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Euro Forecast Directory - Page #95

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

Euro to Dollar (EUR/USD) Exchange Rate Forecast 2025: Parity Run Expected

31 Dec 2024 at 2 PM - Written by Frank Davies

The US Dollar has seen sustained buying pressure since the November US elections and Trump’s victory. The Euro-to-USD exchange rate (EUR/USD) dipped to two-year lows just below 1.0350 before stabilising. The consensus is that Trump’s policies will put further upward pressure on the dollar. Danske Bank expects EUR/USD will...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Pound to Euro Forecasts for 2025: 8-Year Best Ahead for GBP/EUR

30 Dec 2024 at 10 AM - Written by David Woodsmith

The Pound to Euro exchange rate (GBP/EUR) hit a 33-month best around 1.2150 in 2024 as a notable shift in yields boosted Sterling. After a limited correction, a key element in 2025 will be whether GBP/EUR can break above 1.2200, levels last seen before the 2026 Brexit referendum. Goldman Sachs remains positive on Pound fundamentals...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Euro Rate in Mysterious 2% JUMP on Christmas Day

25 Dec 2024 at 10 AM - Written by David Woodsmith

The British Pound to Euro exchange rate has seen a mysterious 2% jump higher on Christmas Day. The Pound went from trading at around 1.2055 at 07:30, to 1.2276 at 08:30 GMT. This represents an over 200 pip jump on otherwise thin trading conditions. More updates to follow... Pound Nudges Higher into the Holiday Period, Investment...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate End-of-Year Forecast: Steady Path to 1.25 in 2025

22 Dec 2024 at 11 AM - Written by David Woodsmith

Foreign exchange strategists at HSBC forecast that the Pound to Euro (GBP/EUR) exchange rate will strengthen steadily to 1.25 at the end of 2025. Nordea, however, expects that GBP/EUR will slide to 1.1365 at the end of next year. GBP/EUR fleetingly hit a 33-month best at 1.2160 during the week before a sharp retreat to around...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound Sterling Dips Against Euro and Dollar on Surprise BoE Vote Split

20 Dec 2024 at 9 AM - Written by David Woodsmith

A narrower-than-expected Bank of England (BoE) vote in favour of holding interest rates at 4.75%, triggered a Pound sell-off on Thursday. The Pound was also undermined overnight by wider dollar gains. A hawkish Fed statement had help cut market expectations of a February BoE cut to below 50%, but this was reversed after the BoE...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

BoE Interest Rate Decision Dents Pound Euro Exchange Rate Outlook

20 Dec 2024 at 9 AM - Written by Ben Hughes

The Pound Euro exchange rate (GBP/EUR) edged lower on Thursday following the Bank of England’s (BoE) December interest rate decision. On Thursday, the Pound (GBP) lost ground against most of its major trading partners following the Bank of England's latest interest rate announcement. As expected, the central bank kept interest...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Flat following CPI Releases

19 Dec 2024 at 10 AM - Written by David Woodsmith

The Pound Euro (GBP/EUR) exchange rate was mostly muted on Wednesday following the release of the UK’s and the Eurozone’s latest inflation readings. On Wednesday, the Pound (GBP) held steady following the release of the UK's latest consumer price index (CPI) figures. The headline inflation rate for November ticked up from 2.3%...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Exchange Rate Retakes 1.21

18 Dec 2024 at 9 AM - Written by Frank Davies

The Pound Euro (GBP/EUR) exchange rate drifted higher on Tuesday following the release of the UK’s latest jobs data. On Tuesday, the Pound (GBP) saw gains against most of its major counterparts following the release of the UK's latest employment figures. The unemployment rate for the three months to October matched market...

CATEGORIES: Pound Euro Forecasts

GBP to Euro Exchange Rate Ticks Up following UK and Eurozone PMI Data

17 Dec 2024 at 11 AM - Written by David Woodsmith

The Pound vs Euro exchange rate (GBP/EUR) drifted higher on Monday following the publication of both the UK’s and the Eurozone’s preliminary PMI data for December. On Monday, the Pound (GBP) strengthened against most of its peers after the release of the UK's preliminary PMI data for December. The report showed that the UK's...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Rebounds as UK Inflation Pressures Trump Business Fears

16 Dec 2024 at 12 PM - Written by David Woodsmith

The Pound to Euro exchange rate (GBP/EUR) dipped to 2-week lows just above 1.2000 on Monday before a recovery to 1.2040 after the latest round of data releases. UK business confidence data was uninspiring at best, but evidence of upward pressure on prices reinforced expectations of a cautious Bank of England stance which helped support...

CATEGORIES: Pound Euro Forecasts