Latest Currency News Continued - page 8
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GBP EUR Daily Update: Sterling Exceeds 1-Month Pairing High on Inflation Figures
12 Sep 2017 at 12 PM - Written by Toni Johnson
STORY LINK GBP EUR Daily Update: Sterling Exceeds 1-Month Pairing High on Inflation Figures
Yesterday, the Pound gradually appreciated against the Euro from an opening exchange rate of 1.0977 to a close in the region of 1.1013.
Rising UK Inflation Pushes Up GBP/EUR Exchange Rate
As mentioned above, a significant rise in UK inflation has led to the Pound climbing against the Euro. The advance has been notable, consisting of an annual increase from 2.6% to 2.9% in August.
Traders have been mixed on interpreting...
CATEGORIES: Euro Pound Forecasts
Euro Pound Sterling (EUR GBP) Crashes on Robust GDP Estimate
8 Sep 2017 at 4 PM - Written by Frank Davies
STORY LINK Euro Pound Sterling (EUR GBP) Crashes on Robust GDP Estimate
The Euro Pound exchange rate has tumbled today in the wake of a run of positive UK data releases and an optimistic UK GDP estimate from NIESR.
The National Institute of Economic and Social Research (NIESR) released its latest monthly GDP estimate today, which listed growth of 0.4% in the three months to August.
This is notably better than the 0.2% gain demonstrated in the July quarter, and though it still remains below...
CATEGORIES: Currency Predictions Euro Pound Forecasts
EUR USD Exchange Rate Update: Euro Advances as Irma Bears Down on Florida
8 Sep 2017 at 12 PM - Written by Tim Boyer
STORY LINK EUR USD Exchange Rate Update: Euro Advances as Irma Bears Down on Florida
Trading in the region of 1.2068 today, the Euro is currently near the highest exchange rate against the US Dollar since January 2015.
Draghi Aftermath Leaves EUR Traders Uncertain
The Euro rose sharply against the US Dollar on Thursday, but today’s advance is primarily due to the USD being weaker.
Today’s domestic data has largely been disappointing, with the German trade surplus reducing in July. While a surplus...
CATEGORIES: Euro Forecasts