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Euro Forecast Directory - Page #272

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

Pound Euro Exchange Rate (GBP EUR) Slumps To 10-Month Low Following Dire UK Retail Sales Data

21 Jan 2013 at 9 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate (GBP EUR) Slumps To 10-Month Low Following Dire UK Retail Sales Data

Sterling has been one of the worst-performing of the sixteen most-actively traded global currencies since the start of 2013, giving up a full 3% of its value against the euro in the period since 3rd January alone. Sterling had been under selling pressure as the New Year got underway thanks to investor’s concerns that the UK might be...

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Pond Euro Exchange Rate (GBP EUR) Breaks To New Nearterm Low Following Demise Of HMV

15 Jan 2013 at 9 AM - Written by Minesh Chaudhari

STORY LINK Pond Euro Exchange Rate (GBP EUR) Breaks To New Nearterm Low Following Demise Of HMV

Last night’s announcement from British High Street music and DVD chain HMV that it has called in the administrators provided another hammer blow for Britain’s beleaguered retail sector. HMV, which has been in severe trouble for some months, employs 4,350 British workers. The news comes hot on the heels of announcements from electrical...

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Pound Euro Exchange Rate (GBP EUR) Breaks To New 9 ? Month Low, Negative Signs For Australia?s Housing Sector

14 Jan 2013 at 4 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate (GBP EUR) Breaks To New 9 ? Month Low, Negative Signs For Australia?s Housing Sector

This morning’s whole of eurozone Industrial Production data for November showed an annualised drop of some 3.7% in the region’s total factory output. The drop shows that the contraction in the level of goods and services coming out of Europe’s factories is picking up pace – October’s counterpart figure showed at -3.3%. The ugly...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Euro Forecasts Eur Forecasts

Pound Euro Exchange Rate (GBP EUR) Forecasted To Fall Further Following Break To New 9 ? Month Low

14 Jan 2013 at 9 AM - Written by James Fuller

STORY LINK Pound Euro Exchange Rate (GBP EUR) Forecasted To Fall Further Following Break To New 9 ? Month Low

Sterling slumped to its lowest level against the euro since April 2012 during Friday’s afternoon session in the currency markets, following the release of the latest edition of the closely-watched NIESR UK GDP growth estimate, which predicted that the British economy had contracted by 0.3% during the final three months of last year. The...

CATEGORIES: Daily Currency Updates Euro Forecasts Euro Pound Forecasts Pound Eu Forecasts

GBP EUR Exchange Rate Forecasted To Head Lower Despite Record Greek Unemployment Figure

11 Jan 2013 at 9 AM - Written by Frank Davies

STORY LINK GBP EUR Exchange Rate Forecasted To Head Lower Despite Record Greek Unemployment Figure

Japan’s recently-elected Prime Minister Shinzo Abe issued a statement of intent last night when his new government announced that it will be injecting a mammoth 10.3 trillion Yen of new credit into the nation’s ailing economy in an attempt to spur domestic economic growth. Japan’s policymakers have estimated that the package, which...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts Eur Forecasts

Foreign Currency Exchange Rate Predictions For GBP, EUR, AUD And SGD For Today

10 Jan 2013 at 6 PM - Written by John Cameron

STORY LINK Foreign Currency Exchange Rate Predictions For GBP, EUR, AUD And SGD For Today

The POUND STERLING should have recorded gains today, following the news that the Bank of England’s monetary policy committee decided against any further loosening of the UK’s domestic monetary policy. The fact that Sterling has lost ground against the euro, Australian and Kiwi Dollars is indicative of the negative sentiment surrounding...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Euro Forecasts Eur Forecasts

Pound Euro Exchange Rate Forecasted To Suffer Selling Pressure Following ECB / BoE Policy Decisions

10 Jan 2013 at 9 AM - Written by Minesh Chaudhari

STORY LINK Pound Euro Exchange Rate Forecasted To Suffer Selling Pressure Following ECB / BoE Policy Decisions

Fears that the UK is increasingly taking up an isolationist position in global affairs burgeoned yesterday following comments made by a senior US State Department policymaker. In an unusual step, Philip Gordon, who holds a senior role in America’s foreign affairs department, appeared to offer Britain’s ruling coalition government advice...

CATEGORIES: Daily Currency Updates Euro Forecasts Euro Pound Forecasts Pound Eu Forecasts

Pound Australian Dollar Exchange Rate (GBP AUD) Down As Investor Sentiment Remains Buoyant

9 Jan 2013 at 2 PM - Written by David Woodsmith

STORY LINK Pound Australian Dollar Exchange Rate (GBP AUD) Down As Investor Sentiment Remains Buoyant

On the face of it, this morning’s UK trade balance data for November provided further cause for pessimism regarding the future prospects for Britain’s economy. The figure showed that the UK’s total trade gap stood at a whopping £3.466bn the month before last – well ahead of analysts’ expectations of a showing of £3.00bn. Members...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Euro Forecasts Eur Forecasts

Pound Remains Subdued Against Euro Despite Positive December UK Online Retail Sales

9 Jan 2013 at 9 AM - Written by Toni Johnson

STORY LINK Pound Remains Subdued Against Euro Despite Positive December UK Online Retail Sales

Yesterday’s figures from the British Retail Consortium (BRC) revealed a marked alteration in the way UK economic participants are buying their goods and services. The December retail sales figures from the BRC showed a near 20% annualised increase in the value of online non-food orders, dwarfing the overall year-on-year increase in British...

CATEGORIES: Daily Currency Updates Euro Forecasts Euro Pound Forecasts Pound Eu Forecasts

Sterling Euro Exchange Rate (GBP EUR) Edges Lower As Fears Grow Regarding UK Retail Sector Equities

8 Jan 2013 at 3 PM - Written by John Cameron

STORY LINK Sterling Euro Exchange Rate (GBP EUR) Edges Lower As Fears Grow Regarding UK Retail Sector Equities

A raft of eurozone data released earlier today sent out mixed messages regarding the state of the combined economies of mainland Europe. The bad news for the region was that whole of eurozone Retail Sales data for November showed at an annualised -2.6% versus expectations of a showing of -2.1%. Although this represented an improvement from...

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