Currency News

Daily Exchange Rate Forecasts & Currency News

Currency Predictions

A round up of the latest currency predictions from the Currency News desk.

Euro to Dollar Q1 2024 Forecast: Parity Call say Morgan Stanley

3 Dec 2023 at 7 PM - Written by Ben Hughes

Foreign currency strategists at Morgan Stanley expect that the Euro to Dollar (EUR/USD) exchange rate will slide to parity by the end of the first quarter of 2024. Wells Fargo expects that the dollar will lose ground in 2024 with the Euro to Dollar (EUR/USD) exchange rate at 1.11 at the end of 2024. There was choppy dollar and Euro...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

The Pound to Dollar: Forecasts see Possible Gains to 1.2745, say UoB

1 Dec 2023 at 7 AM - Written by John Cameron

UK and Global Inflation Pressures in Focus, GBP/USD Exchange Rate Finds Support at 1.2600 European currencies have been generally on the back foot on Thursday as the dollar has secured a net recovery in global markets, but with some Pound resilience in evidence amid fears over sticky UK inflation. The Pound to Dollar (GBP/USD)...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Euro Forecast: 1.1765 in Six Months say Rabobank

29 Nov 2023 at 6 PM - Written by Toni Johnson

The Pound-to-Euro exchange rate (GBP/EUR) held a firm tone on Wednesday as the Bank of England (BoE) maintained hawkish rhetoric while weaker-than-expected inflation data from two Euro-Zone countries increased expectations of 2024 ECB rate cuts. In this environment, the British Pound advanced to 6-week highs against the Euro at 1.1570...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Euro Long-Term Forecast: Slide to 1.0525 End-2025 say Unicredit

26 Nov 2023 at 7 PM - Written by David Woodsmith

Foreign exchange strategists at ING Bank expect the Pound to Euro exchange rate (GBPEUR) to make a decisive break above 1.1500 in the short term. As a reference, today's GBP/EUR is 1.15196. From a longer-term perspective, Unicredit expects a retreat to 1.1365 at the end of 2024 and further sharp losses to 1.0525 at the end of...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Euro to Dollar Exchange Rate Outlook: "EUR/USD to rise to around 1.12" say Commerzbank

22 Nov 2023 at 8 AM - Written by James Fuller

EUR/USD Exchange Rate Retreats from 3-Month Highs Ahead of Fed Minutes The US Dollar (USD) overall remained vulnerable during Tuesday, although it did manage to resist further heavy losses and secured a limited comeback on short covering ahead of the Fed minutes. The dollar index dipped to 11-week lows just below 102.80 before a...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

The Pound to Euro: Rate Tipped to 1.1500 on Tax Talk say ING

21 Nov 2023 at 1 PM - Written by Tim Boyer

Foreign exchange analysts see scope for Pound Sterling gains against the Euro in the short-term outlook. At the time of writing, the Pound to Euro exchange rate was trading at 1.1451. Monetary and fiscal policy both have scope to provide limited net British Pound support in the near term. Markets are confident that there will be...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Euro Forecast: 1.1235 in 12 Month Outlook, say Danske

19 Nov 2023 at 1 PM - Written by John Cameron

Danske Bank forecasts the British Pound to weaken to 1.1235 against the US Dollar in a year, with JP Morgan expecting the GBP/EUR rate to remain at 1.1500 by September 2024. Market expectations of BoE rate cuts, following lower UK inflation and retail data, have led to a bearish view on the Pound. The BoE is anticipated to cut...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Dollar Outlook: 1.32 in Twelve Months say BNP Paribas

19 Nov 2023 at 1 PM - Written by Frank Davies

BNP Paribas predicts the Pound to Dollar exchange rate could rise to 1.32 within a year, while Danske Bank sees it dropping to 1.17. US and UK inflation declines are leading to expectations of rate cuts from the Fed and BoE in 2024. Despite weak UK retail sales, markets anticipate three BoE rate cuts next year. The British Pound's...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

The Pound to Euro: Forecast to Weaken, but Fall "Will be Slow" says Socgen

16 Nov 2023 at 9 PM - Written by David Woodsmith

UK Inflation Data Cements BoE Rate-Cut Expectations, GBP/EUR Slides to 6-Month Lows The Pound to Euro (GBP/EUR) exchange rate has slipped to fresh 6-month lows just below 1.1410 before a recovery to 1.1425. Pound Sterling lost ground following Wednesday’s inflation data and has been unable to regain territory in European trading...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Euro to Dollar Outlook: "Advance to 1.1500 in 2024 Very Feasible" say MUFG

16 Nov 2023 at 12 PM - Written by James Fuller

EUR/USD Exchange Rates Retreat from 2-Month Highs, US Retail Sales Data Disappoints Dollar Bears After a slide on Tuesday, the dollar has recovered some ground with some second thoughts whether the Euphoria after the US data was justified. The US data provided no further ammunition to dollar bears and the Euro to Dollar (EUR/USD)...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Euro to Dollar Q1 2024 Forecast: Parity Call say Morgan Stanley

3 Dec 2023 at 7 PM - Written by Ben Hughes

Foreign currency strategists at Morgan Stanley expect that the Euro to Dollar (EUR/USD) exchange rate will slide to parity by the end of the first quarter of 2024. Wells Fargo expects that the dollar will lose ground in 2024 with the Euro to Dollar (EUR/USD) exchange rate at 1.11 at the end of 2024. There was choppy dollar and Euro...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

The Pound to Dollar: Forecasts see Possible Gains to 1.2745, say UoB

1 Dec 2023 at 7 AM - Written by John Cameron

UK and Global Inflation Pressures in Focus, GBP/USD Exchange Rate Finds Support at 1.2600 European currencies have been generally on the back foot on Thursday as the dollar has secured a net recovery in global markets, but with some Pound resilience in evidence amid fears over sticky UK inflation. The Pound to Dollar (GBP/USD)...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Euro Forecast: 1.1765 in Six Months say Rabobank

29 Nov 2023 at 6 PM - Written by Toni Johnson

The Pound-to-Euro exchange rate (GBP/EUR) held a firm tone on Wednesday as the Bank of England (BoE) maintained hawkish rhetoric while weaker-than-expected inflation data from two Euro-Zone countries increased expectations of 2024 ECB rate cuts. In this environment, the British Pound advanced to 6-week highs against the Euro at 1.1570...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Euro Long-Term Forecast: Slide to 1.0525 End-2025 say Unicredit

26 Nov 2023 at 7 PM - Written by David Woodsmith

Foreign exchange strategists at ING Bank expect the Pound to Euro exchange rate (GBPEUR) to make a decisive break above 1.1500 in the short term. As a reference, today's GBP/EUR is 1.15196. From a longer-term perspective, Unicredit expects a retreat to 1.1365 at the end of 2024 and further sharp losses to 1.0525 at the end of...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Euro to Dollar Exchange Rate Outlook: "EUR/USD to rise to around 1.12" say Commerzbank

22 Nov 2023 at 8 AM - Written by James Fuller

EUR/USD Exchange Rate Retreats from 3-Month Highs Ahead of Fed Minutes The US Dollar (USD) overall remained vulnerable during Tuesday, although it did manage to resist further heavy losses and secured a limited comeback on short covering ahead of the Fed minutes. The dollar index dipped to 11-week lows just below 102.80 before a...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

The Pound to Euro: Rate Tipped to 1.1500 on Tax Talk say ING

21 Nov 2023 at 1 PM - Written by Tim Boyer

Foreign exchange analysts see scope for Pound Sterling gains against the Euro in the short-term outlook. At the time of writing, the Pound to Euro exchange rate was trading at 1.1451. Monetary and fiscal policy both have scope to provide limited net British Pound support in the near term. Markets are confident that there will be...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Euro Forecast: 1.1235 in 12 Month Outlook, say Danske

19 Nov 2023 at 1 PM - Written by John Cameron

Danske Bank forecasts the British Pound to weaken to 1.1235 against the US Dollar in a year, with JP Morgan expecting the GBP/EUR rate to remain at 1.1500 by September 2024. Market expectations of BoE rate cuts, following lower UK inflation and retail data, have led to a bearish view on the Pound. The BoE is anticipated to cut...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Dollar Outlook: 1.32 in Twelve Months say BNP Paribas

19 Nov 2023 at 1 PM - Written by Frank Davies

BNP Paribas predicts the Pound to Dollar exchange rate could rise to 1.32 within a year, while Danske Bank sees it dropping to 1.17. US and UK inflation declines are leading to expectations of rate cuts from the Fed and BoE in 2024. Despite weak UK retail sales, markets anticipate three BoE rate cuts next year. The British Pound's...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

The Pound to Euro: Forecast to Weaken, but Fall "Will be Slow" says Socgen

16 Nov 2023 at 9 PM - Written by David Woodsmith

UK Inflation Data Cements BoE Rate-Cut Expectations, GBP/EUR Slides to 6-Month Lows The Pound to Euro (GBP/EUR) exchange rate has slipped to fresh 6-month lows just below 1.1410 before a recovery to 1.1425. Pound Sterling lost ground following Wednesday’s inflation data and has been unable to regain territory in European trading...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Euro to Dollar Outlook: "Advance to 1.1500 in 2024 Very Feasible" say MUFG

16 Nov 2023 at 12 PM - Written by James Fuller

EUR/USD Exchange Rates Retreat from 2-Month Highs, US Retail Sales Data Disappoints Dollar Bears After a slide on Tuesday, the dollar has recovered some ground with some second thoughts whether the Euphoria after the US data was justified. The US data provided no further ammunition to dollar bears and the Euro to Dollar (EUR/USD)...

CATEGORIES: Currency Predictions Euro Dollar Forecasts