Currency News

Daily Exchange Rate Forecasts & Currency News

Euro Forecast Directory - Page #299

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

Pound Euro Exchange Rates - GBP/EUR Trades Up as Eurozone Inflation Data is Downgraded. AUD Stays Strong.

4 Apr 2011 at 12 PM - Written by John Cameron

The Pound Euro exchange rate (GBP/EUR) is 1.1357. The Euro Dollar exchange rate (EUR/USD) is 1.4210. This morning’s Eurozone inflation figure caused some downward pressure on the Euro. February’s Eurozone Producer Price Index came out at 0.8%, as expected. However, at the same time, it was announced that January’s PPI figure was to...

CATEGORIES: Euro Forecasts Pound Euro Forecasts Pound Sterling Forecasts

Morning Foreign Exchange Report : Euro Rides High on Interest Rate Expectations, EUR/USD Rate Dependent on Non-Farms

1 Apr 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP/EUR) is 1.1321. The Euro Dollar exchange rate (EUR/USD) is 1.4173. The results of the Irish Central Bank’s Stress Test on four leading Irish retail banks were released yesterday. The findings showed that one fully-nationalised bank, the Anglo Irish, has incurred losses of €18bn, which equates to over...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts Pou Forecasts

Morning Foreign Exchange Report - Euro Rally Threatened by Irish Banking Stress Test as GBP/EUR Rate Stays Low

31 Mar 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP/EUR) is 1.1382. The Euro Dollar exchange rate (EUR/USD) is 1.4136. Yesterday’s session saw a rare piece of positive data for the Pound, with the release of better-than-anticipated Services Sector data by the UK Office of National Statistics. The figure showed that the key services sector grew by 1.3%...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts Pou Forecasts

Foreign Exchange Rates ? EUR/USD Threatens Near-Term High as US Currency Weakens on Improved Economic Data

29 Mar 2011 at 9 AM - Written by John Cameron

The Pound Dollar exchange rate (GBP/USD) is 1.6029. The Euro Dollar exchange rate (EUR/USD) is 1.4136. Yesterday afternoon’s UD economic data releases showed some encouraging signs for the recovery in the States. Consumer spending figures for last month came out at 0.7%, better than the expected level of 0.5%. However, some commentators...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts Pou Forecasts

Morning Foreign Currency Exchange Outlook - EUR/USD Rate Heads Lower as Market Remains Unconvinced by Eurozone Bail-Out Proposals and US Dollar Picks Up

28 Mar 2011 at 7 AM - Written by John Cameron

The Pound Euro exchange rate (GBP/EUR) is 1.1393. The Euro Dollar exchange rate (EUR/USD) is 1.4058. The major development in currency markets on Friday was the agreement reached by the 17 EU Leaders in Brussels regarding the future Eurozone sovereign debt policy. At first glance, the accord appeared to be Euro-positive, with the European...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts Pou Forecasts

Foreign Exchange Rates - GBP/EUR Rate Plummets on Relative Interest Rate Expectations and Rumours of a UK Debt Downgrade

25 Mar 2011 at 9 AM - Written by John Cameron

The Pound Euro exchange rate (GBP/EUR) is 1.1352. The Euro Dollar exchange rate (EUR/USD) is 1.4159. The Euro experienced an unusual trading session on the day yesterday. With a slew of apparently negative data and information emerging regarding the single economic area, the Euro should have been showing red across the board. However, the...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts Pou Forecasts

Morning Foreign Currency Market Outlook - GBP/EUR Exchange Rate Edges Higher as the Euro Comes Under Pressure Ahead of EU Sovereign Debt Summit

24 Mar 2011 at 7 AM - Written by John Cameron

The Pound Euro exchange rate (GBP/EUR) is 1.1529. The Euro Dollar exchange rate (EUR/USD) is 1.4072. Concerns over widespread Eurozone sovereign debt problems are dominating currency market movements this morning, following the resignation of Portuguese Prime Minister Jose Socrates late last night. Socrates stepped down after all five...

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

Morning Currency Exchange Market Update - GBP/EUR Rate Improves on UK Inflation Figure and Continuing Eurozone Sovereign Debt Fears While USD Suffers

23 Mar 2011 at 7 AM - Written by John Cameron

The Pound Euro exchange rate (GBP/EUR) is 1.1541. The Euro Dollar exchange rate exchange rate (EUR/USD) is 1.4171. The Euro has performed strongly against the other majors in recent sessions, with the EUR/USD rate rising to within half a cent of a 14-month high. The single European currency has been buoyed by the decision of EU member...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts Pou Forecasts

Pound Euro Exchange Rates ? Sterling Improves on CPI Inflation Figure, but Gains in GBP/EUR are Tempered by Worrying UK Public Sector Borrowing Numbers

22 Mar 2011 at 1 PM - Written by John Cameron

The Pound Euro exchange rate is 1.1528. The Pound has gained some ground against the other majors due to this morning’s Consumer Price Inflation figure for February, which showed that UK prices are rising by an annualised 4.4%. Analysts had expected the figure to come out at 4.2%, so this release will be likely to cause an upward...

CATEGORIES: Euro Forecasts Pound Euro Forecasts Pound Sterling Forecasts

Morning Foreign Exchange Report : GBP/USD and EUR/USD Rates Approach Multi-Month Highs as US Currency Suffers on Improving Risk Sentiment

22 Mar 2011 at 6 AM - Written by John Cameron

The Pound Dollar exchange rate (GBP/USD) is 1.6304. The Euro Dollar exchange rate (EUR/USD) is 1.4229. An air of normality returned to the currency markets yesterday following the dramatic events of recent days. Air Strikes on Tripoli continued again overnight, but investors do not appear to be perturbed by these; in fact the key...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts Pou Forecasts