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Euro Forecast Directory - Page #274

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

Pound Euro Exchange Rate GBP/EUR Drops Ahead Of Tomorrow?s Bank Of England Decision

3 Apr 2013 at 9 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate GBP/EUR Drops Ahead Of Tomorrow?s Bank Of England Decision

The euro appeared to defy gravity during yesterday’s session, gaining ground against Sterling in spite of more worrying news from Cyprus and a dire set of whole of eurozone unemployment figures. Investors who had previously believed that the tiny island state was out of the woods following last week’s announcement of a bailout deal from...

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

GBP EUR Exchange Rate Hits 2-Month High On Cyprus Bank Fears

28 Mar 2013 at 9 AM - Written by John Cameron

STORY LINK GBP EUR Exchange Rate Hits 2-Month High On Cyprus Bank Fears

The Pound climbed to its highest level against the euro since 24th January during yesterday’s session, as market participants braced themselves for today’s brief re-opening of Cyprus’s High Street banks. Fears over the reaction of Cypriot savers as the tiny island state’s banks open their doors for the first time in ten days weakened...

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

GBP/USD falls after release of disappointing UK GDP data

27 Mar 2013 at 4 PM - Written by James Fuller

STORY LINK GBP/USD falls after release of disappointing UK GDP data

Sterling has fallen to the 1.50 region against the US Dollar after official data confirmed that the UK economy contracted in the fourth quarter raising concerns that the UK is heading for a triple dip recession. The Office for National Statistics announced that UK Gross domestic product contracted by 0.3% in the final quarter of 2012, in...

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

Foreign currency Exchange Rate Prediction for EUR

27 Mar 2013 at 10 AM - Written by David Woodsmith

STORY LINK Foreign currency Exchange Rate Prediction for EUR

According to Morgan Stanley the Euro could over the next 2 1/2 years fall close or even to parity with the US Dollar as the Eurozone enacts policies to deliberately weaken the value of the currency in a bid to bolster growth in the struggling region. So far this year the Euro has declined by 2.6% and will continue to fall after the Cyprus...

CATEGORIES: American Dollar Forecasts Euro Forecasts

GBP AUD, GBP NZD & GBP EUR Exchange Rates Make Gains On Eurogroup Leader Dijsselbloem?s Comments

26 Mar 2013 at 9 AM - Written by David Woodsmith

STORY LINK GBP AUD, GBP NZD & GBP EUR Exchange Rates Make Gains On Eurogroup Leader Dijsselbloem?s Comments

There’s a new man at the helm of the eurogroup of Finance Ministers, and he certainly made his presence felt during yesterday’s session in the currency markets. In truth, the new head of the eurogroup Jeroen Dijsselbloem, had already attracted some attention when his predecessor Jean-Claude Juncker openly questioned the terms of the...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Euro Forecasts E Forecasts

GBP EUR Exchange Rate Dips Following Cyprus Bailout Deal

25 Mar 2013 at 9 AM - Written by Ben Hughes

STORY LINK GBP EUR Exchange Rate Dips Following Cyprus Bailout Deal

The weekend market shut-down often gives currency market participants pause for reflection and allows the preceding Friday’s global situations to calm down. However, this week’s market close simply allowed the one major pent up potential flashpoint on investors’ minds to increase in gravity. The debt crisis in Cyprus snowballed in...

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

GBP to EUR Exchange Rate Teeters On The Edge Ahead Of Big Vote; Is Cyprus Euro Exit On The Cards?

22 Mar 2013 at 3 PM - Written by Frank Davies

STORY LINK GBP to EUR Exchange Rate Teeters On The Edge Ahead Of Big Vote; Is Cyprus Euro Exit On The Cards?

The waiting game continues. The eurozone’s policymakers have been making public comments throughout this afternoon’s session, as market participants await news from Cyprus. Spain’s policymakers have been at the front of the queue to pass comment on the situation, perhaps because of the Iberian nation’s ongoing struggle with its own...

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

Pound Euro Exchange Rate (GBP EUR) Hits 6-Week High On Cyprus Fears

22 Mar 2013 at 10 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate (GBP EUR) Hits 6-Week High On Cyprus Fears

Price action in the global currency markets during today’s session are likely to be dominated by events in Cyprus. Members of Parliament in the debt-troubled Mediterranean state are due to vote on a series of measures designed to raise the finances required in order to secure a much-needed bail-out from Brussels. The situation in Cyprus...

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

Pound Euro Exchange Rate (GBP EUR) Slumps As Osborne Announces Massive Reduction In 2013 UK GDP Forecast

20 Mar 2013 at 2 PM - Written by Ben Hughes

STORY LINK Pound Euro Exchange Rate (GBP EUR) Slumps As Osborne Announces Massive Reduction In 2013 UK GDP Forecast

Sterling has come under renewed selling pressure this afternoon, following UK Chancellor George Osborne’s announcement during his Budget Statement that the Office for Budget Responsibility has slashed its official GDP growth forecast for the British economy for 2013 from 1.2% to 0.6%. The previous prediction of an increase of 1.2% in...

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

Cyprus Gets 'Strings Attached' ?10bn Bailout, Investors Could Send GBP EUR Rate Higher

18 Mar 2013 at 9 AM - Written by Frank Davies

STORY LINK Cyprus Gets 'Strings Attached' ?10bn Bailout, Investors Could Send GBP EUR Rate Higher

The weekend currency market shutdown brought news of yet another eurozone bailout. The eurogroup of Finance Ministers announced, not unexpectedly, that they had agreed with the International Monetary Fund to provide an emergency advance to the debt-addled state of Cyprus in an attempt to help salve its desperate fiscal position. The €10bn...

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

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