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 Forecast: EUR Uptrend in Tact, 1.15 Resistance

27 Apr 2025 at 6 PM - Written by Frank Davies

Currency forecasters at MUFG expect the Euro to Dollar exchange rate (EUR/USD) to strengthen to 1.20 by the end of 2025 and extend gains over the following two years. Credit Agricole is less convinced that the Euro can hold gains and forecasts a EUR/USD retreat to 1.12 by the end of 2025. The underlying tone was consolidation during...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Pound to Euro Week Ahead Forecast: Overvalued Sterling "Vulnerable to Correction"

27 Apr 2025 at 5 PM - Written by Tim Boyer

Foreign exchange analysts at Danske Bank now forecast the Pound Sterling (GBP) will slide to 1.1365 against the Euro (EUR) on a 12-month view amid a persistent slide in global risk appetite. In contrast, Credit Agricole, expects Pound to Euro (GBP/EUR) exchange rate gains to 1.2050 by the end of 2025 with the Euro overvalued. During...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Dollar Forecast: RSI Firmly Bullish, Resistance Closer to 1.34

27 Apr 2025 at 5 PM - Written by David Woodsmith

In view of sharp dollar losses, most investment banks have dropped their forecasts for sustained Pound to Dollar exchange rate (GBP/USD) losses. Danske Bank and UBS both now have 12-month GBP/USD forecasts of 1.39. Standard Chartered is more cautious and has a 12-month GBP/USD forecast of 1.34. After testing 3-year highs around...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Euro and Pound Sterling Forecast to Surge Against Dollar say Scotiabank

25 Apr 2025 at 6 PM - Written by Frank Davies

Some recently released exchange rate forecasts suggest that both the Pound Sterling (GBP) and Euro (EUR) are positioned for further gains against the US Dollar (USD). Major banks such as Danske and Scotiabank have significantly revised their currency forecasts, indicating bullish prospects for EUR/USD and GBP/USD over the next year....

CATEGORIES: Currency Predictions Pound Dollar Forecasts Pound Euro Forecasts

Pound Sterling to Euro Forecast: Dollar Slide Could Enable Strong GBP Gains

25 Apr 2025 at 2 PM - Written by David Woodsmith

The Pound to Euro exchange rate hit a 2-week peak just above the key level of 1.1730 on Friday before settling around 1.1725 with a firm underlying tone. Equity markets again helped underpin the Pound Sterling on the day. The FTSE 100 has already risen for the last nine trading sessions as trade war tensions have cooled, the longest...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound Sterling to Euro Forecast: "GBPEUR Underperformance Likely"

24 Apr 2025 at 12 PM - Written by Frank Davies

The Pound to Euro (GBP/EUR) exchange rate failed to hold 1-week highs at 1.1720 on Thursday and retreated to 1.1670. GBP/EUR moves have tended to be dominated by risk conditions and equity markets with the Pound advance curbed by weaker equities on Thursday. The pair is likely to hit further resistance in the 1.1725-1.1730...

CATEGORIES: Currency Predictions Pound Euro Forecasts

GBP/EUR Forecast: 3-Month Pound Sterling Forecast of 1.15

23 Apr 2025 at 2 PM - Written by Frank Davies

Global risk appetite has recovered strongly on Wednesday following another change in direction by President Trump. Stronger risk conditions boosted the Pound, but the latest data triggered fresh doubts over the UK economic outlook which hampered the UK currency. After an initial boost the Pound to Euro (GBP/EUR) exchange rate failed...

CATEGORIES: Currency Predictions Pound Euro Forecasts

GBP/USD Forecast: Pound Sterling Rally Stalls as "Momentum is Overbought"

22 Apr 2025 at 3 PM - Written by Ben Hughes

The Pound Sterling's recent rally against the US Dollar takes a break on Tuesday, with GBPUSD trading flat at around 1.337. "GBPUSD looks to be taking a pause following its impressive 10-session rally from 1.2700," says Shaun Osborne, Chief FX Strategist Momentum at Scotiabank. "Momentum is overbought with an RSI at 71 and the...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Euro to Dollar Forecast: Further EUR Upside to Upper 1.16s?

20 Apr 2025 at 6 PM - Written by David Woodsmith

Currency forecasters at Deutsche Bank expect long-term Euro to Dollar exchange rate (EUR/USD) gains to 1.25 at the end of 2027 and note the risk that gains could come quicker. EURUSD was held below 3-year highs of 1.1470 during the week, but found strong buying below 1.1300. EUR/USD remains well above levels that would be justified...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Pound to Euro Week Ahead Forecast: Further Gains to 1.17 Before Sterling Slide

20 Apr 2025 at 5 PM - Written by Tim Boyer

Foreign exchange strategists at ING predict that the Pound Sterling (GBP) will weaken to 1.15 against the Euro (EUR) on a 12-month view amid contrasting outlooks for fiscal policy. Commerzbank, however, is forecasting Pound to Euro (GBP/EUR) exchange rate gains to 1.22 at the end of 2025. Market conditions were slightly calmer...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Euro to Dollar Forecast: EUR Uptrend in Tact, 1.15 Resistance

27 Apr 2025 at 6 PM - Written by Frank Davies

Currency forecasters at MUFG expect the Euro to Dollar exchange rate (EUR/USD) to strengthen to 1.20 by the end of 2025 and extend gains over the following two years. Credit Agricole is less convinced that the Euro can hold gains and forecasts a EUR/USD retreat to 1.12 by the end of 2025. The underlying tone was consolidation during...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Pound to Euro Week Ahead Forecast: Overvalued Sterling "Vulnerable to Correction"

27 Apr 2025 at 5 PM - Written by Tim Boyer

Foreign exchange analysts at Danske Bank now forecast the Pound Sterling (GBP) will slide to 1.1365 against the Euro (EUR) on a 12-month view amid a persistent slide in global risk appetite. In contrast, Credit Agricole, expects Pound to Euro (GBP/EUR) exchange rate gains to 1.2050 by the end of 2025 with the Euro overvalued. During...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Dollar Forecast: RSI Firmly Bullish, Resistance Closer to 1.34

27 Apr 2025 at 5 PM - Written by David Woodsmith

In view of sharp dollar losses, most investment banks have dropped their forecasts for sustained Pound to Dollar exchange rate (GBP/USD) losses. Danske Bank and UBS both now have 12-month GBP/USD forecasts of 1.39. Standard Chartered is more cautious and has a 12-month GBP/USD forecast of 1.34. After testing 3-year highs around...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Euro and Pound Sterling Forecast to Surge Against Dollar say Scotiabank

25 Apr 2025 at 6 PM - Written by Frank Davies

Some recently released exchange rate forecasts suggest that both the Pound Sterling (GBP) and Euro (EUR) are positioned for further gains against the US Dollar (USD). Major banks such as Danske and Scotiabank have significantly revised their currency forecasts, indicating bullish prospects for EUR/USD and GBP/USD over the next year....

CATEGORIES: Currency Predictions Pound Dollar Forecasts Pound Euro Forecasts

Pound Sterling to Euro Forecast: Dollar Slide Could Enable Strong GBP Gains

25 Apr 2025 at 2 PM - Written by David Woodsmith

The Pound to Euro exchange rate hit a 2-week peak just above the key level of 1.1730 on Friday before settling around 1.1725 with a firm underlying tone. Equity markets again helped underpin the Pound Sterling on the day. The FTSE 100 has already risen for the last nine trading sessions as trade war tensions have cooled, the longest...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound Sterling to Euro Forecast: "GBPEUR Underperformance Likely"

24 Apr 2025 at 12 PM - Written by Frank Davies

The Pound to Euro (GBP/EUR) exchange rate failed to hold 1-week highs at 1.1720 on Thursday and retreated to 1.1670. GBP/EUR moves have tended to be dominated by risk conditions and equity markets with the Pound advance curbed by weaker equities on Thursday. The pair is likely to hit further resistance in the 1.1725-1.1730...

CATEGORIES: Currency Predictions Pound Euro Forecasts

GBP/EUR Forecast: 3-Month Pound Sterling Forecast of 1.15

23 Apr 2025 at 2 PM - Written by Frank Davies

Global risk appetite has recovered strongly on Wednesday following another change in direction by President Trump. Stronger risk conditions boosted the Pound, but the latest data triggered fresh doubts over the UK economic outlook which hampered the UK currency. After an initial boost the Pound to Euro (GBP/EUR) exchange rate failed...

CATEGORIES: Currency Predictions Pound Euro Forecasts

GBP/USD Forecast: Pound Sterling Rally Stalls as "Momentum is Overbought"

22 Apr 2025 at 3 PM - Written by Ben Hughes

The Pound Sterling's recent rally against the US Dollar takes a break on Tuesday, with GBPUSD trading flat at around 1.337. "GBPUSD looks to be taking a pause following its impressive 10-session rally from 1.2700," says Shaun Osborne, Chief FX Strategist Momentum at Scotiabank. "Momentum is overbought with an RSI at 71 and the...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Euro to Dollar Forecast: Further EUR Upside to Upper 1.16s?

20 Apr 2025 at 6 PM - Written by David Woodsmith

Currency forecasters at Deutsche Bank expect long-term Euro to Dollar exchange rate (EUR/USD) gains to 1.25 at the end of 2027 and note the risk that gains could come quicker. EURUSD was held below 3-year highs of 1.1470 during the week, but found strong buying below 1.1300. EUR/USD remains well above levels that would be justified...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Pound to Euro Week Ahead Forecast: Further Gains to 1.17 Before Sterling Slide

20 Apr 2025 at 5 PM - Written by Tim Boyer

Foreign exchange strategists at ING predict that the Pound Sterling (GBP) will weaken to 1.15 against the Euro (EUR) on a 12-month view amid contrasting outlooks for fiscal policy. Commerzbank, however, is forecasting Pound to Euro (GBP/EUR) exchange rate gains to 1.22 at the end of 2025. Market conditions were slightly calmer...

CATEGORIES: Currency Predictions Pound Euro Forecasts