Euro forecast page 71 - eur euro
A round up of the latest Euro forecast news items from the Currency News desk.
Pound-to-Euro Exchange Rate Dips following Duo of Eurozone Data
7 May 2025 at 2 PM - Written by Tim Boyer
STORY LINK Pound-to-Euro Exchange Rate Dips following Duo of Eurozone Data
The Pound Euro (GBP/EUR) exchange rate was on the back foot on Wednesday following the release of some mixed economic data from the Bloc.
At the time of writing, the GBP/EUR was trading at around €1.1740, down roughly 0.3% from Wednesday’s opening levels.
The Euro (EUR) enjoyed broad gains on Wednesday, climbing against most...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Forecast: Sterling Losses to 1.15 on Bearish Technicals
7 May 2025 at 1 PM - Written by Frank Davies
STORY LINK Pound to Euro Forecast: Sterling Losses to 1.15 on Bearish Technicals
The Pound to Euro (GBP/EUR) exchange rate spiked to 1-month highs at 1.1815 after the initial failure before a retreat to just below 1.1750 as markets also focus on the Bank of England policy decision.
German CDU leader Merz failed to be elected as Chancellor in the first Bundestag vote on Tuesday, but did secure a win in the second...
CATEGORIES: Pound Euro Forecasts
Euro to Pound Forecast: EURGBP Dips to 0.85 as BoE Cut Priced in
7 May 2025 at 7 AM - Written by Frank Davies
STORY LINK Euro to Pound Forecast: EURGBP Dips to 0.85 as BoE Cut Priced in
The Pound to Euro exchange rate has stabilised and has already priced in a likely rate cut from the Bank of England.
UK-EU negotiations on trade and other issues is seen as a positive.
The euro may be overvalued as it made strong gains even when the ECB were cutting rates aggressively.
Sterling has managed to make slight gains...
CATEGORIES: Euro Pound Forecasts
Pound to Euro Rate "Muted" as EUR Unfazed by PPI Drop
6 May 2025 at 8 PM - Written by Frank Davies
STORY LINK Pound to Euro Rate "Muted" as EUR Unfazed by PPI Drop
Looking ahead to Wednesday, the main factor influencing the Pound Euro exchange rate will likely be the release of the Eurozone’s latest retail sales index and Germany’s latest factory orders.
The Bloc’s latest retail sales reading is expected to dip while Germany’s latest factory orders is forecast to show a rise within the...
CATEGORIES: Euro Forecasts Pound Sterling Forecasts
Euro to Dollar Forecast: 1.130 Level "Remains Anchor in EUR/USD"
6 May 2025 at 12 PM - Written by Tim Boyer
STORY LINK Euro to Dollar Forecast: 1.130 Level "Remains Anchor in EUR/USD"
The Euro to Dollar exchange rate (EUR/USD) has found support below 1.1300 and is trading around 1.1320, but rallies have met selling interest.
The Euro was hampered by German CDU leader Merz failing to win a vote in the Bundestag that would have approved him as Chancellor. Another vote may be held in the short term.
EUR/USD is still...
CATEGORIES: Euro Dollar Forecasts
Pound-to-Euro Forecast: GBP Sterling Risk on "More Dovish" BoE
6 May 2025 at 10 AM - Written by Frank Davies
STORY LINK Pound-to-Euro Forecast: GBP Sterling Risk on "More Dovish" BoE
UPDATE: The Pound to Euro (GBP/EUR) exchange rate pared Tuesday's gains after Friedrich Merz became Germany's new chancellor, winning a second vote in the country's parliament.
"EURGBP sold off 0.7% before Merz sworn in, as his lack of majority casted doubts over the ability of the government to follow through with the stimulus...
CATEGORIES: Pound Euro Forecasts
Euro to Dollar Forecast: EURUSD Momentum Faded, FED Ahead
5 May 2025 at 8 AM - Written by Frank Davies
STORY LINK Euro to Dollar Forecast: EURUSD Momentum Faded, FED Ahead
Currency forecasters at MUFG expect the Euro to Dollar exchange rate (EUR/USD) to strengthen to 1.20 by the first quarter of 2026 amid ongoing dollar losses.
Rabobank, however, sees scope for EUR/USD to retreat to 1.10 on a 3-month view on an easing of trade fears before a recovery to 1.15 in 12 months.
EUR/USD has generally traded...
CATEGORIES: Currency Predictions Euro Dollar Forecasts
Pound-to-Euro Rate Steady at 1.176 as EUR/USD Bounces of Lows
2 May 2025 at 7 AM - Written by Frank Davies
STORY LINK Pound-to-Euro Rate Steady at 1.176 as EUR/USD Bounces of Lows
As EUR/USD bounces of multi-week lows, the Pound Euro exchange rate (GBP/EUR) drifted sideways on Thursday, with both currencies lacking clear direction as traders looked ahead to Friday’s pivotal Eurozone inflation figures.
At the time of writing, GBP/EUR traded at €1.1766, having wavered in a narrow range.
The Euro (EUR) saw...
CATEGORIES: Pound Euro Forecasts
Pound to Euro May Forecast: FTSE 100 Index Revival Underpins Sterling
2 May 2025 at 7 AM - Written by Tim Boyer
STORY LINK Pound to Euro May Forecast: FTSE 100 Index Revival Underpins Sterling
The Pound to Euro (GBP/EUR) exchange rate found support below 1.1720 on Wednesday and rallied to near 1.1770 on Thursday, close to 3-week highs.
Many European markets were closed for the Labour-Day holiday which dampened activity with markets also waiting for the UK local election results.
Equity markets, however, held firm on...
CATEGORIES: Pound Euro Forecasts