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Euro Forecast Directory - Page #197

A round up of the latest Euro forecast news items from the Currency News desk.

GBP EUR Rate Slumps -1.2% after UK Inflation Slows

18 Jul 2017 at 4 PM - Written by Toni Johnson

STORY LINK GBP EUR Rate Slumps -1.2% after UK Inflation Slows

In disappointing news for Pound traders, the GBP EUR exchange rate has dropped to a one-week low of 1.1235. GBP EUR Rate Drops -1.2% on Lower Interest Rate Hike Hopes This decline is primarily because of trader fears about the next UK interest rate hike. Previous Bank of England (BoE) commentary has implied that a rate hike could occur...

CATEGORIES: Pound Euro Forecasts

EUR GBP Exchange Rate Muted Despite Widening Eurozone Trade Surplus

14 Jul 2017 at 12 PM - Written by Toni Johnson

STORY LINK EUR GBP Exchange Rate Muted Despite Widening Eurozone Trade Surplus

Although the Eurozone trade surplus widened significantly in May this was not enough to trigger a particularly strong rally for the Euro Pound exchange rate. Even so, as Jennifer McKeown, Chief European Economist at Capital Economics, noted: ‘The widening of the euro-zone’s trade surplus in May adds to signs that GDP growth may have...

CATEGORIES: Euro Pound Forecasts

EUR to USD Exchange Rate Recovers to Week?s Opening Levels on ECB Hopes

7 Jul 2017 at 12 PM - Written by David Woodsmith

STORY LINK EUR to USD Exchange Rate Recovers to Week?s Opening Levels on ECB Hopes

Increased speculation that the European Central Bank (ECB) could be edging towards normalising monetary policy has helped the Euro to US Dollar exchange rate to recover this week. The ‘Greenback’ has been held back by an unclear Federal Reserve policy outlook. The outlook for EUR/USD remains strong. While the pair tumbled in the middle...

CATEGORIES: Euro Forecasts

GBP EUR Exchange Rate Slides as German Factory Orders Recover

6 Jul 2017 at 12 PM - Written by John Cameron

STORY LINK GBP EUR Exchange Rate Slides as German Factory Orders Recover

The Pound Euro (GBP EUR) exchange rate slipped from a two-week high this morning as Germany reported a jump in factory orders in May. Euro (EUR) Advances as German Factory Orders Rebound The Euro was able to rally from a two-week low earlier this morning following the release of Germany’s latest factory orders data. According to...

CATEGORIES: Pound Euro Forecasts

EUR to USD Exchange Rate Continues Climb Despite Draghi Misunderstanding

29 Jun 2017 at 2 PM - Written by Toni Johnson

STORY LINK EUR to USD Exchange Rate Continues Climb Despite Draghi Misunderstanding

Wednesday’s news that European Central Bank (ECB) President Mario Draghi had been misinterpreted by markets has failed to knock the Euro to US Dollar exchange rate down. The pair continues to gain as low Fed rate hike bets keep ‘Greenback’ movement limited. EUR/USD began this week trending relatively flatly in the region of 1.1190....

CATEGORIES: Euro Forecasts

GBP EUR Exchange Rate Trends Narrowly Ahead of ECB and BoE Comments

26 Jun 2017 at 4 PM - Written by Frank Davies

STORY LINK GBP EUR Exchange Rate Trends Narrowly Ahead of ECB and BoE Comments

As the Conservatives and the Democratic Unionist Party (DUP) finally agreed a confidence and supply arrangement the Pound Euro exchange rate was encouraged to trend higher. However, this sense of optimism proved remarkably short-lived as the future of the minority Conservative government is still far from guaranteed at this...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Slips Lower as Haldane Rally Cools

22 Jun 2017 at 10 AM - Written by Toni Johnson

STORY LINK GBP/EUR Slips Lower as Haldane Rally Cools

Demand for the British Pound generated yesterday by improving UK interest rate hike odds has dissipated today. The GBP/EUR exchange rate is stuck marginally below opening levels at 1.1339 today, as markets await the latest industry data from the Confederation of British Industry (CBI). GBP Weakens as Haldane Rally Runs out of...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Tumbles to New Weekly Low over Concerns over DUP Deal

21 Jun 2017 at 12 PM - Written by John Cameron

STORY LINK GBP EUR Exchange Rate Tumbles to New Weekly Low over Concerns over DUP Deal

The Pound Euro (GBP EUR) exchange rate slipped even further this morning, closing in on the multi-month low stuck last week as investors worry about the political landscape in the UK ahead of the Queen’s speech. Political Uncertainty Continues to Weaken Pound (GBP) Sterling sentiment remains low this morning ahead of the Queens speech...

CATEGORIES: Euro Pound Forecasts

GBP EUR Exchange Rate Tight as Brexit Talks Begin

19 Jun 2017 at 3 PM - Written by Toni Johnson

STORY LINK GBP EUR Exchange Rate Tight as Brexit Talks Begin

The Pound’s latest appreciation against the Euro comes on the first day of full Brexit talks. Pound Rises on Strong Start to Brexit Talks The main cause of a Pound to Euro rise today has been the news that Brexit negotiations have finally begun. The official meeting between David Davis from the UK and Michel Barnier from the EU has...

CATEGORIES: Euro Pound Forecasts Pound Euro Forecasts

EUR to USD Exchange Rate Tumbles as Federal Reserve Eases Market Fears

15 Jun 2017 at 3 PM - Written by David Woodsmith

STORY LINK EUR to USD Exchange Rate Tumbles as Federal Reserve Eases Market Fears

After a brief surge to a fresh 2017-high on Wednesday, the Euro to US Dollar exchange rate tumbled and continued to fall on Thursday due to a lack of strong Eurozone data and market confidence in the US economy. Wednesday saw EUR/USD jump to a high of 1.1288, which was the pair’s best level since August 2016. On trending strongly for...

CATEGORIES: American Dollar Forecasts Euro Forecasts

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