Euro Forecast Directory - Page #194
A round up of the latest Euro forecast news items from the Currency News desk.
GBP EUR Daily Update: Sterling Exceeds 1-Month Pairing High on Inflation Figures
12 Sep 2017 at 12 PM - Written by Toni Johnson
STORY LINK GBP EUR Daily Update: Sterling Exceeds 1-Month Pairing High on Inflation Figures
Yesterday, the Pound gradually appreciated against the Euro from an opening exchange rate of 1.0977 to a close in the region of 1.1013.
Rising UK Inflation Pushes Up GBP/EUR Exchange Rate
As mentioned above, a significant rise in UK inflation has led to the Pound climbing against the Euro. The advance has been notable, consisting of an...
CATEGORIES: Euro Pound Forecasts
Euro Pound Sterling (EUR GBP) Crashes on Robust GDP Estimate
8 Sep 2017 at 4 PM - Written by Frank Davies
STORY LINK Euro Pound Sterling (EUR GBP) Crashes on Robust GDP Estimate
The Euro Pound exchange rate has tumbled today in the wake of a run of positive UK data releases and an optimistic UK GDP estimate from NIESR.
The National Institute of Economic and Social Research (NIESR) released its latest monthly GDP estimate today, which listed growth of 0.4% in the three months to August.
This is notably better...
CATEGORIES: Currency Predictions Euro Pound Forecasts
EUR USD Exchange Rate Update: Euro Advances as Irma Bears Down on Florida
8 Sep 2017 at 12 PM - Written by Tim Boyer
STORY LINK EUR USD Exchange Rate Update: Euro Advances as Irma Bears Down on Florida
Trading in the region of 1.2068 today, the Euro is currently near the highest exchange rate against the US Dollar since January 2015.
Draghi Aftermath Leaves EUR Traders Uncertain
The Euro rose sharply against the US Dollar on Thursday, but today’s advance is primarily due to the USD being weaker.
Today’s domestic data has...
CATEGORIES: Euro Forecasts
EUR to GBP Exchange Rate Hits Weekly Low Ahead of ECB Meeting
6 Sep 2017 at 5 PM - Written by James Fuller
STORY LINK EUR to GBP Exchange Rate Hits Weekly Low Ahead of ECB Meeting
Underwhelming Eurozone data and a Pound recovery from its recent lows have seen the Euro to British Pound exchange rate drop again this week.
The pair trended near the level of 0.9132 – its worst level in over two weeks. However, it remains relatively close to last week’s 8-year-high of 0.9306.
EUR Demand Weighed by ECB Uncertainty...
CATEGORIES: Euro Pound Forecasts
Surprise UK Construction PMI Weakening Weighs on GBP EUR Exchange Rate
4 Sep 2017 at 1 PM - Written by Frank Davies
STORY LINK Surprise UK Construction PMI Weakening Weighs on GBP EUR Exchange Rate
The mood towards the Pound soured further on Monday morning thanks to a disappointing UK construction PMI, prompting a fresh downtrend against the Euro.
Investors were not encouraged to find that activity in the construction sector had eased unexpectedly from 51.9 to 51.1 in August, contrary to expectations of a modest uptick on the...
CATEGORIES: Pound Euro Forecasts
GBP to EUR Exchange Rate Hits 8-Year-Low as ECB Bets Rise
29 Aug 2017 at 4 PM - Written by Toni Johnson
STORY LINK GBP to EUR Exchange Rate Hits 8-Year-Low as ECB Bets Rise
As the third round of Brexit negotiations begin, investors continue to sell the British Pound to Euro exchange rate. Markets remain confident in the Euro outlook as the European Central Bank (ECB) has not taken a notably cautious tone recently.
GBP EUR has been steadily falling almost every week recently and last week saw it drop from...
CATEGORIES: Pound Euro Forecasts