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Euro rate forecast

Euro Exchange Rate: Eurozone’s Central Bank Holds Interest Rate, but Hints at Quantitative Easing

Thursday saw the release of the European Central Bank’s interest rate decision. The Eurozone’s economy has taken numerous hits, particularly from the size of the outbreak in Italy which has now seen a nationwide...
Euro Rate Forecast – How will the Euro react to the Coronavirus?

Euro Exchange Rates: Emergency 50bps Bank of England Rate Cut Sees EUR Edge Over...

EUR traders were closely watching moves made by the Bank of England in the weeks leading up to their March monetary policy decision. The market noted that the UK central bank could cut their...

Euro Exchange Rates: EUR/GBP Boosted as Investors Flee to Safe Havens

The euro to pound (EUR/GBP) exchange rate jumped on Monday afternoon following the flocking of investors around safe-haven currencies. This left the pair trading at around £0.8708. The headlines continue to be dominated by...
Euro to Pound Exchange Rate: Euro Could See Further Gains Against Pound Amid ECB Response to Coronavirus Threat

Euro to Pound Exchange Rate: Euro Could See Further Gains Against Pound Amid ECB...

Heading into the second day of the trading week, the euro still holds firm in its strong position above many rival currencies in the market. This includes the pound in which the euro looks...
GBP/EUR Exchange Rates: Coronavirus Threatens GBP, EUR Gains on Carry Trades

GBP/EUR Exchange Rates: Coronavirus Threatens GBP, EUR Gains on Carry Trades

The pound to euro exchange rate has suffered its largest decline since the flash crash observed in October 2016. The market is not completely ruling out the chances of more losses for the next...
Euro to Dollar Exchange Rate: EUR Climbs Higher Over USD as Fed Reserve Rate Cut Bets Increase

Euro to Dollar Exchange Rate: EUR Climbs Higher Over USD as Fed Reserve Rate...

The Euro was on course for its biggest intraday gain over the USD on Thursday since August 2019. Stock markets and developing world currencies continued to tumble over the panic of the spread of...
Pound to Euro Exchange Rate: BoE Slashes Interest Rate Causing GBP to Edge Higher against Euro

Pound to Euro Forecast: Euro Rises on Positive German IFO Data, as GBP Sinks...

Monday morning saw a dip in the pound to euro exchange rate, with the rate dropping by 0.2%. The pairing traded at a level of €1.192 yesterday on the interbank exchange. The pound suffered...
Which Currency Will Benefit from Last Week’s Rallies?

Pound to Euro Outlook: Which Currency Will Benefit from Last Week’s Rallies?

Heading into a new week, the pound and euro exchange rates are starting off with a neutral bias after both currencies saw positive rallies towards the latter stage of the week last week. The...
Euro Keeps Falling with More German and Euro Zone Data Released Today

Euro Keeps Falling with More German and Euro Zone Data Released Today

The euro has been labelled as one of the weeks worst performers, and the currencies recent weakness has been observed by the market, causing the single currency to sink. The euro’s European Central Bank...
Euro Rate Forecast – How will the Euro react to the Coronavirus?

Euro Drops Further Against USD, German Data Could Add Pressure

As we enter into Thursday, the euro is still struggling to find a rallying point to drag itself out of its recent slump in the global currency market. Following the recent stumble which sent...