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Euro Forecast Directory - Page #209

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

Unsurprisingly Dovish ECB Bulletin Fails to Shore up EUR USD Exchange Rate

3 Aug 2017 at 10 AM - Written by David Woodsmith

STORY LINK Unsurprisingly Dovish ECB Bulletin Fails to Shore up EUR USD Exchange Rate

A mixed raft of Eurozone services and composite PMIs left the Euro US Dollar exchange rate on a softer footing, even though the currency union remained in a solid state of growth. Investors were discouraged by downward revisions to the finalised German PMIs, prompting concerns that the Eurozone’s powerhouse economy is losing some of its...

CATEGORIES: Euro Forecasts

GBP to EUR Exchange Rate Edges Higher as UK Manufacturing Beats Expectations

1 Aug 2017 at 1 PM - Written by Tim Boyer

STORY LINK GBP to EUR Exchange Rate Edges Higher as UK Manufacturing Beats Expectations

Sterling has benefitted from domestic data this week more than the Euro and investors have continued to buy the British Pound to Euro exchange rate up from its recent lows. Britain’s July manufacturing PMI beat expectations today. After a brief dip to a low of 1.1145 on Monday evening, GBP/EUR recovered to above the week’s opening...

CATEGORIES: Pound Euro Forecasts

Profit-Taking Drags EUR/USD Down from 2.5-Year High

27 Jul 2017 at 12 PM - Written by Minesh Chaudhari

STORY LINK Profit-Taking Drags EUR/USD Down from 2.5-Year High

The Euro to US Dollar exchange rate is weakening from a two-and-a-half-year high this morning following the latest US Federal Open Market Committee (FOMC) meeting. The EUR/USD exchange rate has weakened -0.2% to 1.1707 today. Profit-Taking Weakens EUR Ahead of Key US Economic Data The Euro had risen last night thanks to the weakness...

CATEGORIES: Euro Forecasts

GBP/EUR Advances despite Soft GDP Data as Markets Await FOMC Meeting

26 Jul 2017 at 12 PM - Written by Toni Johnson

STORY LINK GBP/EUR Advances despite Soft GDP Data as Markets Await FOMC Meeting

The Pound Sterling to Euro exchange rate has been able to gain around 0.2% to trend in the region of 1.1210 today. This is despite the fact that the latest UK GDP figures have shown that the economy remains on sluggish form, with only a small rise recorded after the sharp first-quarter slowdown. UK GDP Rises to 0.3% in Second Quarter;...

CATEGORIES: Pound Euro Forecasts

USD EUR Exchange Rate Struggles to Find Support Ahead of Fed Policy Statement

25 Jul 2017 at 12 PM - Written by David Woodsmith

STORY LINK USD EUR Exchange Rate Struggles to Find Support Ahead of Fed Policy Statement

As the German IFO business sentiment survey proved stronger than anticipated the US Dollar Euro exchange rate remained on a weaker footing. Investors were encouraged to find that optimism within the Eurozone’s powerhouse economy had picked up in July, in defiance of forecasts. This boosted hopes that the German economy will continue...

CATEGORIES: Euro Forecasts

EUR/USD Advances despite Sluggish Inflation Forecasts

21 Jul 2017 at 12 PM - Written by Toni Johnson

STORY LINK EUR/USD Advances despite Sluggish Inflation Forecasts

The Euro is holding small gains against the US Dollar today, although these might not last as markets begin to rethink the recent EUR rally. The EUR/USD exchange rate continues to press higher after hitting a two-and-a-half-year high this week on the back of comments from European Central Bank (ECB) President Mario Draghi. Draghi...

CATEGORIES: Euro Forecasts

GBP/EUR Slumps as Mario Indicates QE Discussions Set for Autumn

20 Jul 2017 at 3 PM - Written by Toni Johnson

STORY LINK GBP/EUR Slumps as Mario Indicates QE Discussions Set for Autumn

A combination of adverse market reaction to UK retail sales figures and hawkish comments from European Central Bank (ECB) President Mario Draghi have pushed the GBP/EUR exchange rate down to an eight-day low. The British Pound to Euro exchange rate has fallen to 1.1213 today, even though UK data was positive on the face of it and the ECB...

CATEGORIES: Pound Euro Forecasts

EUR to GBP Exchange Rate Forecast ? European Central Bank (ECB) Meeting in Focus

19 Jul 2017 at 4 PM - Written by Tim Boyer

STORY LINK EUR to GBP Exchange Rate Forecast ? European Central Bank (ECB) Meeting in Focus

Anticipation for Thursday’s key session kept the Euro to British Pound exchange rate relatively flat throughout Wednesday trade. If the European Central Bank (ECB) takes a hawkish stance, the Euro could see a late-week surge. While it has slipped from this week’s highest level of 0.8897, the EUR/GBP exchange rate has sustained most of...

CATEGORIES: Euro Pound Forecasts

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

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