Euro Forecast Directory - Page #186
A round up of the latest Euro forecast news items from the Currency News desk.
GBP to EUR Exchange Rate Falls to Weekly Low as European Central Bank (ECB) Minutes Surprise
11 Jan 2018 at 5 PM - Written by Tim Boyer
STORY LINK GBP to EUR Exchange Rate Falls to Weekly Low as European Central Bank (ECB) Minutes Surprise
Thursday’s European Central Bank (ECB) meeting minutes surprised British Pound to Euro exchange rate traders with its hints that the bank’s tone could be becoming more hawkish in the coming months. The Pound remained limp following Wednesday’s mixed UK ecostats.
After opening this week at the level of 1.1278, the GBP/EUR exchange...
CATEGORIES: Pound Euro Forecasts
EUR/USD Exchange Rate Strengthens on ?Bullish? ECB Comments
11 Jan 2018 at 3 PM - Written by Ben Hughes
STORY LINK EUR/USD Exchange Rate Strengthens on ?Bullish? ECB Comments
On Wednesday’s trading session, the Euro to US Dollar exchange rate saw a minimal rise.
The pairing opened daily trading in the region of 1.1930 and closed higher around 1.1956 in the evening.
Eurozone news was fairly limited, only consisting of a small development in German coalition talks.
The CDU/CSU union and SPD Party...
CATEGORIES: Euro Forecasts
GBP EUR Exchange Rate Struggles to Make Headway as Eurozone Unemployment Falls
9 Jan 2018 at 11 AM - Written by David Woodsmith
STORY LINK GBP EUR Exchange Rate Struggles to Make Headway as Eurozone Unemployment Falls
Even though Eurozone data continued to impress this failed to shift the Pound Euro (GBP EUR) exchange rate from a narrow trend on Tuesday.
A sharp widening of the German trade surplus and a fresh dip in the Eurozone unemployment rate were not enough to shore up demand for the Euro, even though signs still point towards another strong year...
CATEGORIES: Pound Euro Forecasts
GBP EUR Exchange Rate Movement Limited as UK House Prices Dip
8 Jan 2018 at 10 AM - Written by James Fuller
STORY LINK GBP EUR Exchange Rate Movement Limited as UK House Prices Dip
As the Halifax house price index showed a surprise contraction on the month in December the Pound Euro (GBP EUR) exchange rate struggled to find any particular momentum.
This latest sign of softness within the UK housing market weighed on the appeal of the Pound, adding to worries over the domestic outlook.
With Halifax also warning...
CATEGORIES: Pound Euro Forecasts
GBP EUR Exchange Rate Fluctuates after Robust UK Services Data
4 Jan 2018 at 1 PM - Written by Ben Hughes
STORY LINK GBP EUR Exchange Rate Fluctuates after Robust UK Services Data
UK Service Sector Growth Fails to Bolster the GBP EUR Exchange Rate
Britain’s service sector picked up pace in December, suggesting that the UK’s economy continues to remain resilient.
According to data from Markit, the UK’s services purchasing managers index (PMI) climbed to 54.2 in December, up from November’s print of...
CATEGORIES: Daily Currency Updates Euro Forecasts
GBP EUR Exchange Rate Retreats from Weekly High as Construction PMI Disappoints
3 Jan 2018 at 3 PM - Written by John Cameron
STORY LINK GBP EUR Exchange Rate Retreats from Weekly High as Construction PMI Disappoints
The Pound Euro (GBP EUR) exchange rate tumbled from a one-week high this morning as investors reacted to the UK’s latest PMI figures.
Pound (GBP) Tumbles as Construction PMI Misses Expectations
Sterling sentiment slipped earlier this morning as investors were disappointed by the release of the UK’s latest PMI figures.
Following...
CATEGORIES: Pound Euro Forecasts
GBP/EUR Weakens as Manufacturing Data Shows 20-year best for Eurozone
2 Jan 2018 at 2 PM - Written by Toni Johnson
STORY LINK GBP/EUR Weakens as Manufacturing Data Shows 20-year best for Eurozone
The Pound Sterling slipped below opening levels versus the Euro today after a worse than expected result from the latest UK manufacturing data.
The GBP/EUR exchange rate has fallen -0.1% to 1.1242, despite analysts receiving the data warmly.
Manufacturing PMI Weakens, Prompting GBP Sell Off
Markets and analysts appear to have...
CATEGORIES: Pound Euro Forecasts
GBP EUR Exchange Rate Holds Narrow Trend Ahead of German Inflation Data
29 Dec 2017 at 11 AM - Written by David Woodsmith
STORY LINK GBP EUR Exchange Rate Holds Narrow Trend Ahead of German Inflation Data
The Pound Euro exchange rate continued to trend narrowly heading into the weekend, with trading volumes thinning as markets prepared to close for the final time in 2017.
Even after the December European Central Bank (ECB) Economic Bulletin demonstrated a more optimistic tone than expected the appeal of the single currency...
CATEGORIES: Pound Euro Forecasts
EUR USD Exchange Rate Trends Higher as ECB Releases Positive 2018 Forecast
28 Dec 2017 at 4 PM - Written by James Fuller
STORY LINK EUR USD Exchange Rate Trends Higher as ECB Releases Positive 2018 Forecast
A poor run of US data helped the Euro US Dollar exchange rate to make strong gains on Thursday, with the world’s largest economy showing some signs of weakness.
Another disappointing set of jobless claims figures undermined confidence in the robustness of the US labour market, giving investors fresh incentive to sell out of the US...
CATEGORIES: Euro Forecasts
GBP EUR Fluctuates amid Upbeat UK Wage Growth and Output Reports
28 Dec 2017 at 3 PM - Written by Toni Johnson
STORY LINK GBP EUR Fluctuates amid Upbeat UK Wage Growth and Output Reports
The Pound Euro (GBP EUR) exchange rate fluctuated on Thursday, with Sterling rallying in the morning on the back of two positive reports, the first being wage growth figures from Adzuna, and the second being a production output report from the Confederation of British Industry (CBI).
This was, however, short-lived, with the Pound’s...
CATEGORIES: Pound Euro Forecasts