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Euro Forecast Directory - Page #89

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

Pound to Euro Week Ahead Forecast: 1.19 Today, 1.15-1.2050 in 12 Months

18 May 2025 at 7 PM - Written by David Woodsmith

STORY LINK Pound to Euro Week Ahead Forecast: 1.19 Today, 1.15-1.2050 in 12 Months

Foreign exchange analysts at Danske Bank are backing a retreat in the Pound to Euro (GBP/EUR) exchange rate to 1.15 on a 12-month view as hostile global conditions undermine the Pound. In contrast, Credit Agricole expects that GRP/EUR will strengthen to 1.2050. GBP/EUR challenged 1.19 resistance throughout the week, but was unable...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Euro to Dollar Tech Forecast: Buy EUR/USD at 1.1180, Target 1.16

17 May 2025 at 9 PM - Written by Frank Davies

STORY LINK Euro to Dollar Tech Forecast: Buy EUR/USD at 1.1180, Target 1.16

After hitting 3-year highs above 1.1500, the Euro to Dollar exchange rate (EUR/USD) has consolidated close to 1.12 after finding fresh buying interest above 1.1000. UBS sees scope for tentative dollar support in the short term, but is looking to sell rallies. In this context, it recommends buying EUR/USD on dips to 1.1180 with a...

CATEGORIES: Euro Dollar Forecasts

Pound Sterling to Euro Forecast: GBP Under 1.19 Resistance, FTSE Gains

16 May 2025 at 11 AM - Written by Tim Boyer

STORY LINK Pound Sterling to Euro Forecast: GBP Under 1.19 Resistance, FTSE Gains

GBP/EUR has consolidated around 1.1875 with a firm tone, but again unable to break the 1.1900 resistance area. The Pound to Euro exchange rate (GBP/EUR) has failed to break above 1.1900 for five successive days, but there will be speculation that optimism surrounding Monday’s UK-EU summit will trigger a move. UBS commented; “we...

CATEGORIES: Pound Euro Forecasts

Euro to Dollar FX Forecast: EUR Range "Between 1.1100 and 1.1290"

16 May 2025 at 11 AM - Written by Frank Davies

STORY LINK Euro to Dollar FX Forecast: EUR Range "Between 1.1100 and 1.1290"

The Euro to Dollar exchange rate (EUR/USD) has consolidated close to 1.12 as markets take a breather into the weekend, but there are still major underlying issues amid speculation over a shift in huge global capital flows. ING commented; “We still see 1.120 as a good short-term anchor for EUR/USD, although the bias seems to be for...

CATEGORIES: Euro Dollar Forecasts

Euro to US Dollar Forecast: EUR Drifts Into "Bearish Territory"

15 May 2025 at 5 PM - Written by David Woodsmith

STORY LINK Euro to US Dollar Forecast: EUR Drifts Into "Bearish Territory"

The Euro to Dollar exchange rate (EUR/USD) has fluctuated around 1.1200 on Thursday and settled close to this level after the raft of US data. Scotiabank notes that overall volatility has eased and added; “Near-term support is expected below 1.1100 and recent resistance has been observed above 1.1250.” According to ING; “We...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Pound-to-Euro Rate Rangebound following GDP Figures

15 May 2025 at 5 PM - Written by Ben Hughes

STORY LINK Pound-to-Euro Rate Rangebound following GDP Figures

The Pound Euro exchange rate (GBP/EUR) traded in a narrow range on Thursday as a risk-off mood offset downbeat Eurozone GDP and positive UK figures. At the time of writing, GBP/EUR traded at €1.1863, virtually unchanged on the morning’s opening rate. The Pound (GBP) found support on Thursday following the UK’s latest growth...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Tech Forecast: Break Above 1.1930, Gains to 1.2030

15 May 2025 at 2 PM - Written by David Woodsmith

STORY LINK Pound to Euro Tech Forecast: Break Above 1.1930, Gains to 1.2030

The Pound Sterling to Euro exchange rate (GBP/EUR) has again been unable to break above 1.1900 and retreated to near 1.1860 despite an initial boost from the UK GDP data. GBP sentiment remains broadly positive, but it will need to break resistance to make further headway. SocGen looked at the technical outlook. As well as the...

CATEGORIES: Euro Pound Forecasts

GBP/EUR Forecast: Pound Sterling "Muted" vs Euro Despite UK GDP Beat

15 May 2025 at 8 AM - Written by Frank Davies

STORY LINK GBP/EUR Forecast: Pound Sterling "Muted" vs Euro Despite UK GDP Beat

The Pound Euro (GBP/EUR) exchange rate traded in a narrow range on Thursday despite UK GDP data beating forecast in March. Official data released by the ONS showed the UK economy grew 0.2% in March from February, compared to the 0.0% that economists had predicted. At the time of writing, the GBP/EUR was trading at around €1.1877,...

CATEGORIES: Euro Forecasts Pound Sterling Forecasts

Pound-to-Euro Rate Tipped to Drift to 1.1630 in 2025 say SocGen

14 May 2025 at 1 PM - Written by David Woodsmith

STORY LINK Pound-to-Euro Rate Tipped to Drift to 1.1630 in 2025 say SocGen

The Pound to Euro (GBP/EUR) exchange rate is trading around 1.1880 and close to 5-week highs. Overall fear has continued to ease in global markets amid hopes that the US and China will step back from an escalating trade war. According to ING, there is still scope for GBP/EUR to break above 1.1900 ahead of Monday’s UK-EU...

CATEGORIES: Pound Euro Forecasts

Euro to Dollar Forecast: EUR Rebounds, Consolidation ~1.120 Ahead

14 May 2025 at 11 AM - Written by Frank Davies

STORY LINK Euro to Dollar Forecast: EUR Rebounds, Consolidation ~1.120 Ahead

The Euro to Dollar exchange rate (EUR/USD) slumped to lows below near 1.1050 on Monday after the US-China deal to lower tariffs substantially for a 90-day period. The dollar, however, failed to hold gains and EUR/USD has rallied strongly back above 1.1200 to test 1.1250 with reservations surrounding the dollar still in evidence....

CATEGORIES: Euro Dollar Forecasts

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