Euro Forecast Directory - Page #127
A round up of the latest Euro forecast news items from the Currency News desk.
Euro to Dollar Exchange Rate Outlook: Sell at 1.0576, say HSBC Strategists
29 Oct 2023 at 9 PM - Written by James Fuller
STORY LINK Euro to Dollar Exchange Rate Outlook: Sell at 1.0576, say HSBC Strategists
Foreign exchange analysts at HSBC remain negative on the Euro to Dollar (EUR/USD) exchange rate and recommend selling it at 1.0576 with a target of 1.0220.
Danske Bank remains negative on the Euro over the medium term with a 12-month forecast of 1.03, but sees scope for a rally to 1.0800 on a near-term view.
According to HSBC;...
CATEGORIES: Euro Dollar Forecasts
Pound to Euro Forecast: 1.1235 in Twelve Months, say Danske
29 Oct 2023 at 8 AM - Written by Ben Hughes
STORY LINK Pound to Euro Forecast: 1.1235 in Twelve Months, say Danske
GBP/EUR Exchange Rate: Both Currencies Plagued by Weak Fundamentals
Foreign currency experts at Danske Bank expect that the Pound to Euro (GBP/EUR) exchange rate will weaken to 1.1235 on a 12-month view.
HSBC is bearish on the UK fundamentals, but considers that the Euro will perform even worse.
In this context, it expects...
CATEGORIES: Pound Euro Forecasts
Pound Euro Rate Today: Sterling Rallies to 1.1500
26 Oct 2023 at 5 PM - Written by James Fuller
STORY LINK Pound Euro Rate Today: Sterling Rallies to 1.1500
GBP/EUR Exchange Rate Pushes Through 1.1500 as Markets Debate UK and Euro-Zone Recession Threats
The Euro and Pound both remain under threat due to a lack of confidence in the Euro-Zone and UK economies respectively.
The Pound to Euro (GBP/EUR) exchange rate dipped to lows at 1.1450 on Thursday before rallying to near 1.1500 after...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Exchange Rate Forecast: Buy at 1.1495 say Rabobank
25 Oct 2023 at 12 PM - Written by John Cameron
STORY LINK Pound to Euro Exchange Rate Forecast: Buy at 1.1495 say Rabobank
GBP/EUR: Recovery Triggered by Euro-Zone Recession Fears
The latest Euro-Zone and UK business confidence data has maintained a lack of confidence in the outlook for both areas.
There is, however, likely to be increased concerns that the ECB has already tightened too much, increasing recession fears and raising fresh speculation that...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Exchange Rate: Recovery from 5-Month Lows
23 Oct 2023 at 12 PM - Written by James Fuller
STORY LINK Pound to Euro Exchange Rate: Recovery from 5-Month Lows
Pound Euro Closes in on 1.1500
After posting 5-month lows at 1.1440, the Pound to Euro exchange rate has rebounded to near 1.1500
Geo-political developments and Middle East tensions, together with the relative outlook for major economies, will be key elements during the week.
MUFG commented; “If the geopolitical landscape...
CATEGORIES: Pound Euro Forecasts
Pound Euro Rate Forecast: Buy GBP Below 1.15 say Rabobank
22 Oct 2023 at 10 PM - Written by David Woodsmith
STORY LINK Pound Euro Rate Forecast: Buy GBP Below 1.15 say Rabobank
Currency analysts at Rabobank consider that Euro and Pound Sterling fundamentals are both vulnerable, but see a case for buying the Pound to Euro (GBP/EUR) exchange rate below 1.1500.
At the time of writing, the Pound Euro rate was trading at 1.14815.
Danske Bank, however, expects losses to 1.1365 on a 12-month view.
Here are...
CATEGORIES: Pound Euro Forecasts
Euro to Dollar Exchange Rate Forecast: 1.07 in Three Months, say Deutsche Bank
22 Oct 2023 at 7 AM - Written by John Cameron
STORY LINK Euro to Dollar Exchange Rate Forecast: 1.07 in Three Months, say Deutsche Bank
The Euro (EUR) has remained strong despite the recent surge in US yields and the overall robustness of the US Dollar (USD) this week.
At the time of writing, the Euro to Dollar exchange rate (EURUSD) traded at 1.0598.
Currency News UK brings you the latest institutional FX forecasts from ING, Deutsche Bank, MUFG, HSBC, Rabobank,...
CATEGORIES: Euro Forecasts