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Euro Forecast Directory - Page #130

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

Pound to Euro: Sterling Looks to Major UK Data Releases to Trigger Breakout

12 Feb 2024 at 9 PM - Written by John Cameron

STORY LINK Pound to Euro: Sterling Looks to Major UK Data Releases to Trigger Breakout

The Pound to Euro (GBP/EUR) exchange rate has continued to find support close to 1.1700 and settled around 1.1715 on Monday as tight ranges have prevailed. UK data this week will have an important market impact and volatility will inevitably increase with the possibility of a breakout. MUFG still forecasts that GBP/EUR can...

CATEGORIES: Pound Euro Forecasts

Euro to Dollar Forecast 2024: Retreat to 1.05, Rebound to 1.15 by 2025?

11 Feb 2024 at 12 PM - Written by Frank Davies

STORY LINK Euro to Dollar Forecast 2024: Retreat to 1.05, Rebound to 1.15 by 2025?

Currency analysts at SocGen sees a risk that the Euro to Dollar exchange rate (EUR/USD) will slide to 1.05 if expectations of US Federal Reserve rate cuts are scaled back further. NatWest also sees the risk of a near-term retreat to 1.05, but forecasts a rebound to 1.15 by year-end as the Fed does cut interest rates. EUR/USD hit...

CATEGORIES: Euro Dollar Forecasts

Pound to Euro Week Ahead Forecast: 1.17 for Now, 1.1495-1.2050 Long-Term

11 Feb 2024 at 12 PM - Written by John Cameron

STORY LINK Pound to Euro Week Ahead Forecast: 1.17 for Now, 1.1495-1.2050 Long-Term

Foreign currency experts at Goldman Sachs expect that the Pound-Euro exchange rate will strengthen to 1.2050 at the end of 2024 before a limited correction to 1.1765 at the end of 2025. In contrast, RBC Capital Markets expects that GBP/EUR will decline to 1.1495 by the end of 2024 with a slide to 1.0640 by the end of 2025. GBP/EUR...

CATEGORIES: Pound Euro Forecasts

Pound to Euro: Sterling Consolidates Above 1.1700

9 Feb 2024 at 12 PM - Written by John Cameron

STORY LINK Pound to Euro: Sterling Consolidates Above 1.1700

Foreign exchange update: The Pound to Euro (GBP/EUR) exchange rate has been held in tight ranges during the past 24 hours with mixed influences on the pair. GBP/EUR held above 1.1700, but unable to challenge resistance level and settled around 1.1715. Although GBP/EUR should hold firm, resistance will be tough to break down. The...

CATEGORIES: Pound Euro Forecasts

Euro to Pound Outlook: The Down Trend has "Tentatively Stalled" says SocGen

7 Feb 2024 at 4 PM - Written by John Cameron

STORY LINK Euro to Pound Outlook: The Down Trend has "Tentatively Stalled" says SocGen

GBP/EUR Exchange Rate Rebounds from 2-Week Lows on Positive UK News Flow The Pound to Euro (GBP/EUR) exchange rate dipped to 2-week lows just below 1.1670 on Tuesday before a solid recovery to just above the 1.1700 level. The overall UK data flows has remained broadly positive which has helped underpin the Pound. Sentiment in...

CATEGORIES: Euro Pound Forecasts

Euro to Dollar FX Forecasts: 1.07 in One Month, 1.05 in Three

5 Feb 2024 at 8 PM - Written by Tim Boyer

STORY LINK Euro to Dollar FX Forecasts: 1.07 in One Month, 1.05 in Three

US Dollar Extends Gains after US Prices Data, EUR/USD Exchange Rates Slide to 11-Week Lows The US data on Monday was again stronger than expected and, although there were still concerns that official data was overstating US strength, there was still further US gains, especially with European currencies again generally out of...

CATEGORIES: Euro Dollar Forecasts

Pound Sterling and Euro Both Struggle - Foreign Exchange News

5 Feb 2024 at 7 PM - Written by John Cameron

STORY LINK Pound Sterling and Euro Both Struggle - Foreign Exchange News

Foreign exchange update: The Pound to Euro exchange rate (GBPEUR) found support below the 1.1700 level in Asia on Monday and strengthened to near 1.1720 after the European open. Markets overall are more confident over the UK economic outlook and Euro-Zone investor confidence improved in February, but the Pound and Euro have both lost...

CATEGORIES: Euro Forecasts Pound Euro Forecasts Pound Sterling Forecasts

Euro to Dollar in 2024: Danske Bank Predicts 1.05 in Twelve Months

4 Feb 2024 at 12 PM - Written by David Woodsmith

STORY LINK Euro to Dollar in 2024: Danske Bank Predicts 1.05 in Twelve Months

Foreign currency experts at Danske Bank expect that the Euro to Dollar exchange rate to weaken towards 1.05 on a 12-month view. In contrast, MUFG expects EUR/USD will strengthen to 1.14 at the end of 2024. Dollar bears suffered a double setback during the week. Federal Reserve Chair Powell cast major doubts on the potential for an...

CATEGORIES: Euro Dollar Forecasts

Pound to Euro Week Ahead Forecast: A Push Towards 1.18?

4 Feb 2024 at 12 PM - Written by John Cameron

STORY LINK Pound to Euro Week Ahead Forecast: A Push Towards 1.18?

Foreign exchange strategists at Credit Agricole forecast that the Pound Sterling (GBP) will strengthen to 1.1900 against the Euro (EUR) by the end of 2024. Danske Bank still forecasts that the GBP/EUR exchange rate will weaken to 1.1235 this year. Relative economic expectations remain a key element and GBP/EUR posted 5-month highs...

CATEGORIES: Pound Euro Forecasts

Pound to Euro: Sterling Dips Below 1.1700 Ahead of Weekend

2 Feb 2024 at 6 PM - Written by James Fuller

STORY LINK Pound to Euro: Sterling Dips Below 1.1700 Ahead of Weekend

The pound-to-euro (GBP/EUR) exchange rate dipped to lows at 1.1685 ahead of Thursday’s Bank of England (BoE) policy meeting. The BoE vote split and guidance were less dovish than expected and this triggered a rebound in the Pound as markets pared expectations of a May interest rate cut. GBP/EUR rallied to 1.1730 and traded above...

CATEGORIES: Pound Euro Forecasts

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