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Daily Exchange Rate Forecasts & Currency News

Euro Forecast Directory - Page #296

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

Foreign Exchange Update : Soft Global Economic Data Releases Send EUR CHF and USD CHF Rates to New Record Lows

2 Jun 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1371. The Pound Dollar exchange rate (GBP USD) is 1.6332. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5381. A series of poor data releases and renewed concerns over the Eurozone sovereign debt crisis saw share markets plummet following Tuesday’s day of gains for equities. The...

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Foreign Exchange Update : Share Markets Power Forward Causing GBP NZD and GBP ZAR Rates to Plummet

1 Jun 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1410. The Pound Dollar exchange rate (GBP USD) is 1.6460. The Pound South African Rand exchange rate (GBP ZAR) is 11.2095. The major theme in the currency markets yesterday was the return of investors’ appetite for riskier assets. The tone for the day was set with the release of positive...

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Foreign Exchange Update : GBP EUR Rate Set to Rise as Eurozone Sovereign Debt Woes Continue

31 May 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1503. The Pound Dollar exchange rate (GBP USD) is 1.6541. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5442. The British Chambers of Commerce issued a gloomy prognosis for the UK economy in a report which was released over the weekend. The BCC downgraded its 2011 growth forecast...

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Foreign Exchange Insight : Comments by ECB Policy-Makers Send GBP EUR Rate Higher

27 May 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1544. The Pound Dollar exchange rate (GBP USD) is 1.6444. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5382. The Euro experienced significant volatility late on yesterday, as several European policy-makers commented on the ongoing Eurozone sovereign debt crisis. ECB Board Member...

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Foreign Exchange Report : GBP EUR Exchange Rate Hits Two Month High as UK Import/Export Figures Push the Pound Higher

26 May 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1515. The Pound Dollar exchange rate (GBP USD) is 1.6305. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5391. Yesterday morning’s data releases in the UK proved generally supportive for the Pound, as Sterling enjoyed a positive day on the currency markets. The major UK data...

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Foreign Exchange Outlook : EUR CHF Rate Drops to it Lowest Ever Level as Euro Debt Concerns Heighten

24 May 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1456. The Pound Dollar exchange rate (GBP USD) is 1.6124. The Euro once again stole the limelight in the currency markets yesterday, as fears increased that several peripheral nations may be at risk of defaulting on their sovereign debts. The yield on Greece’s 10 year treasury bills rose to...

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Foreign Exchange Report : GBP EUR Rate Spirals as Greek Debt Woes Escalate, While USD Strengthens

23 May 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1513. The Pound Dollar exchange rate (GBP USD) is 1.6201. Movements in the currency markets leading up to Friday’s close were dominated by one story - Greece’s ability, (or potential inability), to repay its sovereign debt. The GBP EUR exchange rate opened the day at 1.1335 and traded...

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Foreign Exchange Rates : Weak US Data Causes Gains For GBP USD, While GBP EUR Remains Under Pressure

20 May 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1338. The Pound Dollar exchange rate (GBP USD) is 1.6229. The Pound Australian Dollar exchange rate (GBP/AUD) is 1.5215. For the second time during this week’s trading, the Pound failed to gain ground against the other majors following the release of apparently positive UK data during...

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Foreign Exchange Rates : GBP EUR Rate Drops Despite Sterling-Positive Inflation Data

18 May 2011 at 7 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1406. The Pound Dollar exchange rate (GBP USD) is 1.6271. Yesterday’s major data release came in the form of the CPI Inflation figure for April in the UK. Analysts had expected the number to show that UK inflation had increased slightly from last month’s 4.0% reading to 4.1%. However,...

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

Pound Euro rate and GBP USD up on CPI inflation data

17 May 2011 at 10 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1456. The Pound Dollar exchange rate (GBP USD) is 1.6271. The Pound Rupee exchange rate (GBP INR) is 73.172. The pound euro rate rose on the news that the CPI (UK Consumer Prices Index) annual rate of inflation rose to 4.5% in April. This figure is up 0.5% over the previous month's 4%,...

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