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Euro Pound Forecast Directory - Page #57

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

Pound To Euro Exchange Rate Threatens New 18-Month High As Spanish Debt Fears Escalate

16 Apr 2012 at 9 AM - Written by Ben Hughes

Eurozone debt concerns cast a dark pall over the financial markets as last week’s trading session drew to a close. The focus of investors’ fears was once again Spain. The yields on Spanish 10 year government bonds edged towards 6% on Friday’s session – a level which they had approached in the early part of last week, before dropping...

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Pound To Euro Exchange Rate Eases As ECB Monthly Report Alters Investors? Eurozone Interest Rate Expectations

13 Apr 2012 at 9 AM - Written by David Woodsmith

Yesterday’s session in the currency markets saw the euro steady its ship against the other majors, following the release of the European Central Bank’s Monthly Report which delivered a stern message regarding the Bank’s stance on future price rises in the region. The ECB predicted that inflation would remain above 2% for the remainder...

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Pound To Euro Exchange Rate Spirals To 10-Week High As Investors Shun Spanish Bonds

5 Apr 2012 at 9 AM - Written by Frank Davies

The Pound to Euro Exchange Rate is 1.2082. A disappointing uptake for Spanish government bonds at yesterday’s auction shaped the currency markets during yesterday’s session. The debt-addled Iberian state managed to shift only €2.6bn worth of gilts – it had been targeting €2.5-€3.5bn. This was seen as a ‘vote of no...

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Pound To Euro Exchange Rate Edges Lower Ahead Of Today?s ECB Interest Rate Announcement

4 Apr 2012 at 9 AM - Written by Minesh Chaudhari

Yesterday brought some encouragement for the euro when widely-respected financier, Juergen Stark, formerly the Chief Economist at the European Central Bank, cast aspersions on the widely-held belief that the fall-out from a potential full-on debt default by a eurozone nation state, (…Greece, Ireland, Portugal……. take your pick…),...

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Streling To Euro Rate Gains On Weak German Retail Sales Data

1 Apr 2012 at 9 AM - Written by Minesh Chaudhari

The Current Sterling To Euro Exchange Rate Is 1.2050. Friday’s session brought a mixed bag of currency news for the euro. On the credit side, the single currency was buoyed by the announcement by Spain’s centre-right government that it was set to trim €27bn from its annual budget. This massive swathe of expenditure cuts played well...

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Pound Euro Rate Spirals On Renewed Greek Debt Fears

30 Mar 2012 at 9 AM - Written by Ben Hughes

The Pound Sterling To Euro Exchange Rate is 1.1988. There was fresh bad news for the euro during yesterday’s session in the currency markets, as leading ratings agency Standard & Poors commented that debt-addled Hellenic economy Greece may have to undertake further fiscal re-structuring in order to reach a resolution to its...

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Relief Rally For Euro As IMF Provides Greek Bail-Out Funding

16 Mar 2012 at 9 AM - Written by Minesh Chaudhari

The Sterling Euro exchange rate is 1.1998. There was relief for investors holding euro-denominated assets yesterday afternoon, when the International Monetary Fund gave its ascent to €28bn of new bail-out funding for debt-burdened Greece. The payment was the last piece in the jigsaw for Greece to qualify for its next €130bn tranche of...

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Euro Strengthens Against The Pound and US Dollar Ahead of GDP Growth Data

24 Feb 2012 at 10 AM - Written by Tim Boyer

The Pound Euro exchange rate (GBP EUR) is 1.1780, the Pound to US Dollar exchange rate (GBP USD) is 1.5773. Yesterday’s session in the currency markets saw a significant number of data releases across the globe, none of which were classed as ‘tier one’. Today’s session is likely to make up for this, as it is peppered with...

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Weak UK Unemployment Data Does Not Hold Back GBP EUR Exchange Rate

16 Feb 2012 at 9 AM - Written by David Woodsmith

The Pound to Euro exchange rate (GBP EUR) is 1.2060. The euro came under considerable selling pressure during yesterday afternoon’s European session, following widespread reports which suggested that eurozone Finance Ministers are considering withholding part of the next €130bn of bail-out funding which the troubled Hellenic state...

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Pound Euro Exchange Rate Static Following Drop In UK Inflation

15 Feb 2012 at 9 AM - Written by James Fuller

The Pound Euro exchange rate (GBP EUR) is 1.1941. Yesterday’s session in the currency markets was once again dominated by headlines generated by a Ratings Agency – this time it was Moody’s who stole the limelight, downgrading the credit ratings of Italy, Spain, Portugal, Malta, Slovakia and Slovenia in one fell swoop. The leading...

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