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Euro Forecast Directory - Page #137

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

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

"Big trade of this month has been long equities short dollar," says Monex Europe

29 Nov 2023 at 10 AM - Written by David Woodsmith

EUR/USD Exchange Rate Advances to Fresh 3-Month Highs, Traders Determined Test 1.10 The dollar lost ground into Tuesday’s New York open with the Euro to Dollar (GBP/USD) exchange rate advancing to fresh 3-month highs just below 1.0990 before a retreat to 1.0970. Confidence in a soft US landing remains high which has maintained...

CATEGORIES: Euro Dollar Forecasts

Euro to Pound Forecast: "EURGBP consolidate around 0.87" say Barclays

28 Nov 2023 at 3 PM - Written by Tim Boyer

The Pound Euro exchange rate (GBP/EUR) hit 3-week highs at 1.1550 on Monday before settling around 1.1535 with little change on Tuesday. UK equities retreated on Monday and registered further losses on Tuesday with weaker risk conditions tending to limit the scope for further Pound buying. Andrew Jones, portfolio manager at Janus...

CATEGORIES: Euro Pound Forecasts Pound Euro Forecasts

Pound to Euro Rate: Tipped to 1.1630 on Break Above 1.1550, say ING

27 Nov 2023 at 4 PM - Written by Ben Hughes

The Pound to Euro exchange rate (GBP/EUR) has made headway on Monday and posted a 3-week high just above the 1.1540 level. Marke expectations surrounding potential Bank of England (BoE) rate cuts have been scaled back slightly in absolute terms and compared with the ECB which has underpinned the Pound. There is still an important...

CATEGORIES: Daily Currency Updates Pound Euro Forecasts

Pound to Euro Long-Term Forecast: Slide to 1.0525 End-2025 say Unicredit

26 Nov 2023 at 7 PM - Written by David Woodsmith

Foreign exchange strategists at ING Bank expect the Pound to Euro exchange rate (GBPEUR) to make a decisive break above 1.1500 in the short term. As a reference, today's GBP/EUR is 1.15196. From a longer-term perspective, Unicredit expects a retreat to 1.1365 at the end of 2024 and further sharp losses to 1.0525 at the end of...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Euro Forecast: Break Above 1.15 say ING Analysts

24 Nov 2023 at 9 PM - Written by Frank Davies

The pound-to-euro exchange rate (GBP/EUR) was able to make net headway on Thursday and settled just above the 1.1500 level on Friday. The relative outlook for Euro-Zone and UK economies will remain a key element with a particular focus on Germany. The overall data flow has indicated a slightly more positive UK position which will...

CATEGORIES: Pound Euro Forecasts

Euro to Dollar Outlook 2023: Range "Between 1.0780 and 1.0965" say UoB

24 Nov 2023 at 9 AM - Written by Tim Boyer

With the US Thanksgiving Holiday undermining trading volumes, the Euro / Dollar exchange rate has settled around 1.0900 with the Euro unable to make headway. The relative outlook for US and Euro-Zone growth will remain a key driver for currency markets and EUR/USD. The latest Euro-Zone data eased fears over a deep recession, but did...

CATEGORIES: Euro Dollar Forecasts

Pound to Euro: "We're Sticking to Forecasts of Weaker Pound" say MUFG

24 Nov 2023 at 8 AM - Written by David Woodsmith

GBP/EUR Exchange Rate Posts 2-Week Highs as UK Services-Sector Returns to Growth Overall business confidence data from the Euro-Zone and UK were close to expectations, but a return to expansion territory for the UK services sector and on-going concerns over Euro-Zone recession combined to underpin the Pound. The Pound to Euro...

CATEGORIES: Pound Euro Forecasts

Euro to Dollar Exchange Rate Outlook: "EUR/USD to rise to around 1.12" say Commerzbank

22 Nov 2023 at 8 AM - Written by James Fuller

EUR/USD Exchange Rate Retreats from 3-Month Highs Ahead of Fed Minutes The US Dollar (USD) overall remained vulnerable during Tuesday, although it did manage to resist further heavy losses and secured a limited comeback on short covering ahead of the Fed minutes. The dollar index dipped to 11-week lows just below 102.80 before a...

CATEGORIES: Currency Predictions Euro Dollar Forecasts