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Pound to Dollar Rate Forecast: 1.32 Hold as "GBP Most to Lose"

18 May 2025 at 7 PM - Written by Ben Hughes

STORY LINK Pound to Dollar Rate Forecast: 1.32 Hold as "GBP Most to Lose"

Currency exchange strategists at SocGen forecast the GBP/USD exchange rate will strengthen to 1.38 by the first quarter of 2026 as the dollar loses ground. HSBC expects weak UK fundamentals will hold GBPUSD at 1.32 at the end of 2025. The dollar secured net relief from the deal to lower US-China tariffs sharply for a 90-day period. Although the Pound drew some relief from stronger than expected GDP data, it posted a...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Euro to Dollar Forecast for Next Week: EUR to Extend 1.12 Consolidation

18 May 2025 at 7 PM - Written by Frank Davies

STORY LINK Euro to Dollar Forecast for Next Week: EUR to Extend 1.12 Consolidation

Nordea forecasts that the Euro to Dollar exchange rate (EUR/USD) will strengthen to 1.20 by the end of 2026 and would not be surprised if this level was reached much earlier than this. ING is far from bullish on the dollar, but expects EURUSD will be held to 1.13 at the end of this year. The EUR/USD recovered strongly from initial lows near 1.1050 during the week, but there was a fresh retreat to 1.1150 as the dollar...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Pound to Euro Week Ahead Forecast: 1.19 Today, 1.15-1.2050 in 12 Months

18 May 2025 at 7 PM - Written by David Woodsmith

STORY LINK Pound to Euro Week Ahead Forecast: 1.19 Today, 1.15-1.2050 in 12 Months

Foreign exchange analysts at Danske Bank are backing a retreat in the Pound to Euro (GBP/EUR) exchange rate to 1.15 on a 12-month view as hostile global conditions undermine the Pound. In contrast, Credit Agricole expects that GRP/EUR will strengthen to 1.2050. GBP/EUR challenged 1.19 resistance throughout the week, but was unable to break through and settled just below this level. At this stage, Danske is still...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Euro to Dollar Tech Forecast: Buy EUR/USD at 1.1180, Target 1.16

17 May 2025 at 9 PM - Written by Frank Davies

STORY LINK Euro to Dollar Tech Forecast: Buy EUR/USD at 1.1180, Target 1.16

After hitting 3-year highs above 1.1500, the Euro to Dollar exchange rate (EUR/USD) has consolidated close to 1.12 after finding fresh buying interest above 1.1000. UBS sees scope for tentative dollar support in the short term, but is looking to sell rallies. In this context, it recommends buying EUR/USD on dips to 1.1180 with a target of 1.1600. UBS sees scope for the dollar to stabilise in the short term with...

CATEGORIES: Euro Dollar Forecasts

Walmart Price Hikes Signal Inflation Risks Despite Softer US Data, Capping Dollar Gains

16 May 2025 at 10 PM - Written by Ben Hughes

STORY LINK Walmart Price Hikes Signal Inflation Risks Despite Softer US Data, Capping Dollar Gains

US inflation softer than forecastWalmart warns of price hikesFed cautious on rate cutsMarkets doubt early easingDollar struggles on dovish data Inflation data has been surprisingly soft in the US. Thursday’s PPI reading came in at –0.5% when a 0.2% increase was expected. Tariff price pressures have not shown up, yet. However, Walmart’s warnings over price increases suggests inflation could still rise in the coming...

CATEGORIES: American Dollar Forecasts

Pound to Dollar Forecast: Buy the Pullbacks "Below 1.32" say UBS

16 May 2025 at 10 PM - Written by Frank Davies

STORY LINK Pound to Dollar Forecast: Buy the Pullbacks "Below 1.32" say UBS

The Pound to Dollar exchange rate (GBP/USD) failed to hold above 1.3300 on Friday and settled just below this level. The dollar was resilient despite another soft US data release and increased stagflation fears. UK data next week will be important for Pound direction. According to UBS, there is the risk of near-term weakness; “We think renewed pullbacks below 1.32 (1.30-1.32 range) are possible due to the...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling to Euro Forecast: GBP Under 1.19 Resistance, FTSE Gains

16 May 2025 at 11 AM - Written by Tim Boyer

STORY LINK Pound Sterling to Euro Forecast: GBP Under 1.19 Resistance, FTSE Gains

GBP/EUR has consolidated around 1.1875 with a firm tone, but again unable to break the 1.1900 resistance area. The Pound to Euro exchange rate (GBP/EUR) has failed to break above 1.1900 for five successive days, but there will be speculation that optimism surrounding Monday’s UK-EU summit will trigger a move. UBS commented; “we expect EURGBP to stay around 0.84, with temporary dips below.” (Around 1.19 for GBP/EUR...

CATEGORIES: Pound Euro Forecasts

Euro to Dollar FX Forecast: EUR Range "Between 1.1100 and 1.1290"

16 May 2025 at 11 AM - Written by Frank Davies

STORY LINK Euro to Dollar FX Forecast: EUR Range "Between 1.1100 and 1.1290"

The Euro to Dollar exchange rate (EUR/USD) has consolidated close to 1.12 as markets take a breather into the weekend, but there are still major underlying issues amid speculation over a shift in huge global capital flows. ING commented; “We still see 1.120 as a good short-term anchor for EUR/USD, although the bias seems to be for testing 1.130 rather than 1.110 in the short term on the back of lingering USD strategic...

CATEGORIES: Euro Dollar Forecasts

Euro to US Dollar Forecast: EUR Drifts Into "Bearish Territory"

15 May 2025 at 5 PM - Written by David Woodsmith

STORY LINK Euro to US Dollar Forecast: EUR Drifts Into "Bearish Territory"

The Euro to Dollar exchange rate (EUR/USD) has fluctuated around 1.1200 on Thursday and settled close to this level after the raft of US data. Scotiabank notes that overall volatility has eased and added; “Near-term support is expected below 1.1100 and recent resistance has been observed above 1.1250.” According to ING; “We see EUR/USD trading in a 1.11-1.15 range over the coming weeks and months, although risks...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Pound-to-Dollar Forecast: GBP Advances vs USD on Slowing US Retail Sales

15 May 2025 at 5 PM - Written by Frank Davies

STORY LINK Pound-to-Dollar Forecast: GBP Advances vs USD on Slowing US Retail Sales

The Pound US Dollar exchange rate gained ground on Thursday as the US released its latest retail sales index and the UK released its latest GDP reading. At the time of writing, GBP/USD was trading at approximately $1.3300, up roughly 0.3% from the start of Thursday’s session. The US Dollar (USD) weakened across the board on Thursday as markets reacted to discouraging retail sales figures from April. Consumer...

CATEGORIES: Pound Dollar Forecasts

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