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Euro Pound Forecast Directory - Page #48

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

Pound Euro Exchange Rate Hangs On BoE And ECB Monetary Policy Decisions

4 Apr 2013 at 9 AM - Written by Ben Hughes

STORY LINK Pound Euro Exchange Rate Hangs On BoE And ECB Monetary Policy Decisions

Another day, another IMF-backed bailout. Yesterday’s session in the markets brought the news that representatives from the International Monetary Fund were in Cairo hammering out the details of an emergency loan reported to be worth £3.2bn to the debt-burdened Mediterranean state. It appears likely that Egypt, in common with other nations...

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Pound Euro Exchange Rate GBP/EUR Drops Ahead Of Tomorrow?s Bank Of England Decision

3 Apr 2013 at 9 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate GBP/EUR Drops Ahead Of Tomorrow?s Bank Of England Decision

The euro appeared to defy gravity during yesterday’s session, gaining ground against Sterling in spite of more worrying news from Cyprus and a dire set of whole of eurozone unemployment figures. Investors who had previously believed that the tiny island state was out of the woods following last week’s announcement of a bailout deal from...

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GBP EUR Exchange Rate Hits 2-Month High On Cyprus Bank Fears

28 Mar 2013 at 9 AM - Written by John Cameron

STORY LINK GBP EUR Exchange Rate Hits 2-Month High On Cyprus Bank Fears

The Pound climbed to its highest level against the euro since 24th January during yesterday’s session, as market participants braced themselves for today’s brief re-opening of Cyprus’s High Street banks. Fears over the reaction of Cypriot savers as the tiny island state’s banks open their doors for the first time in ten days weakened...

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GBP/USD falls after release of disappointing UK GDP data

27 Mar 2013 at 4 PM - Written by James Fuller

STORY LINK GBP/USD falls after release of disappointing UK GDP data

Sterling has fallen to the 1.50 region against the US Dollar after official data confirmed that the UK economy contracted in the fourth quarter raising concerns that the UK is heading for a triple dip recession. The Office for National Statistics announced that UK Gross domestic product contracted by 0.3% in the final quarter of 2012, in...

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GBP EUR Exchange Rate Dips Following Cyprus Bailout Deal

25 Mar 2013 at 9 AM - Written by Ben Hughes

STORY LINK GBP EUR Exchange Rate Dips Following Cyprus Bailout Deal

The weekend market shut-down often gives currency market participants pause for reflection and allows the preceding Friday’s global situations to calm down. However, this week’s market close simply allowed the one major pent up potential flashpoint on investors’ minds to increase in gravity. The debt crisis in Cyprus snowballed in...

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GBP to EUR Exchange Rate Teeters On The Edge Ahead Of Big Vote; Is Cyprus Euro Exit On The Cards?

22 Mar 2013 at 3 PM - Written by Frank Davies

STORY LINK GBP to EUR Exchange Rate Teeters On The Edge Ahead Of Big Vote; Is Cyprus Euro Exit On The Cards?

The waiting game continues. The eurozone’s policymakers have been making public comments throughout this afternoon’s session, as market participants await news from Cyprus. Spain’s policymakers have been at the front of the queue to pass comment on the situation, perhaps because of the Iberian nation’s ongoing struggle with its own...

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Pound Euro Exchange Rate (GBP EUR) Hits 6-Week High On Cyprus Fears

22 Mar 2013 at 10 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate (GBP EUR) Hits 6-Week High On Cyprus Fears

Price action in the global currency markets during today’s session are likely to be dominated by events in Cyprus. Members of Parliament in the debt-troubled Mediterranean state are due to vote on a series of measures designed to raise the finances required in order to secure a much-needed bail-out from Brussels. The situation in Cyprus...

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Pound Euro Exchange Rate (GBP EUR) Slumps As Osborne Announces Massive Reduction In 2013 UK GDP Forecast

20 Mar 2013 at 2 PM - Written by Ben Hughes

STORY LINK Pound Euro Exchange Rate (GBP EUR) Slumps As Osborne Announces Massive Reduction In 2013 UK GDP Forecast

Sterling has come under renewed selling pressure this afternoon, following UK Chancellor George Osborne’s announcement during his Budget Statement that the Office for Budget Responsibility has slashed its official GDP growth forecast for the British economy for 2013 from 1.2% to 0.6%. The previous prediction of an increase of 1.2% in...

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Cyprus Gets 'Strings Attached' ?10bn Bailout, Investors Could Send GBP EUR Rate Higher

18 Mar 2013 at 9 AM - Written by Frank Davies

STORY LINK Cyprus Gets 'Strings Attached' ?10bn Bailout, Investors Could Send GBP EUR Rate Higher

The weekend currency market shutdown brought news of yet another eurozone bailout. The eurogroup of Finance Ministers announced, not unexpectedly, that they had agreed with the International Monetary Fund to provide an emergency advance to the debt-addled state of Cyprus in an attempt to help salve its desperate fiscal position. The €10bn...

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

GBP EUR Exchange Rate Drops Following Weak UK Manufacturing And Industrial Production Data

12 Mar 2013 at 2 PM - Written by Ben Hughes

STORY LINK GBP EUR Exchange Rate Drops Following Weak UK Manufacturing And Industrial Production Data

Sterling endured yet another torrid opening to today’s session today following the latest in a long line of disappointing 0930hrs data releases. This time it was January’s edition of UK Industrial and Manufacturing Production data which hit the Pound, sending the GBP EUR exchange rate down to below the 1.1400 level and to within half a...

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