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Euro Forecast Directory - Page #140

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

Pound to Euro Forecast: 1.1235 in Twelve Months, say Danske

29 Oct 2023 at 8 AM - Written by Ben Hughes

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

Foreign Exchange Rates: Middle East Fears to Dominate Pound vs Euro and Dollar

27 Oct 2023 at 11 AM - Written by John Cameron

Position Adjustment and Middle East Fears Will Dominate Short-Term Pound and Euro Exchange Rate Moves Against the Dollar Position adjustment will be a key element during Friday on both geo-political and economic grounds. Overall risk conditions have remained vulnerable with further losses in equities on Thursday. There will be...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

Pound Euro Rate Today: Sterling Rallies to 1.1500

26 Oct 2023 at 5 PM - Written by James Fuller

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

Minor Post-ECB Euro to Dollar Rate Bounce Fails to Convince Investment Banks

26 Oct 2023 at 5 PM - Written by John Cameron

The US Dollar (USD) has been unable to make further headway against the Euro (EUR) after the latest round of data releases and ECB policy decision. At the time of writing, the Euro to Dollar exchange rate (EURUSD) traded at 1.05303. The overall economic dynamics will, however, continue to underpin the Dollar. According to...

CATEGORIES: Euro Forecasts Euro Dollar Forecasts

Pound to Euro Exchange Rate Forecast: Buy at 1.1495 say Rabobank

25 Oct 2023 at 12 PM - Written by John Cameron

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

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

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

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

Pound to Euro: Sterling Slips to 5-Month Lows vs EUR

20 Oct 2023 at 12 PM - Written by John Cameron

The Pound Sterling (GBP) has been on the defensive against the Euro (EUR) and US Dollar (USD) during the past 24 hours with vulnerability on domestic and global grounds. Domestically, ING commented; “We saw some rather soft UK numbers this morning. Weak retail sales and a noticeable drop in consumer confidence, though both are among...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Forecast: GBP/EUR at 1.1365 Next Year say Danske Bank

19 Oct 2023 at 11 AM - Written by John Cameron

Surge in US Bond Yields and Slide in Equities Squeeze Pound Weaker, GBP/EUR Exchange Rate Hits 3-Week Lows The Pound came under pressure on Wednesday with an important impact from the sell-off in US Treasuries and higher bond yields. Overall risk conditions were also weaker which undermined the UK currency, especially with sharp...

CATEGORIES: Pound Euro Forecasts