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Euro Forecast Directory - Page #278

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

Pound Euro Exchange Rate Could Head Higher On ECB President Monti's Comments

6 Aug 2012 at 10 AM - Written by John Cameron

As this week’s session begins, the euro and global stock markets are trading slightly lower. The downward move for equities comes in spite of last Friday afternoon’s highly positive US Non-Farm Payrolls data, which showed that job creation in the world’s leading economy far outstripped expectations last month. The wobble in global...

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Indian Rupee Forecast: INR USD Exchange Rate Makes Gains

17 Jul 2012 at 8 PM - Written by Minesh Chaudhari

Indian Rupee forecast: The Rupee has risen by 20 paise against the US Dollar and closed at 55.11 in the Asian markets. The rise comes after a fresh bout of selling of the US currency by exporters ahead of today’s congressional hearing of the Federal Reserve. Traders will be keeping a close eye on this evenings meeting and will be seeking...

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Exchange Rates Today: Indian Rupee Sees Biggest Daily Gain in 3 Years

29 Jun 2012 at 6 PM - Written by Minesh Chaudhari

The Indian Rupee has posted its biggest daily gain for three years today after the Indian government confirmed that it will impose retroactive taxes on foreign investors and the positive news out of the European summit in Brussels calmed market nerves. Despite the gains, the rupee has posted its worst quarter in at least 17 years having first...

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Euro Exchange Rate Surges Against Pound & Dollar As EU Agreement Reached

29 Jun 2012 at 10 AM - Written by Ben Hughes

The Euro exchange rate has seen a change in its fortunes and has surged to a three month high against the US Dollar. The outcome from the first day of the key EU summit produced firm decisive action to halt the slide of the Eurozone debt crisis. EU leaders agreed that its rescue funds would be used to stabilise the bond markets without...

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Dollar Exchange Rate Weakens Against Peers as Confidence Grows Ahead of EU Summit

28 Jun 2012 at 10 AM - Written by John Cameron

The US dollar has weakened against many of its counterparts after Asian stocks rallied for a second day in a row as the markets grow more confident ahead of today’s EU summit in Brussels. The main reason for the dollars weakening is that Investors are cautious about entering the weekend filled with risk-off positions in case positive...

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Prospects For Sterling Euro Exchange Rate Uncertain Ahead Of Eurozone Summit And German CPI Inflation Data

27 Jun 2012 at 12 PM - Written by Tim Boyer

European Union Commission President Jose Manuel Baroso heralded this Thursday’s eurozone summit as a new dawn for the troubled region in a set-piece speech yesterday afternoon. However, the market was not impressed by Baroso’s words, as investors tripped over each other to sell-off euro-denominated assets. This sent the GBP EUR exchange...

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Pound To Hong Kong Dollar Rate Could Dip As Investors Shift Out Of Risk

22 Jun 2012 at 4 PM - Written by Minesh Chaudhari

A quiet day for UK data releases failed to hold back the Pound, which registered healthy gains across the board during this morning’s European session. However, Sterling positivity was on the wane by the middle part of the day, as investors start to fear the worst for Britain’s banks following Moody’s actions in downgrading of three...

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Dire UK CPI Inflation Data Triggers Talk of More British QE, Sending GBP USD Rate Lower

19 Jun 2012 at 10 AM - Written by Minesh Chaudhari

Last night saw a disappointing showing for Asian equities markets following leading credit ratings agency Fitch’s announcement that it is downgrading its outlook for India’s giant economy to ‘negative’. The development saw both the Tokyo and Hong Kong indices lose ground overnight, leaving investors in no doubt – what is bad news...

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Greece?s Pro-Bailout Election Result Proves Negative For Pound To Euro Exchange Rate

18 Jun 2012 at 9 AM - Written by John Cameron

Early indications from Greece’s General Election held yesterday, are that the pro-bailout ‘New Democracy’ party, led by Antonis Samaras, have secured over 30% of the popular vote, making them the best-supported party. Significantly, New Democracy will garner 50 ‘bonus seats’ in any new parliament by dint of the fact that they...

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Pound To Euro Exchange Rate Eases In Spite Of Spanish Debt Yields Spiralling To 7%

15 Jun 2012 at 9 AM - Written by Toni Johnson

Spain was making the headlines in the currency markets yesterday, and again it was for all the wrong reasons. For the past few weeks, the interest the Spanish government had been paying on its 10 year bonds has been edging higher. The increased yields on Spanish bills have been precipitated by deep-seated concerns regarding the nation’s...

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