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Euro Pound Forecast Directory - Page #21

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

Markets Shift Focus to US, GBP EUR Exchange Rate Limp

7 Nov 2016 at 11 AM - Written by Toni Johnson

The Pound to Euro exchange rate was left limp on Monday after last week’s surge, largely due to markets turning away from Europe and towards this week’s big event: the US Presidential election. GBP/EUR gained almost a cent and a half last week, advancing from 1.1098 to 1.1235. The pair was able to hold most of these gains on Monday,...

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GBP EUR Exchange Rate Steady after High Court 'Brexit' Bounce

4 Nov 2016 at 12 PM - Written by David Woodsmith

The GBP EUR exchange rate has traded relatively flatly this morning after a major spike yesterday caused the Pound (GBP) to jump to its highest levels since the Sterling flash crash a month ago. Pound Euro (GBP EUR) Exchange Rate Up on High Court Ruling on 'Brexit' A High Court ruling that the UK government would not be able to...

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?Brexit? Sentiment Rules Supreme, GBP EUR Exchange Rate Largely Ignores GDP Rise

27 Oct 2016 at 1 PM - Written by John Cameron

The GBP EUR exchange rate spiked briefly this morning, reaching a new high for the week as the UK’s GDP figures printed better than expected, but it quickly fell again as the uncertainty of ‘Brexit’ continued to pressure the Pound (GBP). Positive GDP Data Unable to Improve Pound (GBP) Euro (EUR) Exchange Rate As Thursday's...

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FX News: Pound Sterling Euro Exchange Rate Staging Minor Recovery?

5 Oct 2016 at 4 PM - Written by David Woodsmith

Pound Sterling Euro Exchange Rate News: Forecast-Beating Services PMI Triggered Eventual Recovery for GBP Today The Pound Euro (GBP EUR) exchange rate remains in a position of clearly reduced strength today, having been laid low following the weekend and the news that the latest trigger date for Article 50 would be March 2017. Since...

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Pound Sterling to Euro (GBP EUR) Exchange Rate Plunges Despite Solid PMIs

4 Oct 2016 at 10 AM - Written by Toni Johnson

The Pound to Euro exchange rate plummeted throughout Monday’s session as investors reacted to weekend comments from UK Prime Minister Theresa May announcing Britain’s formal Brexit process would begin by the end of March 2017. GBP/EUR began the week trading at around 1.1538, but quickly plunged as markets opened and reacted to May’s...

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Deutsche Bank Fears and Draghi Comments Sink Euro (EUR) Forecast

27 Sep 2016 at 9 AM - Written by John Cameron

Shares in leading German retail bank Deutsche Bank AG (DBK.DE) sank by almost 7% during yesterday’s session as rumours swept the market about the state of the venerable lender’s balance sheet. The plunge took Deutsche Bank’s share price to its lowest level since 1985 and prompted questions to European Central Bank President Mario Draghi...

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Pound Sterling (GBP) to Indian Rupee (INR) Heads to New Lows on Brexit Speculation

23 Sep 2016 at 10 AM - Written by James Fuller

The Pound to Indian Rupee exchange rate made quite a strong advance on Thursday as Sterling was boosted by a BoE hawk while the Rupee was weakened by an increase in oil prices. Friday saw the opposite happening, as Brexit speculation undermined the Pound while INR advanced due to oil price drops. GBP/INR began the week trending in the...

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GBP/EUR Holds above Opening Levels despite Huge Public Sector Deficit

21 Sep 2016 at 4 PM - Written by Toni Johnson

Market Paralysis Keeps GBP/EUR Positive despite Borrowing and OECD Forecast Headwinds Government borrowing figures showed a strong deficit of -£10.1 billion and indicated Philip Hammond may overshoot targets, but GBP/EUR exchange rates held just above opening levels. PwC Chief Economist John Hawksworth observed; ‘It may still be...

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Pound Sterling (GBP) Exchange Rate Outlook Buoyed by UK Jobs Data

14 Sep 2016 at 2 PM - Written by Frank Davies

Pound Sterling (GBP) Exchange Rates Recover from CPI Losses After sliding in response to the UK's latest inflation data, Pound Sterling (GBP) exchange rates stabilised slightly following the release of domestic jobs numbers, although the currency remained trending slightly lower vs the Euro (GBP/EUR) and US Dollar (GBP/USD). The...

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Euro (EUR) Exchange Rate Outlook Improves as Draghi Hints He's Out of Ammo

9 Sep 2016 at 7 AM - Written by James Fuller

Euro Gains on Pound, US Dollar after ECB Interest Rate Decision Euro (EUR) exchange rates were boosted on Thursday as investors responded to the latest news from the Eurozone. Both the EUR/GBP and EUR/USD exchange rates advanced in the wake of the ECB's interest rate decision. As anticipated, yesterday’s announcement from the...

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