Currency News

Daily Exchange Rate Forecasts & Currency News

More Currency Predictions Continued - page 7

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

Pound-to-Euro Forecast: Near-Term Sterling Bullish Ahead of EU-UK Summit

9 May 2025 at 10 AM - Written by David Woodsmith

Thursday’s US-UK trade deal provided an element of Pound Sterling support against the Euro (and US Dollar) while there was a relatively hawkish Bank of England rate cut and the Euro lost ground amid a boost to global risk appetite. In this environment, the Pound to Euro exchange rate (GBP/EUR) hit 5-week highs at 1.1820 before a...

CATEGORIES: Currency Predictions Pound Euro Forecasts

GBP/USD Forecast: Pound to Trade "Back to 1.3445 High" Over Next Few Days

7 May 2025 at 5 PM - Written by Ben Hughes

The Pound to dollar exchange rate (GBP/USD) has again found support below 1.3300 and advanced to 1.3365 in early US trading on Wednesday. The dollar index (DXY) traded around 99.45. ING expects the dollar will continue to struggle while it expects that markets are too aggressive over near-term Bank of England rate-cut...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Dollar Forecast: Consolidation for Now, Longer-Term 1.43

5 May 2025 at 9 AM - Written by Tim Boyer

Bank of America forecasts that the Pound to Dollar exchange rate (GBP/USD) will strengthen to 1.43 at the end of 2025 with a further advance to 1.54 at the end of next year. HSBC has lowered its dollar outlook with the end-2025 dollar forecast at 1.32 from 1.23 previously. GBP/USD hit 3-year highs just below 1.3450 during the week...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Euro Week Ahead Forecast: 1.173 Today, 1.22 by End-2025

5 May 2025 at 8 AM - Written by David Woodsmith

Foreign exchange analysts at Rabobank expect the Pound to Euro exchange rate to retreat to 1.15 on a 9 to 12-month timeframe. In contrast, Bank of America is forecasting that GBP/EUR will strengthen to 1.22 at the end of this year GBP/EUR hit 3-week highs near 1.1800 during the week amid optimism of closer EU-UK trade ties and the...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Euro to Dollar Forecast: EURUSD Momentum Faded, FED Ahead

5 May 2025 at 8 AM - Written by Frank Davies

Currency forecasters at MUFG expect the Euro to Dollar exchange rate (EUR/USD) to strengthen to 1.20 by the first quarter of 2026 amid ongoing dollar losses. Rabobank, however, sees scope for EUR/USD to retreat to 1.10 on a 3-month view on an easing of trade fears before a recovery to 1.15 in 12 months. EUR/USD has generally traded...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Pound Sterling to Dollar Forecast: GBP to "Remain Firm" vs USD over 2025

2 May 2025 at 7 AM - Written by Frank Davies

The Pound to Dollar (GBP/USD) exchange rate was unable to move above 1.3350 on Thursday and retreated to just below 1.3300 after the round of US data. The releases were certainly soft, but markets had been braced for even weaker figures which helped trigger dollar short covering. Scotiabank still considers that the overall tone is...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Euro to Dollar Forecasts Revised to 1.15 (from 1.04) at HSBC

30 Apr 2025 at 3 PM - Written by Frank Davies

After surging to 3-year highs above 1.1550, the Euro to Dollar exchange rate (EUR/USD) has been in corrective mode with buying below 1.1300. US economic concerns have increased, although the dollar has demonstrated some resilience in global markets. There will be some impact from month-end trading during the day which may mask...

CATEGORIES: Currency Predictions Euro Dollar 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

Pound-to-Euro Forecast: Near-Term Sterling Bullish Ahead of EU-UK Summit

9 May 2025 at 10 AM - Written by David Woodsmith

Thursday’s US-UK trade deal provided an element of Pound Sterling support against the Euro (and US Dollar) while there was a relatively hawkish Bank of England rate cut and the Euro lost ground amid a boost to global risk appetite. In this environment, the Pound to Euro exchange rate (GBP/EUR) hit 5-week highs at 1.1820 before a...

CATEGORIES: Currency Predictions Pound Euro Forecasts

GBP/USD Forecast: Pound to Trade "Back to 1.3445 High" Over Next Few Days

7 May 2025 at 5 PM - Written by Ben Hughes

The Pound to dollar exchange rate (GBP/USD) has again found support below 1.3300 and advanced to 1.3365 in early US trading on Wednesday. The dollar index (DXY) traded around 99.45. ING expects the dollar will continue to struggle while it expects that markets are too aggressive over near-term Bank of England rate-cut...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Dollar Forecast: Consolidation for Now, Longer-Term 1.43

5 May 2025 at 9 AM - Written by Tim Boyer

Bank of America forecasts that the Pound to Dollar exchange rate (GBP/USD) will strengthen to 1.43 at the end of 2025 with a further advance to 1.54 at the end of next year. HSBC has lowered its dollar outlook with the end-2025 dollar forecast at 1.32 from 1.23 previously. GBP/USD hit 3-year highs just below 1.3450 during the week...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Euro Week Ahead Forecast: 1.173 Today, 1.22 by End-2025

5 May 2025 at 8 AM - Written by David Woodsmith

Foreign exchange analysts at Rabobank expect the Pound to Euro exchange rate to retreat to 1.15 on a 9 to 12-month timeframe. In contrast, Bank of America is forecasting that GBP/EUR will strengthen to 1.22 at the end of this year GBP/EUR hit 3-week highs near 1.1800 during the week amid optimism of closer EU-UK trade ties and the...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Euro to Dollar Forecast: EURUSD Momentum Faded, FED Ahead

5 May 2025 at 8 AM - Written by Frank Davies

Currency forecasters at MUFG expect the Euro to Dollar exchange rate (EUR/USD) to strengthen to 1.20 by the first quarter of 2026 amid ongoing dollar losses. Rabobank, however, sees scope for EUR/USD to retreat to 1.10 on a 3-month view on an easing of trade fears before a recovery to 1.15 in 12 months. EUR/USD has generally traded...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Pound Sterling to Dollar Forecast: GBP to "Remain Firm" vs USD over 2025

2 May 2025 at 7 AM - Written by Frank Davies

The Pound to Dollar (GBP/USD) exchange rate was unable to move above 1.3350 on Thursday and retreated to just below 1.3300 after the round of US data. The releases were certainly soft, but markets had been braced for even weaker figures which helped trigger dollar short covering. Scotiabank still considers that the overall tone is...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Euro to Dollar Forecasts Revised to 1.15 (from 1.04) at HSBC

30 Apr 2025 at 3 PM - Written by Frank Davies

After surging to 3-year highs above 1.1550, the Euro to Dollar exchange rate (EUR/USD) has been in corrective mode with buying below 1.1300. US economic concerns have increased, although the dollar has demonstrated some resilience in global markets. There will be some impact from month-end trading during the day which may mask...

CATEGORIES: Currency Predictions Euro Dollar 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