Currency News

Daily Exchange Rate Forecasts & Currency News

Currency Predictions

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

Pound to Euro Rate Week Ahead Forecast: French Fears in Focus

1 Dec 2024 at 2 PM - Written by Ben Hughes

Bank of America (BoA) has changed its forecasts at now expects that the Pound to Euro exchange rate (GBP/EUR) will strengthen to 1.25 at the end of 2025 from 1.2150 previously. The bank also expects further gains to 1.30 at the end of 2026. In contrast, ING expects GBP/EUR will surrender interim gains to trade at 1.19 at the end of...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Dollar December Forecast: Trump Trade but Upside Still Expected

1 Dec 2024 at 2 PM - Written by James Fuller

After an initial retreat to below 1.25, Bank of America (BoA) expects the Pound to Dollar exchange rate (GBP/USD) to strengthen to 1.38 at the end of 2025 with a further surge to 1.49 at the end of 2026. ING, however, expects dollar strength to dominate and has a 12-month GBP/USD forecast of 1.24. After posting gains for 8...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Euro Rate Week Ahead Forecast: Another EUR Lurch Lower

24 Nov 2024 at 11 AM - Written by David Woodsmith

Foreign exchange analysts at Commerzbank expect the Pound to Euro exchange rate (GBP/EUR) to maintain strength throughout 2025 with gains to 1.2350 at year-end. This would be the strongest level since 2016. There is very little in the way of dissent on a short-term view while, after initial gains to at least 1.22, MUFG expects that...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Euro Week Ahead Forecast: EUR concerns intensify, GBP Gains?

10 Nov 2024 at 7 PM - Written by Frank Davies

Foreign exchange analysts at MUFG expect that the Pound to Euro (GBP/EUR) exchange rate will strengthen towards 1.22. The consensus view is that a slow pace of Bank of England rate cuts, allied with difficulties in the Euro-Zone and the threat of trade stresses under a second Trump Presidency, will undermine the Euro and support...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Dollar Week Ahead Forecast: Trump trades dominate GBPUSD

10 Nov 2024 at 7 PM - Written by Frank Davies

ING has upgraded its dollar forecasts following the US Presidential election and now has an end-2025 Pound to Dollar (GBP/USD) exchange rate forecast of 1.24. MUFG added; “the bullish implications for the US dollar from a Trump victory and likely Red Sweep will cap further upside for cable beyond the 1.3000-level.” According to...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Euro Exchange Rate Forecast For Week Ahead: 1.1365-1.1905

16 Jun 2024 at 9 AM - Written by John Cameron

Foreign exchange analysts at Bank of America forecast that the Pound to Euro exchange rate (GBP/EUR) gains will extend to 1.1905. Credit Agricole sees scope for a near-term correction before a medium-term move to 1.1905. Danske Bank expects a decline to 1.1365 on a 6-12-month view, but notes that French political uncertainty and Bank...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Goldman Sachs: Pound Sterling Tipped at 1.35 vs Dollar in 12 months

24 Dec 2023 at 9 AM - Written by Frank Davies

Goldman Sachs now expects that the Pound will strengthen to 1.35 against the US Dollar by the end of 2024. HSBC analysts, however, are forecasting that GBP/USD exchange rate will weaken to 1.18 by the third quarter of 2024. There was choppy GBP/USD trading during the week with net gains to above 1.2700 as the dollar lost ground....

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Euro to Dollar Outlook 2024: HSBC Now Predicts Above 1.10

20 Dec 2023 at 5 PM - Written by Frank Davies

The Euro to Dollar exchange rate (EUR/USD) has been held below 1.10, but found support below 1.0900 on Monday and advanced to 1.0935 on Tuesday with relatively narrow ranges prevailing. Federal Reserve and ECB policy decisions, as well as market pricing, will be crucial factors. Goldman Sachs expects the Fed and ECB will both be...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Euro to Dollar Forecast 2024: Odds of 1.20 Next Year "Very Slim Indeed" says Juckes

18 Dec 2023 at 9 AM - Written by John Cameron

Where do foreign exchange analysts see the Euro (EUR) against the US Dollar (USD) next year (2024)? Commerzbank expects that the Euro to Dollar (EUR/USD) exchange rate will strengthen to 1.15 by mid 2024 before fading. Morgan Stanley, however, expects that EUR/USD will weaken back to parity in Spring 2024. EUR/USD surged to...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Pound to Dollar: Twelve-Month Forecasts Raised to 1.30 at Goldman Sachs

18 Dec 2023 at 9 AM - Written by David Woodsmith

Goldman Sachs has raised its 12-month Pound to Dollar (GBP/USD) exchange rate forecast to 1.30 from 1.25 previously. Nordea, however, expects only marginal gains to 1.28 by June 2024. GBP/USD strengthened to challenge 3-month highs at 1.2790 before a slide to 1.2700 later on Friday as the dollar staged a recovery. Market...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Euro Rate Week Ahead Forecast: French Fears in Focus

1 Dec 2024 at 2 PM - Written by Ben Hughes

Bank of America (BoA) has changed its forecasts at now expects that the Pound to Euro exchange rate (GBP/EUR) will strengthen to 1.25 at the end of 2025 from 1.2150 previously. The bank also expects further gains to 1.30 at the end of 2026. In contrast, ING expects GBP/EUR will surrender interim gains to trade at 1.19 at the end of...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Dollar December Forecast: Trump Trade but Upside Still Expected

1 Dec 2024 at 2 PM - Written by James Fuller

After an initial retreat to below 1.25, Bank of America (BoA) expects the Pound to Dollar exchange rate (GBP/USD) to strengthen to 1.38 at the end of 2025 with a further surge to 1.49 at the end of 2026. ING, however, expects dollar strength to dominate and has a 12-month GBP/USD forecast of 1.24. After posting gains for 8...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Euro Rate Week Ahead Forecast: Another EUR Lurch Lower

24 Nov 2024 at 11 AM - Written by David Woodsmith

Foreign exchange analysts at Commerzbank expect the Pound to Euro exchange rate (GBP/EUR) to maintain strength throughout 2025 with gains to 1.2350 at year-end. This would be the strongest level since 2016. There is very little in the way of dissent on a short-term view while, after initial gains to at least 1.22, MUFG expects that...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Euro Week Ahead Forecast: EUR concerns intensify, GBP Gains?

10 Nov 2024 at 7 PM - Written by Frank Davies

Foreign exchange analysts at MUFG expect that the Pound to Euro (GBP/EUR) exchange rate will strengthen towards 1.22. The consensus view is that a slow pace of Bank of England rate cuts, allied with difficulties in the Euro-Zone and the threat of trade stresses under a second Trump Presidency, will undermine the Euro and support...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Dollar Week Ahead Forecast: Trump trades dominate GBPUSD

10 Nov 2024 at 7 PM - Written by Frank Davies

ING has upgraded its dollar forecasts following the US Presidential election and now has an end-2025 Pound to Dollar (GBP/USD) exchange rate forecast of 1.24. MUFG added; “the bullish implications for the US dollar from a Trump victory and likely Red Sweep will cap further upside for cable beyond the 1.3000-level.” According to...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Euro Exchange Rate Forecast For Week Ahead: 1.1365-1.1905

16 Jun 2024 at 9 AM - Written by John Cameron

Foreign exchange analysts at Bank of America forecast that the Pound to Euro exchange rate (GBP/EUR) gains will extend to 1.1905. Credit Agricole sees scope for a near-term correction before a medium-term move to 1.1905. Danske Bank expects a decline to 1.1365 on a 6-12-month view, but notes that French political uncertainty and Bank...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Goldman Sachs: Pound Sterling Tipped at 1.35 vs Dollar in 12 months

24 Dec 2023 at 9 AM - Written by Frank Davies

Goldman Sachs now expects that the Pound will strengthen to 1.35 against the US Dollar by the end of 2024. HSBC analysts, however, are forecasting that GBP/USD exchange rate will weaken to 1.18 by the third quarter of 2024. There was choppy GBP/USD trading during the week with net gains to above 1.2700 as the dollar lost ground....

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Euro to Dollar Outlook 2024: HSBC Now Predicts Above 1.10

20 Dec 2023 at 5 PM - Written by Frank Davies

The Euro to Dollar exchange rate (EUR/USD) has been held below 1.10, but found support below 1.0900 on Monday and advanced to 1.0935 on Tuesday with relatively narrow ranges prevailing. Federal Reserve and ECB policy decisions, as well as market pricing, will be crucial factors. Goldman Sachs expects the Fed and ECB will both be...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Euro to Dollar Forecast 2024: Odds of 1.20 Next Year "Very Slim Indeed" says Juckes

18 Dec 2023 at 9 AM - Written by John Cameron

Where do foreign exchange analysts see the Euro (EUR) against the US Dollar (USD) next year (2024)? Commerzbank expects that the Euro to Dollar (EUR/USD) exchange rate will strengthen to 1.15 by mid 2024 before fading. Morgan Stanley, however, expects that EUR/USD will weaken back to parity in Spring 2024. EUR/USD surged to...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Pound to Dollar: Twelve-Month Forecasts Raised to 1.30 at Goldman Sachs

18 Dec 2023 at 9 AM - Written by David Woodsmith

Goldman Sachs has raised its 12-month Pound to Dollar (GBP/USD) exchange rate forecast to 1.30 from 1.25 previously. Nordea, however, expects only marginal gains to 1.28 by June 2024. GBP/USD strengthened to challenge 3-month highs at 1.2790 before a slide to 1.2700 later on Friday as the dollar staged a recovery. Market...

CATEGORIES: Currency Predictions Pound Dollar Forecasts