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Euro Forecast Directory - Page #281

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

Pound Euro Exchange Rate Slips As Greece Votes For New Austerity Package

12 Nov 2012 at 4 PM - Written by David Woodsmith

STORY LINK Pound Euro Exchange Rate Slips As Greece Votes For New Austerity Package

A light day for data releases hasn’t stopped Sterling putting in a dismal performance in the markets. The Pound has lost ground against nearly all of the other sixteen most-actively traded currencies, including the euro, on the session. Broad Sterling weakness helped trigger the move lower on the day for GBP EUR, however the main...

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

Pound Euro Exchange Rate Could Climb, US Dollar Weakens On Obama Victory

7 Nov 2012 at 9 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Could Climb, US Dollar Weakens On Obama Victory

What goes around, comes around, or so it appears in Athens. Greece’s parliament is due to vote on a new raft of austerity measures, which would save the ailing Hellenic economy a total of €13.5bn, later this week. Greek workers have responded to the news by staging a 48hr walk-out – probably the last thing a struggling economy needs. If...

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Pound Euro Exchange Rate Steady As Fears Grow Over France And Greece

5 Nov 2012 at 6 PM - Written by Minesh Chaudhari

STORY LINK Pound Euro Exchange Rate Steady As Fears Grow Over France And Greece

This week’s session started badly for Sterling with this morning’s release of the latest UK PMI Services sector survey, which revealed a larger than expected drop-off in growth levels in this key sector of the British economy last month. Analysts had been expecting a slight decrease from September’s 52.2 showing, however there was...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Euro Forecasts Eur Forecasts

Pound hits one-month high as Euro downturn deepens

2 Nov 2012 at 4 PM - Written by Ben Hughes

STORY LINK Pound hits one-month high as Euro downturn deepens

Sterling has risen to a one-month high against the Euro after the British currency was bolstered by better-than-expected UK construction activity data. Data last week showed the UK economy had climbed out of recession although there are doubts about the underlying strength of the economy. The good news added to investor optimism that the UK...

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

GBP to Euro Exchange Rate Blips Higher On Record Eurozone Unemployment Figure

31 Oct 2012 at 3 PM - Written by David Woodsmith

STORY LINK GBP to Euro Exchange Rate Blips Higher On Record Eurozone Unemployment Figure

This morning’s session has brought more worrying data releases for the eurozone, as evidence mounts that the stringent austerity measures across the region’s most debt-strapped states are having a severe effect on the bloc’s real economies. Perhaps the most problematic state of all is Greece – a fact which was underlined by today’s...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions Euro Forecasts Euro Forecasts

Exchange Rates Forecast: Could GBP EUR Exchange Rate Head Down To 10-Month Low Of 1.1756?

31 Oct 2012 at 9 AM - Written by John Cameron

STORY LINK Exchange Rates Forecast: Could GBP EUR Exchange Rate Head Down To 10-Month Low Of 1.1756?

In spite of last Thursday’s mildly encouraging UK Q3 GDP data, the UK economy’s vital signs remain worrying. Meanwhile, the eurozone’s debt problems continue to provide a nagging cause for concern for investors holding euro-denominated assets. With the two economies facing such clearly defined problems, it can be difficult for market...

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

Pound Euro Exchange Rate Under Pressure Following ECB President Draghi?s Comments

29 Oct 2012 at 9 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Under Pressure Following ECB President Draghi?s Comments

The eurozone took a step closer to becoming the ‘Federal State’ which many British cabinet members appear to fear yesterday, when European Central Bank President Mario Draghi gave his public backing to German Finance Minister Wolfgang Schaeuble‘s recent calls for Brussels to be given the power to dictate nation states' national budgets....

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

Pound Euro Exchange Rate Gains On Weak Eurozone PMI Survey

24 Oct 2012 at 4 PM - Written by Tim Boyer

STORY LINK Pound Euro Exchange Rate Gains On Weak Eurozone PMI Survey

Analysts were expecting this morning’s whole of eurozone Composite Purchasing Managers Index survey to show an increase from last month’s showing of 46.1. It therefore came as a significant blow to the euro when the latest survey of business activity in the region showed a surprise drop to 45.8 – this is the fastest rate of contraction...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Euro Forecasts Eur Forecasts

GBP EUR Exchange Rate Threatened as Ten EU States Announce Tobin Tax & UK Appears Increasingly Isolated

24 Oct 2012 at 10 AM - Written by James Fuller

STORY LINK GBP EUR Exchange Rate Threatened as Ten EU States Announce Tobin Tax & UK Appears Increasingly Isolated

The UK is increasingly looking like the eurozone’s poor relation following yesterday afternoon’s announcement that ten of Europe’s leading economies are to set in motion plans for an ad valorem tax on financial transactions. The group of ten includes the region’s economic powerhouses of Germany and France, as well as debt-burdened...

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

Pound Euro Exchange Rate Tumbles To 5 ? Month Low In Spite Of Bundesbank GDP Warning

22 Oct 2012 at 6 PM - Written by Toni Johnson

STORY LINK Pound Euro Exchange Rate Tumbles To 5 ? Month Low In Spite Of Bundesbank GDP Warning

Risk remained well and truly off the menu during today’s session, thanks to ongoing concerns regarding tensions in the Asian economy. Data released earlier today revealed that Japanese exports to China had tumbled by an annualised 10.3% in September thanks to a boycotting of Japanese products and services by Chinese citizens in protest at...

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