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Euro Forecast Directory - Page #297

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

Foreign Exchange Rates : Euro Needs Positive CPI Inflation Figure to Arrest Slide

16 May 2011 at 6 AM - Written by John Cameron

STORY LINK Foreign Exchange Rates : Euro Needs Positive CPI Inflation Figure to Arrest Slide

The Pound Euro exchange rate (GBP EUR) is 1.1479. The Pound Dollar exchange rate (GBP USD) is 1.6171. The Euro remains delicately balanced in the currency markets, with concerns regarding the continuing Eurozone sovereign debt crisis being counterbalanced by expectations of several ECB interest rate rises over the next 12...

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Foreign Exchange Rates : GBP EUR Down on Positive German and French GDP Figures

13 May 2011 at 7 AM - Written by John Cameron

STORY LINK Foreign Exchange Rates : GBP EUR Down on Positive German and French GDP Figures

The Pound Euro exchange rate (GBP EUR) is 1.1408. The Pound Dollar exchange rate (GBP USD) is 1.6282. Yesterday saw the Pound suffer significant losses against the other majors for the first time this week. The tone was set for Sterling with the release of UK Industrial Production figures yesterday morning. The numbers showed that...

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Foreign Exchange Rates : Comments by Eurozone Policy-Makers Determine GBP EUR and EUR USD Rates

11 May 2011 at 7 AM - Written by John Cameron

STORY LINK Foreign Exchange Rates : Comments by Eurozone Policy-Makers Determine GBP EUR and EUR USD Rates

The Pound Euro exchange rate (GBP EUR) is 1.1355. The Pound Dollar exchange rate (GBP USD) is 1.6363. Yesterday saw another day of rumour and conjecture surrounding the sovereign debt situation in peripheral Eurozone states, with several European policy-makers making comments in an attempt to calm the market’s concerns. EU Economic...

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Foreign Exchange Rates : GBP EUR Rate Up Late as S&P Downgrades Greece's Debt

10 May 2011 at 6 AM - Written by John Cameron

STORY LINK Foreign Exchange Rates : GBP EUR Rate Up Late as S&P Downgrades Greece's Debt

The Pound Euro exchange rate (GBP EUR) is 1.1452. The Pound Dollar exchange rate (GBP USD) is 1.6385. The Eurozone’s sovereign debt woes continued yesterday as leading Ratings Agency Standard and Poor’s moved to downgrade Greece’s credit rating from B to BB-, moving the troubled Hellenic state’s gilts closer to junk bond...

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Foreign Exchange Currency Report : Euro Slumps on Rumours That Greece is Set to Leave Single Currency

9 May 2011 at 6 AM - Written by John Cameron

STORY LINK Foreign Exchange Currency Report : Euro Slumps on Rumours That Greece is Set to Leave Single Currency

The Pound Euro exchange rate is 1.1387. The Pound Dollar exchange rate is 1.6395. The old market adage ‘buy on the rumour, sell on the fact’, was more pertinent than ever during last Friday’s session as the Euro suffered heavy losses against the other majors as market whispers circulated which suggested that Greece was set to leave...

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Foreign Exchange Currency Report : German Factory Order Data and Trichet?s Comments Send EUR USD Rate Lower

6 May 2011 at 5 AM - Written by John Cameron

STORY LINK Foreign Exchange Currency Report : German Factory Order Data and Trichet?s Comments Send EUR USD Rate Lower

The Pound Euro exchange rate (GBP EUR) is 1.1269. The Pound Dollar exchange rate (GBP USD) is 1.6389. The Euro started yesterday’s session strongly, with the GBP EUR rate breaking to a new 14 month low of 1.1059 and the EUR USD rate holding at close to 1.4939, its highest level since December 2009, which it touched earlier in the week....

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Foreign Exchange Currency Outlook : GBP EUR Hits 13 Month Low as UK Manufacturing Activity Decreases

4 May 2011 at 6 AM - Written by John Cameron

STORY LINK Foreign Exchange Currency Outlook : GBP EUR Hits 13 Month Low as UK Manufacturing Activity Decreases

The Pound Euro exchange rate (GBP EUR) is 1.1123. The Pound Dollar exchange rate (GBP USD) is 1.6476. The Pound experienced a day of severe losses against the other majors during yesterday’s session, following the release of April’s Purchasing Manager Index data for the UK manufacturing sector. The PMI figure, a measure of...

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Foreign Exchange Rates : GBP USD Loses Ground on Risk Sentiment and King's Comments

3 May 2011 at 6 AM - Written by John Cameron

STORY LINK Foreign Exchange Rates : GBP USD Loses Ground on Risk Sentiment and King's Comments

The Pound Euro exchange rate (GBP EUR) is 1.1212. The Pound Dollar exchange rate (GBP USD) is 1.6638. The major news event over the last 48 hours has been the killing of Osama Bin Laden by US Special Forces. Although stock markets initially made gains yesterday after the announcement of the terrorist leader’s death, this forward move was...

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CURRENCY NEWS-FLASH : GBP EUR and GBP USD Rates Gain on UK Retail Sales Figures

21 Apr 2011 at 10 AM - Written by John Cameron

STORY LINK CURRENCY NEWS-FLASH : GBP EUR and GBP USD Rates Gain on UK Retail Sales Figures

The Pound Euro exchange rate (GBP/EUR) is 1.1314. The Pound Dollar exchange rate (GBP/USD) is 1.6559. The Pound gained some much-needed support in early trading today as UK Retail Sales figures for March showed an unexpected gain of 0.2%. Analysts had expected the numbers to show that UK shop sales shrank by 0.4% last month, following...

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Foreign Exchange Currency Outlook : Pound Dollar GBP USD Rate and Euro Dollar EUR USD Rate Rise to 16 Month Highs on US Oil Inventory Figure

21 Apr 2011 at 6 AM - Written by John Cameron

STORY LINK Foreign Exchange Currency Outlook : Pound Dollar GBP USD Rate and Euro Dollar EUR USD Rate Rise to 16 Month Highs on US Oil Inventory Figure

The Pound Euro exchange rate (GBP EUR) is 1.1277. The Pound Dollar exchange rate (GBP USD) is 1.6433. The global economic recovery was given a fillip yesterday when US data, released at the start of the North American session, showed that American crude oil inventories have been depleted by a significant amount during the past month,...

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