Euro Forecast Directory - Page #193
A round up of the latest Euro forecast news items from the Currency News desk.
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
EUR to GBP Exchange Rate Strength Limited on Catalonia Vote Uncertainty
22 Dec 2017 at 11 AM - Written by Toni Johnson
STORY LINK EUR to GBP Exchange Rate Strength Limited on Catalonia Vote Uncertainty
Thursday saw the publication of some solid Eurozone confidence stats, but the results of Catalonia’s 2017 parliamentary elections concerned Euro to British Pound exchange rate traders. The Pound was supported by some better than expected UK growth data from Q3.
This week could see EUR/GBP advancing once again despite Catalonia concerns....
CATEGORIES: Euro Pound Forecasts
GBP EUR Exchange Rate Subdued after Deputy PM Sacking
21 Dec 2017 at 11 AM - Written by John Cameron
STORY LINK GBP EUR Exchange Rate Subdued after Deputy PM Sacking
The Pound Euro (GBP EUR) exchange rate is struggling to advance this morning following the sacking of first secretary of state Damian Green yesterday evening.
Pound (GBP) weakened by Green Sacking
Sterling appears to be on the back foot this morning after the firing of one of Theresa May’s closes allies yesterday after the first...
CATEGORIES: Pound Euro Forecasts
EUR GBP Exchange Rate Shrugs Off Dip in German Business Optimism
19 Dec 2017 at 4 PM - Written by Tim Boyer
STORY LINK EUR GBP Exchange Rate Shrugs Off Dip in German Business Optimism
The latest market worries over Brexit and the UK’s future trade relationship with the EU helped the Euro Pound exchange rate to trend higher on Tuesday.
Demand for Sterling weakened markedly on the back of the latest comments from chief EU negotiator Michel Barnier, who ruled out the possibility of London's financial sector maintaining...
CATEGORIES: Euro Pound Forecasts
GBP to EUR Exchange Rate Briefly Advances on UK Industrial Trends Report
18 Dec 2017 at 5 PM - Written by Minesh Chaudhari
STORY LINK GBP to EUR Exchange Rate Briefly Advances on UK Industrial Trends Report
Monday’s UK factory data helped the British Pound to Euro exchange rate to avoid a drop, but the pair’s gains were limited due to appeal in Euro trade as well as persistent Brexit concerns weighing on the Pound’s strength.
Last week saw volatility in GBP/EUR, as the pair hit a high of 1.1410 and a low of 1.1297 before closing the...
CATEGORIES: Pound Euro Forecasts
GBP EUR Exchange Rate Strengthens on Increased Market Optimism Over Brexit
18 Dec 2017 at 4 PM - Written by Frank Davies
STORY LINK GBP EUR Exchange Rate Strengthens on Increased Market Optimism Over Brexit
The Pound Euro exchange rate rallied at the start of the week, with investors taking comfort from the prospect of Theresa May’s cabinet formally discussing the UK’s future trade deal with the EU for the first time.
This encouraged Sterling to trend sharply higher across the board, boosting hopes that markets will soon get a greater...
CATEGORIES: Pound Euro Forecasts
Euro Pound (EUR GBP) Exchange Rate Dips on Upbeat UK Wage Growth
13 Dec 2017 at 2 PM - Written by John Cameron
STORY LINK Euro Pound (EUR GBP) Exchange Rate Dips on Upbeat UK Wage Growth
The Euro Pound (EUR GBP) exchange rate tumbled slightly on Wednesday as markets reacted to upbeat wage growth figures in the UK and some disappointing inflation readings in Germany.
EUR GBP Exchange Rate Slides as Markets React to UK Wage Growth
According to data released on Wednesday from the Office for National Statistics (ONS),...
CATEGORIES: Euro Pound Forecasts
Higher UK Wage Growth Triggers Pound to Euro Exchange Rate Rise
13 Dec 2017 at 12 PM - Written by Ben Hughes
STORY LINK Higher UK Wage Growth Triggers Pound to Euro Exchange Rate Rise
The GBP/EUR pairing opened in the region of 1.1329 during the morning, later closing higher at 1.1343 by the end of the day.
This advance came despite trader uncertainty about UK inflation, which reached 3.1% in November.
This unexpected rise from 3% put inflation at an almost-6 year high and brought up difficult questions for Bank of...
CATEGORIES: Pound Euro Forecasts
Rattled Traders Buy into EUR/GBP Exchange Rate after Brexit Jitters
11 Dec 2017 at 1 PM - Written by Tim Boyer
STORY LINK Rattled Traders Buy into EUR/GBP Exchange Rate after Brexit Jitters
Last week, the Euro made a minor overall loss against the Pound. The EUR/GBP exchange rate opened in the region of 0.8804, but later closed lower at 0.8792 on Friday.
Euro Gains Ground despite Italian Sales Slump
The Euro has advanced against the weaker Pound today, in spite of a mixed set of Eurozone data coming out over the...
CATEGORIES: Euro Pound Forecasts