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Daily Exchange Rate Forecasts & Currency News

Euro Forecast Directory - Page #138

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

The Pound to Euro: Rate Tipped to 1.1500 on Tax Talk say ING

21 Nov 2023 at 1 PM - Written by Tim Boyer

Foreign exchange analysts see scope for Pound Sterling gains against the Euro in the short-term outlook. At the time of writing, the Pound to Euro exchange rate was trading at 1.1451. Monetary and fiscal policy both have scope to provide limited net British Pound support in the near term. Markets are confident that there will be...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Euro to Dollar Week Ahead Forecast: Three-Month Best as USD Pressured

21 Nov 2023 at 6 AM - Written by Frank Davies

The Euro to Dollar (EUR/USD) exchange rate has posted a three-month best just below 1.0950 as the dollar continued to lose ground and the Euro also received a positive surprise on the Italian credit rating. Danske Bank expects EUR/USD to test the 1.1000 level on a short-term view. According to Danske; “In the near-term, we still...

CATEGORIES: Daily Currency Updates Euro Dollar Forecasts

Pound to Euro Forecast: 1.1235 in 12 Month Outlook, say Danske

19 Nov 2023 at 1 PM - Written by John Cameron

Danske Bank forecasts the British Pound to weaken to 1.1235 against the US Dollar in a year, with JP Morgan expecting the GBP/EUR rate to remain at 1.1500 by September 2024. Market expectations of BoE rate cuts, following lower UK inflation and retail data, have led to a bearish view on the Pound. The BoE is anticipated to cut...

CATEGORIES: Currency Predictions Pound Euro Forecasts

The Pound to Euro: Forecast to Weaken, but Fall "Will be Slow" says Socgen

16 Nov 2023 at 9 PM - Written by David Woodsmith

UK Inflation Data Cements BoE Rate-Cut Expectations, GBP/EUR Slides to 6-Month Lows The Pound to Euro (GBP/EUR) exchange rate has slipped to fresh 6-month lows just below 1.1410 before a recovery to 1.1425. Pound Sterling lost ground following Wednesday’s inflation data and has been unable to regain territory in European trading...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Euro to Dollar Outlook: "Advance to 1.1500 in 2024 Very Feasible" say MUFG

16 Nov 2023 at 12 PM - Written by James Fuller

EUR/USD Exchange Rates Retreat from 2-Month Highs, US Retail Sales Data Disappoints Dollar Bears After a slide on Tuesday, the dollar has recovered some ground with some second thoughts whether the Euphoria after the US data was justified. The US data provided no further ammunition to dollar bears and the Euro to Dollar (EUR/USD)...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Pound to Euro Forecast: 1.15 Ceiling for Sterling say ING Strategists

15 Nov 2023 at 2 PM - Written by Ben Hughes

GBP/EUR Exchange Rate Held Below 1.1500, UK Inflation Slide Reinforces BoE Rate-Cut Expectations The Pound to Euro (GBP/EUR) exchange rate hit resistance just above 1.1500 on Tuesday and it drifted lower on Wednesday as the larger-than-expected decline in inflation reinforced expectations that the next Bank of England move would be to...

CATEGORIES: Pound Euro Forecasts

Euro to Dollar Forecast: EUR "Could Gain 10%" vs USD in Two Years say Citi

15 Nov 2023 at 7 AM - Written by Ben Hughes

Eurozone data on Tuesday was slightly stronger than expected which provided some Euro protection, although the latest US inflation data had a much more substantial impact. The latest US inflation data was weaker than expected which triggered a slide in bond yields and the dollar posted sharp losses. The Euro to Dollar (EUR/USD)...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Euro to Pound Sterling Forecast: "Scope for Move Below 0.87" say Rabobank

14 Nov 2023 at 2 PM - Written by John Cameron

GBP/EUR Exchange Rate: Tentative Recovery from 6-Month Lows After UK Wages Data The Pound to Euro (GBP/EUR) exchange rate continued to recover from 6-month lows on Monday with a peak just above 1.1480. GBP/EUR also touched 1.1490 after the UK wages data, but failed to hold the gains and settled just above 1.1475. Rabobank...

CATEGORIES: Pound Euro Forecasts

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