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The euro sterling exchange rate (EUR/GBP) has taken a knock following the release of economic sentiment data out of the Eurozone. Germany in particular missed the mark. The forecast continues to favour the pound sterling over the euro.
March 10,2014
Euro exchange rates (EUR) are enjoying a little relief today but the EUR is still within touching distance of a multi-month low against the US Dollar and a two-week low against the Pound. Forecasters are pricing in sustained weakness.
March 10,2014
The euro to British pound sterling exchange rate (EUR/GBP) shot higher through the course of Friday's trading session thanks to some expectation-busting economic data; Sterling and has managed to hold these gains on Monday morning. Our assessment of the latest forecasts for the pairing continue to broadly favour Sterling.
March 10,2014
The pound to euro exchange rate is in the red on Thursday as a recent correction lower to the longer-term rally continues to play out.
March 10,2014
Euro rates are today trading softer amidst an environment of US dollar strength. At present only the GBP appears to trade in a positive correlation with the USD while the EUR tends to head in the opposite direction.
March 10,2014
The pound to euro exchange rate is forecasted to maintain ground north of the 1.2 level, however the going will prove to be choppy and slow at best.
March 10,2014
Euro rates have today found support from some encouraging industrial production figures released by the Eurozone. A look at the charts confirms that the outlook for the EUR remains constructive.
March 10,2014
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Need Help? WhatsApp me.
Horizon Currency's dealing desk is here to answer any questions you have about the market.
Sam is one of our specialists and can be WhatsApped questions via this link.
