Currency News

Daily Exchange Rate Forecasts & Currency News

Euro Forecast Directory - Page #266

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

Pound euro exchange rate (GBP EUR) Slumps On Weak UK Retail Sales Data

22 May 2013 at 2 PM - Written by David Woodsmith

The Pound Sterling has come under heavy selling pressure during this morning’s European session, thanks to a raft of disappointing UK data releases. The most prominent of these was last month’s British Retail Sales data which showed a surprise drop off of 1.3% compared with the previous month. Analysts had been anticipating an annualised...

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Pound to Euro Exchange Rate (GBP EUR) Tumbles On UK Inflation Figures

21 May 2013 at 2 PM - Written by David Woodsmith

This morning’s main event in the global currency markets came in the form of the publication of the latest headline inflation data from the UK’s Office of National Statistics (ONS). The April Consumer Price Index figure showed at significantly below the expected annualised level of 2.6%. The year-on-year print of 2.4% was considerably...

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GBP EUR, GBP AUD & GBP NZD Exchange Rates Under Threat

21 May 2013 at 9 AM - Written by John Cameron

This morning’s session, from the perspective of the Pound Sterling, at least, is likely to be dominated by the release of a raft of price data which may alter investors’ perspective on the future direction of the Bank of England’s monetary policy. The key headline figure to look out for comes in the form of April’s annualised Consumer...

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GBP EUR Outlook Unclear As BoE Increases UK GDP Forecast

15 May 2013 at 2 PM - Written by Tim Boyer

It was a good news / bad news morning in the currency markets for the Pound Sterling. On the credit side, the Bank of England’s Inflation Report saw the UK’s central bank upwardly amend its growth prediction for Britain’s economy, with overall activity expected to expand by 0.5% during the three months to the end of June 2013. The...

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Outlook For Pound To Euro Exchange Rate (GBP EUR) Improves Following Weak German ZEW Index

14 May 2013 at 3 PM - Written by Toni Johnson

The main event in the currency markets this morning was provided by the publication of the latest edition of the closely-monitored ZEW Sentiment Survey in Germany. Analysts had been anticipating that the gauge of confidence amongst economic participants in the eurozone’s premier economic power would show a healthy increase from last...

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GBP EUR Exchange Rate Forecast To Rise, Same Story For GBP AUD

13 May 2013 at 9 AM - Written by Frank Davies

Decisions by two of the world’s leading central banks appear likely to continue to have a pronounced effect on price action in the global currency markets this week. Last week’s surprise announcement by the Reserve Bank of Australia that it was cutting its key lending rate by 25 basis points to a new record low of 2.75% came as a body...

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Outlook For Pound Euro Exchange Rate (GBP/EUR) Dims Following Lawson?s Comments

8 May 2013 at 9 AM - Written by David Woodsmith

Yesterday’s afternoon session in Europe saw risk appetite make a major comeback having been subdued during the early part of the trading day. The shift in investor sentiment saw the high-yielders well supported on the day, with the Australian Dollar making significant gains. The Aussie had been under sustained selling pressure earlier...

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Pound Euro Exchange Rate Forecast (GBP/EUR) To Accumulate Following Weak Eurozone Retail Sales Data

7 May 2013 at 9 AM - Written by John Cameron

Trading volumes in the UK were extremely light during yesterday’s session thanks to the May Day Bank Holiday. However, it was ‘business as usual’ across Asia and large parts of Europe, triggering pronounced price action for many of the sixteen most-actively traded currencies. Market participants spent the early part of yesterday’s...

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Pound To Euro (GBP EUR) Forecast To Fall If UK GDP Data Disappoints

24 Apr 2013 at 2 PM - Written by Tim Boyer

This morning’s session brought the release of some less than impressive German data in the form of the latest Ifo Business Confidence survey. The gauge of the mood amongst business people in the eurozone’s leading economy showed a sharp drop-off from March’s figure of 106.7 to show at 104.4 this month. Analysts had been anticipating a...

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Euro Exchange Rate: GBP EUR Forecast Negative As Fitch Strips UK Of Its AAA Credit Rating

22 Apr 2013 at 9 AM - Written by Tim Boyer

The weekend market shut down once again brought key developments from the UK following an announcement from one of the world’s three leading credit ratings agencies. Fitch announced late on Friday that it was set to strip Britain of its highly-prized AAA credit rating. The news that a second major credit ratings agencies since the turn...

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