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Euro Pound Forecast Directory - Page #51

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

Foreign Currency Exchange Rate Outlook For Pound To Swiss Franc (GBP CHF)

22 Jan 2013 at 9 AM - Written by James Fuller

The fortunes of the Swiss Franc and the euro remain inextricably linked due to the continued maintenance of the EUR CHF floor at 1.2000 by Switzerland’s central bank. The Swiss National Bank introduced the minimum exchange rate between the Franc and the single currency during September 2011 following fears that the burgeoning eurozone debt...

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Pound Euro Exchange Rate (GBP EUR) Breaks Down To Lowest Level Since Mid-March

21 Jan 2013 at 6 PM - Written by David Woodsmith

This week’s session in the currency markets has only just got underway, but already the Sterling Euro exchange rate (currency : GBP EUR) has registered a new 10 ½ month low, dropping to 1.1875 earlier this afternoon. Negative sentiment surrounding the Pound picked up momentum during last week thanks to fears that this Friday’s domestic...

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Pound Euro Exchange Rate (GBP EUR) Slumps To 10-Month Low Following Dire UK Retail Sales Data

21 Jan 2013 at 9 AM - Written by John Cameron

Sterling has been one of the worst-performing of the sixteen most-actively traded global currencies since the start of 2013, giving up a full 3% of its value against the euro in the period since 3rd January alone. Sterling had been under selling pressure as the New Year got underway thanks to investor’s concerns that the UK might be...

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Pond Euro Exchange Rate (GBP EUR) Breaks To New Nearterm Low Following Demise Of HMV

15 Jan 2013 at 9 AM - Written by Minesh Chaudhari

Last night’s announcement from British High Street music and DVD chain HMV that it has called in the administrators provided another hammer blow for Britain’s beleaguered retail sector. HMV, which has been in severe trouble for some months, employs 4,350 British workers. The news comes hot on the heels of announcements from electrical...

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Pound Euro Exchange Rate (GBP EUR) Forecasted To Fall Further Following Break To New 9 ? Month Low

14 Jan 2013 at 9 AM - Written by James Fuller

Sterling slumped to its lowest level against the euro since April 2012 during Friday’s afternoon session in the currency markets, following the release of the latest edition of the closely-watched NIESR UK GDP growth estimate, which predicted that the British economy had contracted by 0.3% during the final three months of last year. The...

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Pound Euro Exchange Rate Forecasted To Suffer Selling Pressure Following ECB / BoE Policy Decisions

10 Jan 2013 at 9 AM - Written by Minesh Chaudhari

Fears that the UK is increasingly taking up an isolationist position in global affairs burgeoned yesterday following comments made by a senior US State Department policymaker. In an unusual step, Philip Gordon, who holds a senior role in America’s foreign affairs department, appeared to offer Britain’s ruling coalition government advice...

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Pound Remains Subdued Against Euro Despite Positive December UK Online Retail Sales

9 Jan 2013 at 9 AM - Written by Toni Johnson

Yesterday’s figures from the British Retail Consortium (BRC) revealed a marked alteration in the way UK economic participants are buying their goods and services. The December retail sales figures from the BRC showed a near 20% annualised increase in the value of online non-food orders, dwarfing the overall year-on-year increase in British...

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Sterling Euro Exchange Rate (GBP EUR) Edges Lower As Fears Grow Regarding UK Retail Sector Equities

8 Jan 2013 at 3 PM - Written by John Cameron

A raft of eurozone data released earlier today sent out mixed messages regarding the state of the combined economies of mainland Europe. The bad news for the region was that whole of eurozone Retail Sales data for November showed at an annualised -2.6% versus expectations of a showing of -2.1%. Although this represented an improvement from...

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Pound Euro Exchange Rate (GBP EUR) Forecasted To Threaten 13-Month Low Following British PM?s Grave Debt Warning

7 Jan 2013 at 9 AM - Written by John Cameron

Thin trading volumes during the week between Christmas and the New Year saw the GBP EUR exchange rate break down to a new 8 ½ month low of 1.2158. Although the first few days of 2013 saw the Pound claw back some of the ground it lost over the festive period, taking the GBP EUR exchange rate back up to close to 1.2400 last Thursday, the pair...

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Grim ECB Monthly Report Sees GBP EUR Rate Edge Higher

13 Dec 2012 at 3 PM - Written by David Woodsmith

The euro enjoyed strong support during early trading today thanks to the announcement that the eurozone’s Finance Ministers had reached an accord on changing the structure of how the region’s retail banking sector is overseen. The eurogroup revealed that the European Central Bank will take over regulation of Europe’s banks – a...

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