Currency News

Daily Exchange Rate Forecasts & Currency News

Euro Forecast Directory - Page #276

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

Pound Euro Exchange Rate (GBP EUR) Remains Low Despite Draghi And Van Rompuy?s Words

19 Feb 2013 at 9 AM - Written by John Cameron

A light schedule of global data releases during yesterday’s session meant that investors placed increased focus on public comments from policymakers and central bankers. European Council President Herman Van Rompuy took to the lectern to deliver a set piece speech defending the controversial eurozone-wide budgetary pact which the region’s...

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Positive Spanish Bad Loans Data Sends GBP EUR Exchange Rate Lower Again

18 Feb 2013 at 6 PM - Written by Minesh Chaudhari

Sometimes a ‘bad bank’ can be a good thing – or so it would seem. The Bank of Spain published its latest Bad Loans data earlier today and the figure proved to be good news for the euro. The numbers from Spain’s central bank revealed that the collective ratio of bad loans held by the struggling Iberian nation’s retail banking sector...

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GBP AUD And GBP NZD Exchange Rates Claw Back Lost Ground In Spite Of Positive Michigan Confidence Survey

18 Feb 2013 at 9 AM - Written by Frank Davies

Friday afternoon’s Michigan Sentiment survey revealed that confidence levels amongst economic participants in the US has risen to its highest level for some three months. The release helped to ensure that global appetite for risk ended the week on an uptick; investor sentiment had taken a hit earlier in the week, when Q4 GDP data from...

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Weak UK Retail Sales Print And Strong NZ Data Sends GBP NZD Exchange Rate To Multi-Decade Low

15 Feb 2013 at 10 AM - Written by David Woodsmith

The Pound New Zealand Dollar exchange rate (currency : GBP NZD) slumped to a new multi-decade low last night, following the release of stronger-than anticipated New Zealand retail sales numbers for Q4 2012. The data revealed a quarter-on-quarter increase in domestic shop sales of a healthy 2.1% during the final three months of last year,...

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Pound Japanese Yen Exchange Rate (GBP JPY) Tumbles Following G7 Comments

13 Feb 2013 at 9 AM - Written by Ben Hughes

The Pound endured yet another horror session against the euro yesterday. Price action for the pair during the early part of the day was played out in front of the backdrop of yesterday afternoon’s fast-impending face-to-face between European Central Bank President Mario Draghi and under-pressure Spanish Prime Minister Mariano Rajoy. The...

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Foreign Currency Exchange Rate Prediction For GBP EUR And Forecasts For USD & CHF

12 Feb 2013 at 2 PM - Written by James Fuller

The POUND STERLING has endured another dismal session in the currency markets, almost totally eradicating its gains of the second half of last week against the other global majors. The fact that this morning’s UK CPI inflation data revealed that the rate of British price rises remains well above target, and yet Sterling has still suffered...

CATEGORIES: Currency Predictions Dollar Pound Forecasts Euro Forecasts Euro Pou Forecasts

North Korean Nuclear Test And UK Inflation Data Shape Currency Market Price Action

12 Feb 2013 at 9 AM - Written by John Cameron

The safe haven US Dollar has picked up some support in the currency markets during the overnight session thanks to reports of seismic activity in North Korea. The minor ‘quake’ is thought to have been caused by a nuclear test from the secretive nation – if this proves to be the case, then this is North Korea’s third such action in the...

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UK Business Confidence Plummets Hitting pound To Euro Exchange Rate (GBP EUR) Hard

11 Feb 2013 at 6 PM - Written by Toni Johnson

Not for the first time since the turn of the year, the GBP EUR exchange rate was the currency pair which showed most movement on the day today. The Pound started today’s session lodged in the 1.1800s, only slightly below last week’s intraweek high of 1.1839, which came late on Friday. However, the euro has come roaring back against the...

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Carney?s Comments Propel Pound Euro Exchange Rate (GBP EUR) To 2-Week High

8 Feb 2013 at 9 AM - Written by Ben Hughes

Sterling staged a dramatic turnaround in the currency markets yesterday, reversing a portion of the losses which it has incurred since the start of 2013 to outperform all of the other sixteen most-actively traded global currencies on the day. The Pound’s positive showing was largely attributable to comments by Bank of England...

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Pound Euro Exchange Rate (GBP EUR) Soars Following Draghi And Carney?s Comments

7 Feb 2013 at 3 PM - Written by John Cameron

The euro has been the major loser in the global currency markets during this afternoon’s session, following comments from European Central Bank President Mario Draghi in his post policy decision press conference. Draghi delivered a fervently downbeat assessment of the eurozone’s short-to-medium term economic prospects following his...

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