Euro Pound forecast page 45 - EUR GBP

Currency News UK Presents The Pound to Euro Forecast on Exchange Rate Markets The Pound Sterling to euro exchange rate sprang to another new 7 ½ year high during early trading today following some encouraging data from the UK. GBP EUR jumped to 1.3591 during the early part of the New York trading day as investors moved quickly to...

Currency News UK Presents The Pound Sterling to Euro Forecast on Exchange Rate Markets Former UK Chancellor of the Exchequer, Kenneth Clarke has warned the markets that a Greek exit from the eurozone is now ‘inevitable’ following comments from Greece’s new leadership during recent days. Clarke described Greece’s new government...

Yesterday’s meeting between the eurogroup of Finance Ministers and Greece’s radical Syriza-led government dissolved in acrimony after just three hours, sending the Pound Sterling euro GBP EUR exchange rate up to within a whisker of its 7 ½ year high. The pair traded up to 1.3554 as Greece’s shaven-headed leather-clad Finance...

Europe’s central banks stole the headlines in the global currency markets during yesterday’s session. The European Central Bank (EB) lead the way with its emergency bailout talks with Greece from the previous evening, casting a long shadow over the day’s events. The official line from ECB policymakers during the immediate aftermath...

In a day of dramatic swings, the euro (currency:EUR) enjoyed a boost a few moments ago when the European Central Bank (ECB) confirmed that it would be increasing its Emergency Liquidity Assistance (ELA) to Greece’s ailing banking sector from €60bn to €65bn. The decision, which was taken following a teleconference earlier today...

There was bad news for the Commodity Dollars early yesterday when leading credit ratings agency Moody’s forecast that the near-term drop in global oil prices will fail to give the global economy a ‘significant boost’. Moody’s issued a report predicting that the benefit in the drop in the price of a barrel of crude oil since the...

Currency News UK Presents The Pound to Euro Forecast on Exchange Rate Markets Markus Kerber, the Chief Executive Officer of the Federal Association of German Industry, used an interesting turn of phrase in describing the way Greece’s new leadership has been acting during recent days; the Teutonic law man stated earlier today that,...

The Indian Rupee (currency:INR) has suffered some selling pressure during early trading this week, sending the GBP INR exchange rate up to an intraday high of 94.9240 during this morning’s European session in the currency markets. The Rupee has enjoyed a strong run since reforming Prime Minister Narendra Modi won last year’s general...

Latest Forex Forecasts for the Pound to Euro, Rupee and Danish Krone Exchange Rates Yesterday’s session brought the announcement of another shock interest rate cut from Danmarks Nationalbank. The decision to trim its key lending rate to -0.75% from a previous -0.50% represented the fourth cut in the past three weeks by Denmark’s...

The value of the euro (currency:EUR) plunged in the immediate aftermath of Syriza’s wholly convincing Greek election victory of 25th January. Commentators were queuing up, almost as soon as the exit polls revealed that the radical left-wingers had won the day, to pronounce the death of the eurozone and to predict that Italy, Spain and...