Euro Forecast Directory - Page #78
A round up of the latest Euro forecast news items from the Currency News desk.
Euro to Dollar FX Forecast: 1.1180 Key to "Preserve Bullish Structure"
9 May 2025 at 2 PM - Written by Tim Boyer
STORY LINK Euro to Dollar FX Forecast: 1.1180 Key to "Preserve Bullish Structure"
With a significant US Dollar comeback on Thursday, the EUR/USD exchange rate dipped sharply with a test of support below 1.12 and 4-week lows.
Ahead of the weekend, the Euro-Dollar conversion is seen trading at 1.12601, 0.29 percent higher on the daily open.
The UK-US trade deal boosted optimism that the US Administration would...
CATEGORIES: Euro Dollar Forecasts
Pound-to-Euro Rate at 5-Week Best on US-UK Trade Deal
8 May 2025 at 5 PM - Written by Frank Davies
STORY LINK Pound-to-Euro Rate at 5-Week Best on US-UK Trade Deal
The Pound to Euro exchange rate strengthened after the Bank of England policy decision amid a split vote and relatively hawkish guidance.
The UK-US trade deal increased confidence that the UK could fare better than the EU on the trade front and the Pound-Euro conversion (GBP/EUR) tested hit 5-week highs just above 1.1815 as the Euro...
CATEGORIES: Pound Euro Forecasts
GBP/EUR Forecast: Pound Buoyed vs Euro by Hawkish BoE Rate Cut
8 May 2025 at 5 PM - Written by Tim Boyer
STORY LINK GBP/EUR Forecast: Pound Buoyed vs Euro by Hawkish BoE Rate Cut
The Pound Euro (GBP/EUR) exchange rate drifted higher on Thursday following the Bank of England’s (BoE) latest interest rate meeting.
At the time of writing, the GBP/EUR was trading at around €1.1796, up roughly 0.3% from Thursday’s opening levels.
The Pound managed to edge higher against most major currencies on Thursday...
CATEGORIES: Pound Euro Forecasts
Euro to Dollar Forecast: "Remains Range Bound" Between 1.12-1.15
8 May 2025 at 2 PM - Written by David Woodsmith
STORY LINK Euro to Dollar Forecast: "Remains Range Bound" Between 1.12-1.15
The Federal Reserve’s refusal to consider any near-term cut in interest rates has supported the dollar in global markets with the Euro to Dollar (EUR/USD) exchange rate trading around 1.1300 from 1.1270 lows.
The dollar is still being hampered by fragile underlying confidence.
ING commented; “We think there will be sustained...
CATEGORIES: Euro Dollar Forecasts
Pound Sterling to Euro Forecast: 1.149 in 9-12 Months say Rabobank
8 May 2025 at 8 AM - Written by Ben Hughes
STORY LINK Pound Sterling to Euro Forecast: 1.149 in 9-12 Months say Rabobank
The Pound Sterling is expected to underperform the Euro over the coming year, forecasting a steady climb in EUR/GBP to 0.87 on a 9-12 month timeframe, reversing much of sterling’s two-year outperformance.
This equates to a Pound-to-Euro exchange rate of 1.1494 over this timeframe.
“In contrast to GBP’s performance in 2023 and...
CATEGORIES: Pound Euro Forecasts
Pound-to-Euro Exchange Rate Dips following Duo of Eurozone Data
7 May 2025 at 2 PM - Written by Tim Boyer
STORY LINK Pound-to-Euro Exchange Rate Dips following Duo of Eurozone Data
The Pound Euro (GBP/EUR) exchange rate was on the back foot on Wednesday following the release of some mixed economic data from the Bloc.
At the time of writing, the GBP/EUR was trading at around €1.1740, down roughly 0.3% from Wednesday’s opening levels.
The Euro (EUR) enjoyed broad gains on Wednesday, climbing against most...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Forecast: Sterling Losses to 1.15 on Bearish Technicals
7 May 2025 at 1 PM - Written by Frank Davies
STORY LINK Pound to Euro Forecast: Sterling Losses to 1.15 on Bearish Technicals
The Pound to Euro (GBP/EUR) exchange rate spiked to 1-month highs at 1.1815 after the initial failure before a retreat to just below 1.1750 as markets also focus on the Bank of England policy decision.
German CDU leader Merz failed to be elected as Chancellor in the first Bundestag vote on Tuesday, but did secure a win in the second...
CATEGORIES: Pound Euro Forecasts
Euro to Pound Forecast: EURGBP Dips to 0.85 as BoE Cut Priced in
7 May 2025 at 7 AM - Written by Frank Davies
STORY LINK Euro to Pound Forecast: EURGBP Dips to 0.85 as BoE Cut Priced in
The Pound to Euro exchange rate has stabilised and has already priced in a likely rate cut from the Bank of England.
UK-EU negotiations on trade and other issues is seen as a positive.
The euro may be overvalued as it made strong gains even when the ECB were cutting rates aggressively.
Sterling has managed to make slight gains...
CATEGORIES: Euro Pound Forecasts