Currency News

Daily Exchange Rate Forecasts & Currency News

Euro Forecast Directory - Page #287

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

Exchange Rate Forecasts For GBP, USD, EUR and TRY

21 Apr 2012 at 10 AM - Written by John Cameron

A strong showing for yesterday morning’s UK Retail Sales numbers, sent the POUND STERLING sharply higher in early trading. The Pound gave up some of these gains as yesterday’s European session progressed, thanks to profit-taking from speculators, but it’s still been an encouraging week for investors holding Sterling-denominated assets....

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Euro Fails To Strengthen In Spite Of Strong Spanish Bond Uptake, As Italy Slashes 2012 Growth Forecast

20 Apr 2012 at 9 AM - Written by Toni Johnson

Yesterday’s session brought relief for global investors as the latest Spanish debt auction saw a strong uptake for the troubled Iberian state’s government bonds. The Spanish treasury had been attempting to shift €2.5bn of its gilts, but managed to sell some €2.54bn worth of debt at significantly reduced yields. The rate of interest...

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Pound Rallies To A New 19-Month High Against The Euro Following Strong UK Employment Data And BoE Minutes

19 Apr 2012 at 9 AM - Written by David Woodsmith

Investors holding Sterling had been waiting a long time for a strong piece of data to emanate from the UK economy, then yesterday morning two encouraging releases came along at the same time. The Bank of England minutes for April’s meeting caught many analysts on the back foot when they revealed that only one member of the nine-man...

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Jump in UK Inflation Helps Sterling to Euro Exchange Rate Climb

18 Apr 2012 at 9 AM - Written by John Cameron

The future direction of UK monetary policy grabbed the headlines in the currency markets during yesterday’s trading session, as the latest British inflation figures showed a surprise hike in the rate of domestic price rises. March’s headline CPI inflation number showed at an annualised 3.5%, up from February’s counterpart number of...

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Pound To Euro Exchange Rate Threatens New 18-Month High As Spanish Debt Fears Escalate

16 Apr 2012 at 9 AM - Written by Ben Hughes

Eurozone debt concerns cast a dark pall over the financial markets as last week’s trading session drew to a close. The focus of investors’ fears was once again Spain. The yields on Spanish 10 year government bonds edged towards 6% on Friday’s session – a level which they had approached in the early part of last week, before dropping...

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Pound To Euro Exchange Rate Eases As ECB Monthly Report Alters Investors? Eurozone Interest Rate Expectations

13 Apr 2012 at 9 AM - Written by David Woodsmith

Yesterday’s session in the currency markets saw the euro steady its ship against the other majors, following the release of the European Central Bank’s Monthly Report which delivered a stern message regarding the Bank’s stance on future price rises in the region. The ECB predicted that inflation would remain above 2% for the remainder...

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Pound To Euro Exchange Rate Spirals To 10-Week High As Investors Shun Spanish Bonds

5 Apr 2012 at 9 AM - Written by Frank Davies

The Pound to Euro Exchange Rate is 1.2082. A disappointing uptake for Spanish government bonds at yesterday’s auction shaped the currency markets during yesterday’s session. The debt-addled Iberian state managed to shift only €2.6bn worth of gilts – it had been targeting €2.5-€3.5bn. This was seen as a ‘vote of no...

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

Pound To Euro Exchange Rate Edges Lower Ahead Of Today?s ECB Interest Rate Announcement

4 Apr 2012 at 9 AM - Written by Minesh Chaudhari

Yesterday brought some encouragement for the euro when widely-respected financier, Juergen Stark, formerly the Chief Economist at the European Central Bank, cast aspersions on the widely-held belief that the fall-out from a potential full-on debt default by a eurozone nation state, (…Greece, Ireland, Portugal……. take your pick…),...

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Streling To Euro Rate Gains On Weak German Retail Sales Data

1 Apr 2012 at 9 AM - Written by Minesh Chaudhari

The Current Sterling To Euro Exchange Rate Is 1.2050. Friday’s session brought a mixed bag of currency news for the euro. On the credit side, the single currency was buoyed by the announcement by Spain’s centre-right government that it was set to trim €27bn from its annual budget. This massive swathe of expenditure cuts played well...

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Pound Euro Rate Spirals On Renewed Greek Debt Fears

30 Mar 2012 at 9 AM - Written by Ben Hughes

The Pound Sterling To Euro Exchange Rate is 1.1988. There was fresh bad news for the euro during yesterday’s session in the currency markets, as leading ratings agency Standard & Poors commented that debt-addled Hellenic economy Greece may have to undertake further fiscal re-structuring in order to reach a resolution to its...

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