Currency News

Daily Exchange Rate Forecasts & Currency News

More Currency Predictions Continued - page 13

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

Pound to Dollar Forecast for Week Ahead: Sell to 1.1750?

12 Jan 2025 at 8 PM - Written by Tim Boyer

MUFG recommends selling the Pound to Dollar (GBP/USD) exchange rate with a target of 1.1750. There was a slide in UK bonds during the week with a jump in yields as the 10-year yield hit a 16-year high while the 30-year yield hit the highest level since 1998. Upward pressure on US yields contributed to the selling of US...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Euro Forecast for Week Ahead: Buy the Dip?

12 Jan 2025 at 8 PM - Written by David Woodsmith

The Pound came under significant pressure during the week amid a surge in UK government bond yields and higher global yields. The Pound to Euro exchange rate (GBP/EUR) dipped sharply to 2-month lows close to 1.1900 before a slight recovery. The 10-year yield jumped to 16-year highs just above 4.90%, while the 30-year yield hit the...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Dollar Rate Week Ahead Forecast: GBP/USD Firm in Turbulent Week

6 Jan 2025 at 2 PM - Written by David Woodsmith

Monday AM Brief: The Pound to Dollar exchange rate edged higher on Monday ahead of a number of US data releases expected this week. On Monday, the Pound (GBP) experienced a slight rise against most of its major counterparts, even as the UK's final services PMI for December was released. The services PMI, a key indicator for the UK...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Euro Exchange Rate Forecast: GBP/EUR Stagnation Around €1.20

6 Jan 2025 at 2 PM - Written by Frank Davies

The Pound to Euro (GBP/EUR) exchange rate traded in a narrow range on Monday as investors reacted to Germany’s latest inflation data. The Euro (EUR) gained ground on Monday after Germany’s latest consumer price index (CPI) data exceeded market expectations. The report revealed that inflation in Germany rose from 2.2% to 2.6%...

CATEGORIES: Currency Predictions Pound Euro Forecasts

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 Dollar Rate Predictions Next Year: Waves of Uncertainties Surround 2025

31 Dec 2024 at 2 PM - Written by Tim Boyer

NYE 2025 Forecast Update: The Pound to Dollar exchange rate (GBP/USD) dipped to 6-month lows below 1.2500 during December before settling just above this level. UBS expects that GBP/USD will strengthen to 1.34 by the end of 2025 as the dollar eventually loses ground. In contrast, HSBC maintains a bullish dollar stance and is...

CATEGORIES: Currency Predictions Pound 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 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 to Dollar Rate 2025 Forecast: Plunge to 1.17 or Rally to 1.38?

22 Dec 2024 at 11 AM - Written by Frank Davies

Currency exchange strategists at Nordea forecast that the Pound to Dollar exchange rate (GBP/USD) will slide to 1.17 by the middle of 2025 which would be the lowest reading since November 2022. Bank of America still expects GBP/USD to advance to 1.38 at the end of 2025. Nordea expects relative growth rates will support the dollar...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Dollar Rate December Forecast: 2025 - a Year of Uncertainty

15 Dec 2024 at 11 AM - Written by David Woodsmith

Currency exchange strategists at ING Bank forecast that the Pound to Dollar exchange rate (GBP/USD) will remain on the defensive during 2025 and trade at 1.24 at year-end. After initial weakness, MUFG expects a GBP/USD rally to 1.30 at the end of 2025. The latest GDP data was weaker than expected which triggered fresh doubts over...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Dollar Forecast for Week Ahead: Sell to 1.1750?

12 Jan 2025 at 8 PM - Written by Tim Boyer

MUFG recommends selling the Pound to Dollar (GBP/USD) exchange rate with a target of 1.1750. There was a slide in UK bonds during the week with a jump in yields as the 10-year yield hit a 16-year high while the 30-year yield hit the highest level since 1998. Upward pressure on US yields contributed to the selling of US...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Euro Forecast for Week Ahead: Buy the Dip?

12 Jan 2025 at 8 PM - Written by David Woodsmith

The Pound came under significant pressure during the week amid a surge in UK government bond yields and higher global yields. The Pound to Euro exchange rate (GBP/EUR) dipped sharply to 2-month lows close to 1.1900 before a slight recovery. The 10-year yield jumped to 16-year highs just above 4.90%, while the 30-year yield hit the...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Dollar Rate Week Ahead Forecast: GBP/USD Firm in Turbulent Week

6 Jan 2025 at 2 PM - Written by David Woodsmith

Monday AM Brief: The Pound to Dollar exchange rate edged higher on Monday ahead of a number of US data releases expected this week. On Monday, the Pound (GBP) experienced a slight rise against most of its major counterparts, even as the UK's final services PMI for December was released. The services PMI, a key indicator for the UK...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Euro Exchange Rate Forecast: GBP/EUR Stagnation Around €1.20

6 Jan 2025 at 2 PM - Written by Frank Davies

The Pound to Euro (GBP/EUR) exchange rate traded in a narrow range on Monday as investors reacted to Germany’s latest inflation data. The Euro (EUR) gained ground on Monday after Germany’s latest consumer price index (CPI) data exceeded market expectations. The report revealed that inflation in Germany rose from 2.2% to 2.6%...

CATEGORIES: Currency Predictions Pound Euro Forecasts

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 Dollar Rate Predictions Next Year: Waves of Uncertainties Surround 2025

31 Dec 2024 at 2 PM - Written by Tim Boyer

NYE 2025 Forecast Update: The Pound to Dollar exchange rate (GBP/USD) dipped to 6-month lows below 1.2500 during December before settling just above this level. UBS expects that GBP/USD will strengthen to 1.34 by the end of 2025 as the dollar eventually loses ground. In contrast, HSBC maintains a bullish dollar stance and is...

CATEGORIES: Currency Predictions Pound 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 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 to Dollar Rate 2025 Forecast: Plunge to 1.17 or Rally to 1.38?

22 Dec 2024 at 11 AM - Written by Frank Davies

Currency exchange strategists at Nordea forecast that the Pound to Dollar exchange rate (GBP/USD) will slide to 1.17 by the middle of 2025 which would be the lowest reading since November 2022. Bank of America still expects GBP/USD to advance to 1.38 at the end of 2025. Nordea expects relative growth rates will support the dollar...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Dollar Rate December Forecast: 2025 - a Year of Uncertainty

15 Dec 2024 at 11 AM - Written by David Woodsmith

Currency exchange strategists at ING Bank forecast that the Pound to Dollar exchange rate (GBP/USD) will remain on the defensive during 2025 and trade at 1.24 at year-end. After initial weakness, MUFG expects a GBP/USD rally to 1.30 at the end of 2025. The latest GDP data was weaker than expected which triggered fresh doubts over...

CATEGORIES: Currency Predictions Pound Dollar Forecasts