Daily Exchange Rate Forecasts & Currency News

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

EUR to GBP Exchange Rate Sheds Ground as ECB Officials Express Currency Strength Concern

17 Jan 2018 at 4 PM - Written by

As more European Central Bank (ECB) officials express concern about the persistent bullishness of the Euro, the Euro to British Pound exchange rate has been unable to hold its ground. Eurozone inflation has also failed to impress Euro investors. Following last week’s modest gains from 0.8865 to 0.8889, EUR/GBP has trended within a mostly...

CATEGORIES: Euro Pound Forecasts

GBP/EUR Exchange Rate Inches Ahead amid UK Inflation Release

16 Jan 2018 at 3 PM - Written by

UK Inflation Slides, Pound Euro (GBP/EUR) Exchange Rate Unperturbed The Pound Euro (GBP/EUR) exchange rate inched ahead on Tuesday as markets responded to some below-forecast German inflation readings and ongoing concerns regarding the state of their ‘grand coalition’. On the UK front, markets continue to assess the severity of...

CATEGORIES: Currency Predictions Euro Pound Forecasts

USD EUR Exchange Rate Strengthens as ECB Source Dismiss Early Taper Suggestions

16 Jan 2018 at 2 PM - Written by

The US Dollar Euro (USD EUR) exchange rate is trending higher today as sources European Central Bank (ECB) put a dampener on tapering talk. Euro (EUR) Takes Pause on Suggestions ECB Remains Committed to QE The Euro’s recent advance came to an abrupt halt this morning following reports that the ECB is unlikely to announce any further...

CATEGORIES: Euro Forecasts

GBP EUR Exchange Rate Stumbles Amid Carillion Collapse

15 Jan 2018 at 3 PM - Written by

Carillion Collapse Prompts GBP/EUR Exchange Rate Fall The Pound Euro (GBP/EUR) exchange rate pared some of its recent gains on Monday as markets responded to news that UK construction giant Carillion has gone into liquidation, potentially threatening thousands of jobs. The news came after talks between the firm, various lenders and the...

CATEGORIES: Currency Predictions Euro Pound Forecasts

GBP/EUR Stuck Below Opening Levels as Merkel Makes Coalition Breakthrough

12 Jan 2018 at 12 PM - Written by

The Pound Sterling to Euro exchange rate is stuck below opening levels today as the EUR receives a boost from news that Angela Merkel may be closer to forming another coalition government. Additionally, market demand for USD has been cooled by the approach of key inflation and retail data, allowing the Euro to rise and therefore pressuring...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Falls to Weekly Low as European Central Bank (ECB) Minutes Surprise

11 Jan 2018 at 5 PM - Written by

Thursday’s European Central Bank (ECB) meeting minutes surprised British Pound to Euro exchange rate traders with its hints that the bank’s tone could be becoming more hawkish in the coming months. The Pound remained limp following Wednesday’s mixed UK ecostats. After opening this week at the level of 1.1278, the GBP/EUR exchange...

CATEGORIES: Pound Euro Forecasts

EUR/USD Exchange Rate Strengthens on ‘Bullish’ ECB Comments

11 Jan 2018 at 3 PM - Written by

On Wednesday’s trading session, the Euro to US Dollar exchange rate saw a minimal rise. The pairing opened daily trading in the region of 1.1930 and closed higher around 1.1956 in the evening. Eurozone news was fairly limited, only consisting of a small development in German coalition talks. The CDU/CSU union and SPD Party...

CATEGORIES: Euro Forecasts

GBP EUR Exchange Rate Struggles to Make Headway as Eurozone Unemployment Falls

9 Jan 2018 at 11 AM - Written by

Even though Eurozone data continued to impress this failed to shift the Pound Euro (GBP EUR) exchange rate from a narrow trend on Tuesday. A sharp widening of the German trade surplus and a fresh dip in the Eurozone unemployment rate were not enough to shore up demand for the Euro, even though signs still point towards another strong year...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Movement Limited as UK House Prices Dip

8 Jan 2018 at 10 AM - Written by

As the Halifax house price index showed a surprise contraction on the month in December the Pound Euro (GBP EUR) exchange rate struggled to find any particular momentum. This latest sign of softness within the UK housing market weighed on the appeal of the Pound, adding to worries over the domestic outlook. With Halifax also warning...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Fluctuates after Robust UK Services Data

4 Jan 2018 at 1 PM - Written by

UK Service Sector Growth Fails to Bolster the GBP EUR Exchange Rate Britain’s service sector picked up pace in December, suggesting that the UK’s economy continues to remain resilient. According to data from Markit, the UK’s services purchasing managers index (PMI) climbed to 54.2 in December, up from November’s print of...

CATEGORIES: Daily Currency Updates Euro Forecasts