Euro Forecast Directory - Page #92
A round up of the latest Euro forecast news items from the Currency News desk.
Euro to Dollar Forecast: 1.130 Level "Remains Anchor in EUR/USD"
6 May 2025 at 12 PM - Written by Tim Boyer
STORY LINK Euro to Dollar Forecast: 1.130 Level "Remains Anchor in EUR/USD"
The Euro to Dollar exchange rate (EUR/USD) has found support below 1.1300 and is trading around 1.1320, but rallies have met selling interest.
The Euro was hampered by German CDU leader Merz failing to win a vote in the Bundestag that would have approved him as Chancellor. Another vote may be held in the short term.
EUR/USD is still...
CATEGORIES: Euro Dollar Forecasts
Pound-to-Euro Forecast: GBP Sterling Risk on "More Dovish" BoE
6 May 2025 at 10 AM - Written by Frank Davies
STORY LINK Pound-to-Euro Forecast: GBP Sterling Risk on "More Dovish" BoE
UPDATE: The Pound to Euro (GBP/EUR) exchange rate pared Tuesday's gains after Friedrich Merz became Germany's new chancellor, winning a second vote in the country's parliament.
"EURGBP sold off 0.7% before Merz sworn in, as his lack of majority casted doubts over the ability of the government to follow through with the stimulus...
CATEGORIES: Pound Euro Forecasts
Euro to Dollar Forecast: EURUSD Momentum Faded, FED Ahead
5 May 2025 at 8 AM - Written by Frank Davies
STORY LINK Euro to Dollar Forecast: EURUSD Momentum Faded, FED Ahead
Currency forecasters at MUFG expect the Euro to Dollar exchange rate (EUR/USD) to strengthen to 1.20 by the first quarter of 2026 amid ongoing dollar losses.
Rabobank, however, sees scope for EUR/USD to retreat to 1.10 on a 3-month view on an easing of trade fears before a recovery to 1.15 in 12 months.
EUR/USD has generally traded...
CATEGORIES: Currency Predictions Euro Dollar Forecasts
Pound to Euro May Forecast: FTSE 100 Index Revival Underpins Sterling
2 May 2025 at 7 AM - Written by Tim Boyer
STORY LINK Pound to Euro May Forecast: FTSE 100 Index Revival Underpins Sterling
The Pound to Euro (GBP/EUR) exchange rate found support below 1.1720 on Wednesday and rallied to near 1.1770 on Thursday, close to 3-week highs.
Many European markets were closed for the Labour-Day holiday which dampened activity with markets also waiting for the UK local election results.
Equity markets, however, held firm on...
CATEGORIES: Pound Euro Forecasts
Pound-to-Euro Rate Steady at 1.176 as EUR/USD Bounces of Lows
2 May 2025 at 7 AM - Written by Frank Davies
STORY LINK Pound-to-Euro Rate Steady at 1.176 as EUR/USD Bounces of Lows
As EUR/USD bounces of multi-week lows, the Pound Euro exchange rate (GBP/EUR) drifted sideways on Thursday, with both currencies lacking clear direction as traders looked ahead to Friday’s pivotal Eurozone inflation figures.
At the time of writing, GBP/EUR traded at €1.1766, having wavered in a narrow range.
The Euro (EUR) saw...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Forecast: Sterling Stalls, Strong EUR Headache for ECB
1 May 2025 at 10 AM - Written by Tim Boyer
STORY LINK Pound to Euro Forecast: Sterling Stalls, Strong EUR Headache for ECB
The Pound to Euro rate (GBP/EUR) hit 3-week highs around 1.1790 in Asian trading on Wednesday before a retreat to 1.1760.
GBPEUR is likely to face further near-term resistance close to 1.1800, but expectations of a dovish ECB stance will provide solid underlying Pound support.
There has been further evidence that UK business...
CATEGORIES: Pound Euro Forecasts
Pound-to-Euro Rate Dips to 1.176 on EUR USD Reaction to GDP Data
1 May 2025 at 8 AM - Written by David Woodsmith
STORY LINK Pound-to-Euro Rate Dips to 1.176 on EUR USD Reaction to GDP Data
The Pound-to-Euro exchange rate ticked lower on Wednesday following the publication of the Eurozone’s latest GDP data.
At the time of writing, the GBP/EUR was trading at around €1.1749, down roughly 0.2% from Wednesday’s opening levels.
On Wednesday, the Euro (EUR) was mixed against its peers, strengthening against some...
CATEGORIES: Pound Euro Forecasts
Euro to Dollar Forecasts Revised to 1.15 (from 1.04) at HSBC
30 Apr 2025 at 3 PM - Written by Frank Davies
STORY LINK Euro to Dollar Forecasts Revised to 1.15 (from 1.04) at HSBC
After surging to 3-year highs above 1.1550, the Euro to Dollar exchange rate (EUR/USD) has been in corrective mode with buying below 1.1300.
US economic concerns have increased, although the dollar has demonstrated some resilience in global markets. There will be some impact from month-end trading during the day which may mask...
CATEGORIES: Currency Predictions Euro Dollar Forecasts
Pound to Euro Mid-Week Forecast: Sterling Bolstered on Closer UK-EU Hopes
30 Apr 2025 at 8 AM - Written by David Woodsmith
STORY LINK Pound to Euro Mid-Week Forecast: Sterling Bolstered on Closer UK-EU Hopes
The Pound to Euro exchange rate (GBP/EUR) hit 3-week highs around 1.1780 in Europe on Tuesday before settling around 1.1770. Hopes for closer UK-EU ties have continued to underpin the Pound Sterling in global markets.
UK equities edged higher in London trading which also helped support Sterling.
Ramifications of the aggressive US...
CATEGORIES: Pound Euro Forecasts