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Euro forecast - eur euro

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

Euro-Dollar Slides to Near 1.08 on ECB Rate-Cut Speculation and Gold Reversal

5 Dec 2023 at 8 AM - Written by Ben Hughes

Markets remain convinced that US and ECB interest rates will not be increased further, especially with evidence of weakening inflation pressures. Markets are also confident that both central banks will cut interest rates next year. After jumping in Asia, gold posted sharp losses during the day which underpinned the dollar and the...

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GBP/EUR Outlook: Pound to Euro Exchange Rate Posts 12-Week Best

4 Dec 2023 at 12 PM - Written by Frank Davies

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

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

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

Pound Euro Rate Today: Sterling Jumps to 10-week Highs as ECB Rate Cuts Seen as Inevitable

3 Dec 2023 at 6 PM - Written by Frank Davies

The overall data flows and central bank interest rate expectations have continued to underpin the Pound against the Euro with Bank of England (BoE) having greater success than the ECB in pushing back against expectations of rate cuts next year. The Pound to Euro (GBP/EUR) exchange rate was unable to hold above 1.1600 on Thursday, but...

CATEGORIES: Pound Euro Forecasts

Euro-Dollar Retreats, Where Next? December EUR/USD Outlook

1 Dec 2023 at 7 AM - Written by Ben Hughes

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

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

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

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

Euro-Dollar Unable to Hold Above 1.10, Slide in Euro-Zone Inflation Deters Further Buying

29 Nov 2023 at 5 PM - Written by James Fuller

The US Dollar (USD) was subjected to sharp selling against the Euro (EUR) on Tuesday following a more dovish speech from Federal Reserve Governor Waller. The Euro to Dollar (EUR/USD) exchange rate broke above the 1.1000 level with 3-month highs at 1.1018 before a retreat to 1.0975 on Wednesday amid weaker-than-expected Euro-Zone...

CATEGORIES: Daily Currency Updates Euro Dollar Forecasts