Germany and the euro

The euro rate has today been impacted by another disappointing eco-stat from Germany ensuring sentiment towards the shared currency remains in short supply.

August 15,2014

pound euro exchange rate forecast

The pound sterling (GBP) is seeing one of its biggest slumps against the euro of 2014.

This even as the shared currency itself is in no great shape having been hit hard by sinking economic sentiment in Europe's largest economy.

August 13,2014

euro dollar exchange rate forecast

The euro exchange rate complex (EUR) is today deep in the red once more with losses coming against all the major trading partners as we enter the half-way point of the week.

August 15,2014

euro exchange rate forecast

Analysts at investment bank Morgan Stanley have briefed clients that they forecasting the US dollar exchange rate (USD) complex to retain a solid footing going forward.

August 12,2014

euro exchange rates

Euro Rate Today: The EUR complex couldn’t catch a break mid-week as it fell to new nine-month lows against the US Dollar well below the $1.34 mark. However, in the final trading session of the week we see the EUR has caught a bid - even as equity markets continue their slump.

We predict that this bout of euro strength will be short-lived as there is no obvious reason for the price action.

On Thursday markets heaedp further pressure after European Central Bank (ECB) President Draghi struck a decidedly sombre tone in the press conference following the monthly interest rate decision.

August 8,2014

Draghi and the euro exchange rate

Above: Mario Draghi's press conference this week will be closely watched by FX markets.

Euro Rate Today: The euro exchange rate complex has come under increased pressure in the run up to the mid-week highlight that is the European Central Bank (ECB) interest rate decision.

August 7,2014

exchange rate forecasts

The euro exchange rate complex has been undermined by fresh statistics concerning inflation on the eve of a new month.

August 1,2014

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