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Euro Forecast Directory - Page #266

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

GBP/EUR Forecast: Pound to Euro Exchange Rate Dips on Euro Zone Data; Outlook Higher Tomorrow

9 Dec 2013 at 6 PM - Written by Tim Boyer

The Euro exchange rate (currency: EUR) received a double boost earlier today, with the publication of a strong set of German trade data and news of an upgrade to its domestic 2014 growth forecast from the Bank of France. Although October’s German current account figure was slightly below September’s counterpart number, it still managed...

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Pound to Euro / Canadian Dollar Exchange Rates Forecast To Head Northwards

5 Dec 2013 at 11 AM - Written by Toni Johnson

Price action during today’s session promises to be dominated by two central bank policy decisions on this side of the Atlantic. The Bank of England leads the way with its latest announcement due at midday today. It’s almost a given that interest rates will once again remain at 0.50% but the tone of any accompanying ‘forward guidance’...

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GBP EUR Exchange Rate Forecast To Gain, GBP INR Rate Goes Up

3 Dec 2013 at 4 PM - Written by John Cameron

A strong showing from this morning’s Purchasing Manager Index survey of the Construction sector of the UK economy brought more good news for the Pound Sterling. The November gauge of activity levels in Britain’s building sector, which many analysts are looking to in order to return UK PLC to economic prosperity, printed at 62.6, up from...

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Euro Exchange Rate Today: Pound Sterling to Euro Hits 10 ? Month High of 1.21177 GBP/EUR

2 Dec 2013 at 6 PM - Written by Ben Hughes

The Pound euro exchange rate struck its highest level since the middle part of January during the middle part of today’s European equities session, as institutional investors fretted over the potential for further euro-negative comments from European Central Bank President Mario Draghi at his post-ECB policy decision press conference on...

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Euro Currency Forecast: GBP EUR Exchange Rate Forecast To Climb if ECB Cut Key Lending Rate

2 Dec 2013 at 9 AM - Written by John Cameron

The Pound euro exchange rate ended last week’s session only slightly below its key level of technical resistance at 1.2048, but it managed to break through this importatnt level during early trading in last night's Asian session. The pair has attempted, and failed, to hold above the 1.2000 threshold on several distinct occasions since it...

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Pound Euro Forecast: GBP EUR Exchange Rate Makes Run at 10 1/2 Month High

29 Nov 2013 at 7 PM - Written by David Woodsmith

The Pound euro exchange rate (GBP/EUR) has shown several instances of counter-intuitive price movement during the weeks since the European Central Bank opted to cut its key lending rate to a new all-time low of 0.25%. By rights, GBP EUR was forecasted to have shot higher and established itself firmly in the 1.2000s on the news, so the fact...

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Exchange Rate Forecasts: Pound to Euro (GBP/EUR) & Pound to Canadian Dollar (GBP/CAD) To Break To New Highs

29 Nov 2013 at 11 AM - Written by Ben Hughes

Data releases during today’s session are likely to provide investors holding Sterling-denominated assets with further clues on the state of the real economy in the UK. After yesterday’s firm assertion from Bank of England Governor Mark Carney that the recovery in Britain’s housing sector is so strong that a house price bubble might be...

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Euro to Pound Exchange Rate (EUR/GBP) Boosted Today; Sterling Euro Forecast Sees Strong Price Action Next Week

22 Nov 2013 at 2 PM - Written by John Cameron

The Euro to Pound Sterling exchange rate (EUR/GBP) enjoyed a much-needed boost earlier today following the publication of the latest IFO Sentiment Index in Germany earlier today. The closely-monitored gauge of optimism in mainland Europe’s premier economy showed an increase from 107.4 in October up to 109.3 last month. This larger than...

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Pound Euro (GBP/EUR) Exchange Rate Forecast To Break To New 10-Month High

20 Nov 2013 at 6 PM - Written by John Cameron

The Pound Euro exchange rate soared this afternoon as market participants shifted wholesale out of euro denominated assets. The move against the single currency was triggered by market rumours regarding the future direction of the European Central Bank’s monetary policy. Pound to Euro Trades Close to 10 Month High The Pound euro...

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Pound Sterling to Euro (GBP EUR) Exchange Rate Moves Higher On European Budget Wrangle

15 Nov 2013 at 4 PM - Written by Tim Boyer

The Euro Pound exchange rate (EUR/GBP) suffered a blow earlier when news broke of a potential debt standoff between the European Commission and Spain and Italy. Meanwhile, good news from the North Sea could provide support for Pound Sterling in the weeks to come. Pound Sterling to Euro Exchange Rate Tests Higher The Pound Euro exchange...

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