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Euro Forecast Directory - Page #211

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

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

GBP/EUR Fails to Capitalise as Greece Re-enters Recession

15 May 2017 at 12 PM - Written by Tim Boyer

STORY LINK GBP/EUR Fails to Capitalise as Greece Re-enters Recession

The GBP/EUR exchange rate is struggling around opening levels of 1.1792 today. The British Pound has been kept weak by a new report from EY ITEM Club which offers a dovish forecast for the UK labour market over the coming years. As well as a -0.1% fall in employment in 2018, the unemployment rate will rise from 4.7% to 5.4%, increasing...

CATEGORIES: Pound Euro Forecasts

EUR to USD Exchange Rate Calmer Ahead of Friday?s Key Data

11 May 2017 at 10 AM - Written by Frank Davies

STORY LINK EUR to USD Exchange Rate Calmer Ahead of Friday?s Key Data

Thursday finally saw the Euro recover slightly after being sold in profit-taking for most of the week. The Euro to US Dollar exchange rate has also benefitted from decent Eurozone data and US political jitters. After Sunday’s election of pro-EU Emmanuel Macron as the next President of France, EUR/USD briefly jumped to a high of 1.1022 at...

CATEGORIES: Daily Currency Updates Euro Forecasts

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