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Euro forecast - eur euro

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

Pound to Euro Forecast: Decline to 1.1365 in Three Months say Danske

28 Mar 2024 at 9 AM - Written by John Cameron

The Pound to Euro exchange rate (GBP/EUR) has remained in narrow ranges with the pair finding support just below 1.1650, but struggling to sustain any gains and settling below 1.1660. Interest rate expectations will continue to be an important driver for exchange rates in general and GBP/EUR in particular. Danske Bank still...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Outlook: "GBP somewhat vulnerable going into Q224" say Credit Agricole

27 Mar 2024 at 8 AM - Written by John Cameron

The Pound to Euro exchange rate (GBP/EUR) found support just below 1.1650 on Tuesday and traded just above this level after the US open. There were no major data releases during the day with markets focussing to an important extent on interest rate expectations. The calendar could also have a significant impact in the short...

CATEGORIES: Pound Euro Forecasts

GBP/EUR: MUFG Lowers Pound to Euro Forecast Gains to 1.2085

26 Mar 2024 at 9 AM - Written by John Cameron

The Pound to Euro exchange rate (GBP/EUR) dipped to 2-month lows at 1.1625 on Friday before a limited recovery to 1.1655 on Monday. The shift in interest rate expectations has been a key element for exchange rates with last week’s Bank of England policy decision considered generally dovish with markets considering a stronger...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Week Ahead Forecast: Latest GBP/EUR Projections 2024

24 Mar 2024 at 10 AM - Written by David Woodsmith

Currency exchange forecasters at Danske Bank expect the Pound to Euro exchange rate (GBP/EUR) will weaken to 1.1365 over the next few months. BNPP, however, expects that GBP/EUR will strengthen to 1.2050 at the end of 2024. GBP/EUR dipped sharply to 2-month lows at 1.1625 before a tentative recovery to 1.1650. The Bank of England...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Exchange Rate Forecast: GBP/EUR Slides as BoE Speculation Builds

23 Mar 2024 at 9 AM - Written by John Cameron

The Pound to Euro (GBP/EUR) exchange rate retreated after Thursday’s Bank of England (BoE) policy decision and selling has continued to Friday with markets more confident that the central bank would cut interest rates at the June policy meeting. GBP/EUR retreated to 2-month lows at 1.1640 after Friday’s European...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Slips to 1.166 as BoE Edges Closer to Rate Cut

21 Mar 2024 at 4 PM - Written by John Cameron

A slightly more dovish Bank of England policy stance undermined the Pound on Thursday while there were mixed Euro developments. The Pound to Euro (GBP/EUR) exchange rate initially strengthened to 1.1720 before a slide to 20-day lows just below 1.1670. The Euro drew technical support from a jump in the EUR/CHF rate following a...

CATEGORIES: Pound Euro Forecasts

Pound / Euro Rate Today: Above 1.17 as Low Volatility Offsets UK Inflation

20 Mar 2024 at 10 AM - Written by John Cameron

The Pound to Euro exchange rate (GBP/EUR) briefly dipped to 1.1685 after the latest inflation data before a recovery to 1.1710. ING expects Thursday’s Bank of England decision will be crucial in determining whether GBP/EUR can attack 1.1765 resistance. The slightly lower-than-expected inflation data nudged markets towards a Bank...

CATEGORIES: Pound Euro Forecasts

Pound Sterling Retreats Against Euro and Dollar as Long Positions Trimmed

19 Mar 2024 at 9 AM - Written by John Cameron

The Pound to Euro exchange rate (GBP/EUR) was unable to make headway on Friday and retreated below the 1.1700 level on Monday to trade around 1.1685. MUFG is still backing a medium-term GBP/EUR move to 1.2085. The Pound has been hampered by speculation that the Bank of England (BoE) will adopt a less hawkish stance at this week’s...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts Pound Sterling Forecasts

Pound to Euro 2024-2025 Forecast: Major Slide 1.15 to 1.06 say RBC

17 Mar 2024 at 10 AM - Written by John Cameron

Foreign exchange analysts at RBC Capital Markets expect to see a Pound Sterling retreat to 1.15 at the end of 2024 and forecasts a major slide to 1.06 at the end of 2025. BNP Paribas, however, expects that the Pound to Euro exchange rate (GBP/EUR) will strengthen to 1.21 at the end of 2024 and hold the gains until the end of...

CATEGORIES: Pound Euro Forecasts

Pound Sterling: Battle Lines Drawn, Support vs Euro Below 1.17

15 Mar 2024 at 11 AM - Written by John Cameron

The Pound to Euro exchange rate (GBP/EUR) again found support below 1.1700 on Wednesday and moved back above 1.1700 to trade just above this level on Thursday. Global markets conditions have been favourable for the Pound with low volatility and net gains in equities as the UK FTSE 100 index posted a 7-month high. According to MUFG;...

CATEGORIES: Pound Euro Forecasts