Euro Forecast

The Pound to Euro exchange rate is forecast to recover last Friday's losses over the course of the coming week, but much will depend on the release of UK and Eurozone PMI figures for April.

The Euro to Dollar exchange rate is forecast to trade at higher levels this week, although the bigger picture remains one of weakness into the 1.05 level.

The European Central Bank could be forced to raise interest rates again in 2024 should Middle East tensions escalate and energy prices spike, but analysts warn hikes would result in a weaker Euro.

Institutional analysts are revising lower their forecasts for the Euro against the Dollar following a recent reappraisal of where interest rates in the U.S. and Eurozone are headed in the coming months.

The Euro to Dollar exchange rate is on course to break below 1.05, according to a new analysis from Société Générale.

Last week's heavy losses for the Euro against the Dollar open the door to further declines in the coming days.

The Pound to Euro exchange rate could see volatility this week - albeit within a constricted range - as we navigate the release of UK wage and inflation data.

The trend for the EUR/USD is getting more bearish now, writes Fawad Razaqzada, Market Analyst at City Index.

The Pound to Euro exchange rate has risen ahead of the European Central Bank's March interest rate decision, with analysts saying the Eurozone's single currency saying it looks cheap.

The Euro to Dollar exchange rate is richly priced says ING, but even a "dovish" European Central Bank (ECB) this Thursday won't topple it.

The Euro is tipped to stay above 1.08 against the Dollar over the duration of the coming week, which will see two major tests in the form of Wednesday's U.S. inflation report and Thursday's European Central Bank decision.

We expect Pound Sterling to recover against the Euro this week, but our confidence in a rebound is lower than at the same point just one week ago.

French bank Natixis has cut its forecast for the Euro to Dollar exchange rate and warns risks are pointed to the downside if Donald Trump wins in November.

Pound Sterling can fall further against the Euro, according to a strategy call by a Reuters market analyst.

The Dollar surged higher at the start of the new week amidst a strong market reaction to stronger-than-expected U.S. data that has put the prospects of a June rate cut at the Federal Reserve on ice.

The Pound to Euro exchange rate has recovered the losses that followed the Bank of England's March policy decision and we expect ongoing trade centered around the 1.17 fulcrum.

The Pound to Euro conversion has fallen from its 2024 highs, but analysts at Barclays and Julius Baer are not dropping their predictions that Pound Sterling rally to fresh highs.

The Euro to Dollar exchange rate (EUR/USD) will be in focus as traders wonder whether Friday’s breakdown below the 200-day average was a temporary move or one that has legs.

The Euro to Dollar exchange rate risks further losses this week as the technical setup breaks down, and it will only be on Friday when a potential market-shifting U.S. PCE inflation figure is released.

Pound Sterling has endured two successive weeks of decline against the Euro, but the prospect of technical support around current levels and an expected synchronisation in Eurozone and UK rate cutting cycles will limit weakness.