Euro Forecast Directory - Page #197
A round up of the latest Euro forecast news items from the Currency News desk.
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
GBP to EUR Exchange Rate Falls from Highs as UK Politics Return to Market Focus
29 Jan 2018 at 3 PM - Written by David Woodsmith
STORY LINK GBP to EUR Exchange Rate Falls from Highs as UK Politics Return to Market Focus
Strong UK data over the last week has done little to give the British Pound to Euro exchange rate a lasting boost, as Euro investors continue to expect strong performance from the Eurozone in 2018 and UK political concerns about the domestic government and Brexit have risen again causing fresh Pound weakness.
Last week was eventful for...
CATEGORIES: Pound Euro Forecasts
EUR/USD Exchange Rate Fluctuates as Trump Calls for ?Strong? Dollar
26 Jan 2018 at 10 AM - Written by John Cameron
STORY LINK EUR/USD Exchange Rate Fluctuates as Trump Calls for ?Strong? Dollar
The Euro US Dollar (EUR USD) exchange rate has traded in a wide range over the last 24 hours as markets reacted to comments from President Trump.
US Dollar (USD) Fluctuates as Trump Comments Contradict Mnuchin
After falling to a three-year low against the Euro yesterday afternoon the US Dollar rebounded in overnight trade following...
CATEGORIES: Euro Forecasts