Currency News

Daily Exchange Rate Forecasts & Currency News

Euro Forecast Directory - Page #273

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

Pound Euro Exchange Rate (GBP EUR) Tumbles On Barroso?s Words

8 Jan 2013 at 9 AM - Written by Tim Boyer

Sterling endured a mixed day in the currency markets yesterday, initially recording pronounced losses against the Australian and Kiwi Dollars. An encouraging set of new car sale data, released by the SMMT yesterday morning, showed that British new car sales had reached their highest level since 2008 last year, providing some reason for...

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Sterling loses Ground Against AUD And NZD Following UK Halifax House Price Survey, GBP EUR Exchange Rate Up

7 Jan 2013 at 2 PM - Written by James Fuller

This morning brought more glum news for UK economic participants in the form of the latest Halifax House Price survey. The closely-watched gauge of the state of Britain’s housing sector concluded that the average UK house price dipped by 0.3% during 2012. The market is expected to remain subdued throughout this year, with no alteration to...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Euro Forecasts Eur Forecasts

Pound Euro Exchange Rate (GBP EUR) Forecasted To Threaten 13-Month Low Following British PM?s Grave Debt Warning

7 Jan 2013 at 9 AM - Written by John Cameron

Thin trading volumes during the week between Christmas and the New Year saw the GBP EUR exchange rate break down to a new 8 ½ month low of 1.2158. Although the first few days of 2013 saw the Pound claw back some of the ground it lost over the festive period, taking the GBP EUR exchange rate back up to close to 1.2400 last Thursday, the pair...

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

Pound Canadian Dollar Rate Edges Higher, GBP EUR Dips

17 Dec 2012 at 6 PM - Written by Frank Davies

Today’s session in the currency markets brought the release of two pieces of positive news for investors holding euro-denominated assets. The EU commission announced earlier that the 27-member euro area had clinched a trade deal with the influential island state of Singapore which will see the instigation of an official Free Trade Area...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions Euro Forecasts Euro Forecasts

Grim ECB Monthly Report Sees GBP EUR Rate Edge Higher

13 Dec 2012 at 3 PM - Written by David Woodsmith

The euro enjoyed strong support during early trading today thanks to the announcement that the eurozone’s Finance Ministers had reached an accord on changing the structure of how the region’s retail banking sector is overseen. The eurogroup revealed that the European Central Bank will take over regulation of Europe’s banks – a...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

GBP to Euro Exchange Rate Down And Could Head Lower

13 Dec 2012 at 9 AM - Written by John Cameron

The euro once gain registered gains against the Pound during yesterday’s session, sending the GBP EUR exchange rate down into the lower half of the 1.2300s by the European equities close. Not for the first time in recent sessions, the single currency appeared to be defying all logic by strengthening against Sterling. The fundamentals...

CATEGORIES: American Dollar Forecasts Dollar Pound Forecasts Euro Forecasts Euro Pound Forecasts P Forecasts

GBP CAD Exchange Rate Up Following Weak Canadian Housing Data, Euro Loses Ground Over Berlusconi Fears

10 Dec 2012 at 6 PM - Written by Frank Davies

There was more bad news for the euro earlier today when Italian Prime Minister Mario Monti announced that he will be quitting his post ahead of schedule. Monti is an affirmed technocrat and was seen as a man whom Brussels could work with in an attempt to control and reduce the Mediterranean nation’s huge governmental debt. The news from...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions Euro Forecasts Euro Forecasts

Price Action For EUR USD Exchange Rate Sends GBP EUR Higher As ECB Slashes Eurozone 2013 GDP Growth Forecast

7 Dec 2012 at 9 AM - Written by Minesh Chaudhari

The euro was the major loser during a busy day in the currency markets yesterday. As anticipated, both the European Central Bank and the Bank of England opted to maintain their respective monetary policies at current levels, however it was ECB President Mario Draghi’s comments which followed his Bank’s decision which sent the single...

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

Pound Euro Exchange Rate Could Tumble Today If Eurozone Retail Sales Data Beats Expectations

5 Dec 2012 at 9 AM - Written by Ben Hughes

This morning’s data schedule is dominated by releases from the eurozone. Key amongst these is the latest whole of eurozone Retail Sales data, which is expected to show at a disappointing annualised level of -0.8%. This would be a repeat of September’s dismal showing. If the anticipated result comes to pass, then it appears highly possible...

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

Sterling Euro Exchange Rate Suffers As BoE Governor Warns Of Liquidity Problems For Britain?s Banks

29 Nov 2012 at 2 PM - Written by Minesh Chaudhari

Risk was firmly back on the menu during this morning’s trading session thanks to encouraging data releases from continental Europe. Switzerland led the way with the release of Q3 GDP data at 0645hrs GMT. The numbers revealed that economic activity in the Alpine nation expanded by a quarterly 0.6%, far ahead of expectations of a showing of...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts