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Euro Forecast Directory - Page #126

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

Pound to Euro Rate Week-Ahead Forecast: "Big Week for Sterling"

13 Nov 2023 at 12 PM - Written by David Woodsmith

GBP/EUR Exchange Rate: Recovers Slightly from 6-Month Lows Ahead of Major UK Data releases The pound-to-euro exchange rate (GBP/EUR) slipped to 6-month lows near 1.1420 on Friday before a tentative recovery to 1.1450 on Monday. The media will focus on politics after Prime Minister sacked Home Secretary Braverman, but economic data...

CATEGORIES: Pound Euro Forecasts

Euro to Dollar Forecast 2024: Large Swings Around 1.08, say Nordea

12 Nov 2023 at 7 PM - Written by Ben Hughes

Foreign exchange strategists at Nordea expect that the Euro to Dollar exchange rate (EUR/USD) will fluctuate with large swings around 1.08 until the middle of 2024. Commerzbank expects EUR/USD will edge lower to 106 at the end of 2023 before a recovery to 1,12 in June 2024. In a panel discussion on Thursday, Federal Reserve Chair Powell...

CATEGORIES: Euro Dollar Forecasts

Pound to Euro Forecast: Further Sterling Losses Ahead say SocGen Techs

11 Nov 2023 at 7 AM - Written by John Cameron

UK GDP Data Fails to Impress Pound Sterling, GBP/EUR Exchange Rate Slides to Near 6-Month Lows Although there was slight relief that the UK managed to avoid a negative GDP figure for the third quarter, the data pointed to persistent stagnation and the Pound Sterling (GBP) failed to draw any support. Overall risk appetite has also...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Euro to Dollar Rate: EURUSD Retreats as Fed’s Powell Maintains Hawkish Stance

10 Nov 2023 at 8 AM - Written by Ben Hughes

Hawkish Fed rhetoric pulled the Euro (EUR) lower against the US Dollar (USD) on Thursday and CIBC expects the currency pair will weaken further to 1.03 at the end of 2023. At the time of writing, the Euro to Dollar exchange rate (EUR/USD) traded at 1.06699. In a speech on Thursday, Federal Reserve Chair Powell stated that the...

CATEGORIES: Daily Currency Updates Euro Dollar Forecasts

EUR/USD Tipped to "Return Towards 1.0600/1.0650 in Coming Days"

8 Nov 2023 at 3 PM - Written by Ben Hughes

After peaking just above 1.0750 on Monday, the Euro to Dollar exchange rate (EUR/USD) has lost ground steadily and retreated to 1.0660 on Wednesday before stabilising. According to ING; “EUR/USD may continue its gradual return towards 1.0600/1.0650 in the coming days.” Hawkish Fed rhetoric and Euro-Zone recession fears have...

CATEGORIES: Euro Dollar Forecasts

Euro to Dollar Forecast: Updated November 2023 FX EUR Predictions

5 Nov 2023 at 10 AM - Written by David Woodsmith

Currency analysts at Rabobank expect the rally seen in the Euro (EUR) against the US Dollar (USD) to fade quickly from here, and forecast a retreat to 1.02 on a 3-month view. MUFG expects the Euro US Dollar exchange rate to retreat to at least 1.05 by the end of 2023 before a strong rebound to 1.12 by the second quarter of 2024....

CATEGORIES: Euro Dollar Forecasts

Pound to Euro Rate: Forecast at 1.1765 in Three Months say Natwest

5 Nov 2023 at 10 AM - Written by John Cameron

GBP/EUR Exchange Rate: Economic Performance to Dominate Foreign exchange analysts at NatWest take a positive on the outlook for the Pound Sterling (GBP) against the Euro (EUR) and see scope for the British currency to strengthen to 1.1765 on a 3-month view. According to Danske Bank, however, the Pound-to-Euro exchange rate will...

CATEGORIES: Pound Euro Forecasts

Euro to Dollar Rate Forecast: 1.10 by Q1 2024, say MUFG

3 Nov 2023 at 7 AM - Written by Ben Hughes

EUR/USD Exchange Rate Rally May be Premature Given US Data Flow, but 1.10 Predicted by Early 2024 MUFG forecasts that the Euro to Dollar (EUR/USD) exchange rate will weaken to 1.0450 at the end of 2023 as the US data remains firm. Nevertheless, the bank considers that Fed policy, the US economy and the dollar are all close to...

CATEGORIES: Euro Dollar Forecasts

Pound to Euro Forecast: Heading for 1.1235, say Danske Bank

1 Nov 2023 at 6 PM - Written by John Cameron

According to Danske Bank, the Pound Sterling (GBP) is forecast to hit 1.1235 against the Euro (EUR) in the coming year. “We continue to forecast EUR/GBP to move modestly higher the coming year to 0.89 [1.1235 for GBP/EUR] on the UK economy performing relatively worse than the euro area," said the currency analysts. In contrast,...

CATEGORIES: Pound Euro Forecasts

Euro to Dollar Rate: 2024-2025 Forecast at 1.15 say BofA

1 Nov 2023 at 12 PM - Written by John Cameron

Foreign exchange analysts at Bank of America (BoA) are sticking with their end-2024/2025 Euro-Dollar forecast of 1.15 as the US economy deteriorates. At the time of writing, the Euro to US Dollar exchange rate traded at 1.0544 . It has also maintained its end-2023 forecast of 1.05, but looks at the potential risks which could...

CATEGORIES: Currency Predictions Euro Dollar Forecasts