Euro forecast - eur euro
A round up of the latest Euro forecast news items from the Currency News desk.
GBP/EUR Outlook: Pound to Euro Exchange Rate Posts 12-Week Best
4 Dec 2023 at 12 PM - Written by Frank Davies
STORY LINK GBP/EUR Outlook: Pound to Euro Exchange Rate Posts 12-Week Best
The Pound to Euro exchange rate posted 12-week highs just above 1.1690 in Asia on Monday before consolidating just above 1.1650. Market positioning and the shift in relative interest rate expectations has been a key element with the Pound drawing support from expectations of aggressive rate cuts next year. There has already been in...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Week Ahead Forecast: FX Bank Views Roundup
3 Dec 2023 at 7 PM - Written by David Woodsmith
STORY LINK Pound to Euro Week Ahead Forecast: FX Bank Views Roundup
Foreign exchange analysts at Rabobank see scope for the Pound to Euro exchange rate (GBP/EUR) to strengthen to 1.1765 on a 6-month view. In contrast, Bank of America does not expect GBP/EUR to strengthen further with a rate of 1.1495 in mid 2024 and 1.1365 at the end of next year. The Pound to Euro (GBP/EUR) exchange rate has posted...
CATEGORIES: Pound Euro Forecasts
Euro to Dollar Q1 2024 Forecast: Parity Call say Morgan Stanley
3 Dec 2023 at 7 PM - Written by Ben Hughes
STORY LINK Euro to Dollar Q1 2024 Forecast: Parity Call say Morgan Stanley
Foreign currency strategists at Morgan Stanley expect that the Euro to Dollar (EUR/USD) exchange rate will slide to parity by the end of the first quarter of 2024. Wells Fargo expects that the dollar will lose ground in 2024 with the Euro to Dollar (EUR/USD) exchange rate at 1.11 at the end of 2024. There was choppy dollar and Euro...
CATEGORIES: Currency Predictions Euro Dollar Forecasts
Euro-Dollar Retreats, Where Next? December EUR/USD Outlook
1 Dec 2023 at 7 AM - Written by Ben Hughes
STORY LINK Euro-Dollar Retreats, Where Next? December EUR/USD Outlook
The Euro to Dollar (EUR/USD) exchange rate came under significant pressure after Thursday’s European open as further evidence of a sharp decline in Euro-Zone inflation reinforced expectations of an early cut in ECB interest rates. EUR/USD retreated to lows just below 1.0910 ahead of the New York open before stabilising. Month-end...
CATEGORIES: Euro Dollar Forecasts
Pound to Euro December Forecast: Potential Scope to 1.1630
30 Nov 2023 at 10 PM - Written by Frank Davies
STORY LINK Pound to Euro December Forecast: Potential Scope to 1.1630
The Pound to Euro exchange rate strengthened to 7-week highs just above 1.1600 in early Europe on Thursday before a retreat to 1.1580 in choppy trading. Interest-rate expectations will remain a key driver for GBP/EUR in the short term and the Pound should maintain an underlying firm tone in the short term. The latest data has...
CATEGORIES: Pound Euro Forecasts
Euro US Dollar Exchange Rate: Corrective Retreat after Euro-Zone Inflation Data
30 Nov 2023 at 1 PM - Written by David Woodsmith
STORY LINK Euro US Dollar Exchange Rate: Corrective Retreat after Euro-Zone Inflation Data
The Euro to Dollar exchange rate (EUR/USD) was subjected to a correction after failing to hold above the 1.10 level and there was further selling after Thursday’s European open. The inflation data from France, Spain and German came in well below expectations, reinforcing expectations of weak Euro-wide data. The headline Euro-Zone...
CATEGORIES: Euro Dollar Forecasts
Pound to Euro Forecast: 1.1765 in Six Months say Rabobank
29 Nov 2023 at 6 PM - Written by Toni Johnson
STORY LINK Pound to Euro Forecast: 1.1765 in Six Months say Rabobank
The Pound-to-Euro exchange rate (GBP/EUR) held a firm tone on Wednesday as the Bank of England (BoE) maintained hawkish rhetoric while weaker-than-expected inflation data from two Euro-Zone countries increased expectations of 2024 ECB rate cuts. In this environment, the British Pound advanced to 6-week highs against the Euro at 1.1570...
CATEGORIES: Currency Predictions Pound Euro Forecasts