurozone Inflation
17 Dec 2018 at 4 PM - Written by Tim Boyer
STORY LINK Euro to Pound Exchange Rate Holds Ground Despite Slowing Eurozone Inflation
The Euro to British Pound (EUR/GBP) exchange rate held its ground on Monday, despite the latest Eurozone data falling short of expectations and hinting that the European Central Bank (ECB) was right to take a more dovish tone last week. Lasting Brexit uncertainties made it easier for the Euro to avoid losses versus the Pound.
Brexit...
CATEGORIES: Euro Pound Forecasts
Pound to Euro: Exchange Rate Slips as UK PM Theresa May Survives No Confidence Vote
12 Dec 2018 at 4 PM - Written by Toni Johnson
STORY LINK Pound to Euro: Exchange Rate Slips as UK PM Theresa May Survives No Confidence Vote
GBP/EUR Exchange Rate Jumps Back to €1.11 On News of No-Confidence Vote
The expectation that Prime Minister Theresa May will survive tonight’s vote of no confidence sent the Pound soaring on Wednesday, with GBP/EUR jumping 0.7% to trade in the region of €1.1115.
The outcome of the vote is likely to encourage further movement...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Forecast: Second Week of Exchange Rate Losses as Brexit Uncertainties Build
7 Dec 2018 at 11 AM - Written by Toni Johnson
STORY LINK Pound to Euro Forecast: Second Week of Exchange Rate Losses as Brexit Uncertainties Build
The British Pound to Euro exchange rates have been unable to benefit from weakness in the single currency or brief rises in speculation that the Brexit process could be somehow avoided altogether.
Since opening this week at the level of 1.1265, GBP/EUR has trended with a significant downside bias. GBP/EUR touched a two month low of 1.1186...
CATEGORIES: Pound Euro Forecasts
Euro to Pound Exchange Rate Falls as US-China Tensions Have Potential to be Reignited
6 Dec 2018 at 3 PM - Written by John Cameron
STORY LINK Euro to Pound Exchange Rate Falls as US-China Tensions Have Potential to be Reignited
Today has seen global stock markets slump for a third day in a row, as there are fears fresh tensions between the US and China may emerge as the result of the arrest of tech giant Huawei’s chief financial officer, Meng Wanzhou in Vancouver, where she is facing extradition to the USA.
Better-than-expected German factory order figures...
CATEGORIES: Euro Pound Forecasts
Pound Euro Exchange Rate Falls Back in Spite of Solid UK Construction PMI
4 Dec 2018 at 3 PM - Written by Frank Davies
STORY LINK Pound Euro Exchange Rate Falls Back in Spite of Solid UK Construction PMI
November’s solid UK construction PMI was not enough to keep the Pound Sterling to Euro (GBP/EUR) exchange rate on a stronger footing for long.
Even though the headline PMI showed an improvement on the month, with business confidence lifting away from its recent multi-month lows, the Pound struggled to hold onto a sense of...
CATEGORIES: Pound Euro Forecasts
Euro US Dollar (EUR/USD) Exchange Rate Rallies as Eurozone Data Impresses
29 Nov 2018 at 4 PM - Written by John Cameron
STORY LINK Euro US Dollar (EUR/USD) Exchange Rate Rallies as Eurozone Data Impresses
EUR/USD Exchange Rate Rallies as Slew of Positive Data is Released from Eurozone
The Euro US Dollar (EUR/USD) exchange rate has rallied after a range of positive and better-than-predicted data was released from the Eurozone.
Eurozone business climate figures for November grew higher than expected from 1.01 to 1.09 despite a predicted...
CATEGORIES: Euro Forecasts
Pound Euro (GBP/EUR) Exchange Rate Struggles as BoE Raises ?No-Deal? Brexit Alarm
29 Nov 2018 at 2 PM - Written by John Cameron
STORY LINK Pound Euro (GBP/EUR) Exchange Rate Struggles as BoE Raises ?No-Deal? Brexit Alarm
GBP/EUR Exchange Rate Down after BoE’s ‘Project Hysteria’ Forecast
The Pound Euro (GBP/EUR) exchange rate is down today after the Bank of England (BoE) predicted a dire Sterling drop of up to 25% if the UK faced a ‘no-deal’ Brexit scenario.
The Governor of the Bank of England, Mark Carney raised the alarm, saying:
‘[W]e...
CATEGORIES: Pound Euro Forecasts