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Euro Forecast Directory - Page #198

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

EUR GBP Exchange Rate Favourable during Post-Election Turmoil

9 Jun 2017 at 3 PM - Written by Minesh Chaudhari

STORY LINK EUR GBP Exchange Rate Favourable during Post-Election Turmoil

The Euro’s movement against the Pound today has mainly been determined by GBP fluctuations. Eurozone domestic data has been relatively poor, showing a falling German trade surplus as well as a still-high level of Greek inflation. Euro traders remain on edge after Thursday’s European Central Bank (ECB) meeting, which failed to remove...

CATEGORIES: Euro Forecasts Euro Pound Forecasts

USD EUR Exchange Rate Rallies as ECB Cuts Inflation Forecasts

8 Jun 2017 at 2 PM - Written by Toni Johnson

STORY LINK USD EUR Exchange Rate Rallies as ECB Cuts Inflation Forecasts

The USD EUR exchange rate has advanced by 0.3% today, although there has been little domestic cause for US enthusiasm. As well as rising crude oil stocks lowering oil prices for US exporters, Donald Trump has also been targeted in a potential lawsuit. The Democratic Party plans to bring the case that Trump could be influenced by foreign...

CATEGORIES: American Dollar Forecasts Euro Forecasts

GBP EUR Exchange Rate Remains Under Pressure in Final Days of UK Election Campaign

6 Jun 2017 at 2 PM - Written by Frank Davies

STORY LINK GBP EUR Exchange Rate Remains Under Pressure in Final Days of UK Election Campaign

As May’s BRC like-for-like sales data proved discouraging the Pound Euro exchange rate weakened, reversing some of the week’s earlier gains. Confidence in the Pound remains somewhat limited ahead of Thursday’s general election, even though the odds continue to favour a Conservative victory. With opinion polls still pointing...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Slips Despite Impressive Construction PMI

2 Jun 2017 at 11 AM - Written by Ben Hughes

STORY LINK GBP EUR Exchange Rate Slips Despite Impressive Construction PMI

The Pound Euro (GBP EUR) exchange rate remains on the back foot this morning despite a better than expected UK Construction PMI. According to data published by IHS Markit, activity in the UK’s construction sector surged from 53.1 to 56.0 in May, easily outpacing expectations that it would slip to 52.7 and striking its best levels since...

CATEGORIES: Pound Euro Forecasts

EUR to GBP Exchange Rate Gains on UK Election Jitters

31 May 2017 at 1 PM - Written by Frank Davies

STORY LINK EUR to GBP Exchange Rate Gains on UK Election Jitters

After a brief drop earlier in the week, the Euro to British Pound exchange rate recovered on Tuesday evening and Wednesday morning due to fresh uncertainty about next week’s UK general election. EUR/GBP began the week trading at the level of 0.8730 but dropped to a low of 0.8662 on Tuesday. By Wednesday morning the pair was trending near...

CATEGORIES: Daily Currency Updates Euro Pound Forecasts

GBP EUR Exchange Rate Rallies as German Inflation Misses Forecast

30 May 2017 at 4 PM - Written by Minesh Chaudhari

STORY LINK GBP EUR Exchange Rate Rallies as German Inflation Misses Forecast

Speculation over Greece and the potential reigniting of the Eurozone debt crisis encouraged the Pound Euro exchange rate to trend higher. As German media reported that Greece could be at risk of defaulting on its next bailout repayment in July the appeal of the single currency weakened markedly, despite Greek officials rapidly rejecting...

CATEGORIES: Currency Predictions Euro Pound Forecasts Pound Euro Forecasts

GBP EUR Exchange Rate near Weekly Low Following Downbeat UK Growth Figures

25 May 2017 at 3 PM - Written by Minesh Chaudhari

STORY LINK GBP EUR Exchange Rate near Weekly Low Following Downbeat UK Growth Figures

The Pound Euro (GBP EUR) exchange rate was subdued in trading today as the UK’s latest GDP estimate saw Q1 growth revised down. According to the latest estimate published by the Office for National Statistics (ONS) the UK’s GDP fell from 0.7% to 0.2% in the first quarter of 2017, being revised down from the original estimate of 0.3%...

CATEGORIES: Currency Predictions Euro Forecasts

USD to EUR Exchange Rate Tumbles on Hawkish Merkel, Strong Eurozone Data

23 May 2017 at 11 AM - Written by Frank Davies

STORY LINK USD to EUR Exchange Rate Tumbles on Hawkish Merkel, Strong Eurozone Data

Demand for the US Dollar has been limp in recent weeks which has led to easy gains for the Euro. As a result, the US Dollar to Euro exchange rate dropped on Monday as the shared currency was bolstered by hawkish comments from German Chancellor Angela Merkel. Last week saw significant losses for USD/EUR as the pair fell from 0.9149 to...

CATEGORIES: Dollar Pound Forecasts Euro Forecasts

GBP EUR Exchange Rate Tumbles as Merkel Decries ?Weak? Euro

22 May 2017 at 5 PM - Written by Toni Johnson

STORY LINK GBP EUR Exchange Rate Tumbles as Merkel Decries ?Weak? Euro

The Pound Euro (GBP EUR) exchange rate plummeted over half a cent in trade today following comments from German Chancellor Angela Merkel. In a panel with a group of students at Kurt Tucholsky high school in Berlin today Merkel was discussing building a closer relationship with new French President Emmanuel Macron when she was asked about...

CATEGORIES: Currency Predictions Pound Euro Forecasts

GBP/EUR Wobbles around Opening Levels despite Strong Factory Order Growth

19 May 2017 at 12 PM - Written by Minesh Chaudhari

STORY LINK GBP/EUR Wobbles around Opening Levels despite Strong Factory Order Growth

The GBP/EUR exchange rate remains stuck around opening levels of 1.1656 today, with strength in both currencies creating a stalemate. Data from the Confederation of British Industry (CBI) has shown that factory orders rose at the swiftest pace in May since February 2015, with the balance of the order book index increasing from 4 to...

CATEGORIES: Pound Euro Forecasts

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