Currency News

Daily Exchange Rate Forecasts & Currency News

Euro Forecast Directory - Page #294

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

Foreign Exchange Report : GBP EUR Rate Holds Steady In Spite of IMF's Sovereign Debt Warnings

20 Jul 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1398. The Pound Dollar exchange rate (GBP USD) is 1.6117. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5043. The IMF poured further fuel onto the flames of the Eurozone’s debt crisis yesterday as comments by the organisation’s Executive Board revealed grave concerns about the...

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Foreign Exchange Report : European Bank Stress Test Results Fail to Provide Support For Euro, While USD Remains In Danger

18 Jul 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1444. The Pound Dollar exchange rate (GBP USD) is 1.6107. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5184. The European Banking Authority (EBA) announced the results of its latest Stress Test into the creditworthiness of ninety leading European retail banks late on Friday...

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Foreign Exchange Report : GBP USD Rate Steady as Italy Votes to Tackle ?Monster Debt?, Euro Weakens Ahead of Bank Stress Tests

15 Jul 2011 at 8 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1426. The Pound Dollar exchange rate (GBP USD) is 1.6124. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5144. The Eurozone’s ongoing sovereign debt crisis dominated the headlines yesterday and once again market participants focussed on Italy’s debt situation, as the Italian Senate...

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Foreign Currency Insight : GBP USD Rate Spirals as Fed Chairman Ben Bernanke Raises the Possibility of Further US Quantitative Easing

14 Jul 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1355. The Pound Dollar exchange rate (GBP USD) is 1.6150. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5028. The US Dollar plummeted during yesterday afternoon’s European session following Federal Reserve Chairman Ben Bernanke’s Semi-annual speech on monetary policy to...

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Foreign Exchange Report : GBP EUR Rate Gives Up Gains Following Poor UK Inflation and Trade Numbers

13 Jul 2011 at 7 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1381. The Pound Dollar exchange rate (GBP USD) is 1.5927. The Pound Australian Dollar exchange rate (GBP AUD) is 1.4977. The Pound started yesterday’s European session on a solid footing, but Sterling’s steady performance only lasted until 0930hrs BST when a raft of negative UK data was...

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Foreign Exchange Report : GBP EUR Rate Trades Up as Italian and Spanish Debt Yields Reach Record Levels, USD and CHF Gain Support

12 Jul 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1363. The Pound Dollar exchange rate (GBP USD) is 1.5866. The Pound Australian Dollar exchange rate (GBP AUD) is 1.4964. The Euro suffered another torrid day on the markets yesterday as fears heightened that the Eurozone’s sovereign debt situation is set to escalate. The Eurozone’s...

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Foreign Exchange Report : GBP EUR Rate Trades Lower Following ECB Interest Rate Hike and Trichet?s Press Conference

8 Jul 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1123. The Pound Dollar exchange rate (GBP USD) is 1.5948. The Pound Australian Dollar exchange rate (GBP AUD) is 1.4807. The Bank of England Monetary Policy Committee surprised no-one when they announced that they had elected to maintain base rate at it’s current record-low level of 0.50%. The...

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Foreign Exchange Insight : GBP EUR Rate Recovers as Eurozone Data Disappoints and Portuguese Debt is Downgraded to ?Junk? Status

6 Jul 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1126. The Pound Dollar exchange rate (GBP USD) is 1.6081. The Pound Australian Dollar exchange rate (GBP AUD) is 1.4994. The Euro lost ground against the safe-haven Swiss Franc and US Dollar for the first time in five trading sessions yesterday, through a combination of weak data releases and...

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Foreign Exchange Insight : GBP EUR Breaks to New 15-Month Low, While GBP CHF Shoots Upwards Following Parliamentary Approval for Greece?s Austerity Package

1 Jul 2011 at 9 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1076. The Pound Dollar exchange rate (GBP USD) is 1.6077. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5012. The major news in the currency markets yesterday once again emanated from Greece, where the ruling PASOK party gained parliamentary support for the implementation of its...

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Foreign Exchange Report : GBP AUD Plummets to 26-Year Low as Greece Votes ?Yes? to Austerity, GBP EUR Down Again

30 Jun 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1101. The Pound Dollar exchange rate (GBP USD) is 1.6108. The Pound Australian Dollar exchange rate (GBP AUD) is 1.4989. Greece’s parliament yesterday voted in favour of the proposed package of austerity measures by 155 votes to 138. The voting was not as clear-cut as some analysts had...

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