Euro Forecast

The Pound to Euro exchange rate rallied back to within arm’s reach of post-referendum highs last week but could be seen stalling and then sprawling this week if the People’s Bank of China (PBoC) comes to the aid of the European single currency in a bid to fend of unwanted strength in the Renminbi.

Pound Sterling could be on the cusp of a large surge in value against the Euro, according to an analyst at data and information provider Thomson Reuters.

GBP/EUR correction risk elevated, upside limited, multiple headwinds threaten short- term setback.

UK inflation is set to peak at 10% says TD Securities, delivering a surge in prices that will inevitably hit economic activity and send Pound Sterling lower against the Euro and Dollar in coming weeks.

EUR/USD corrective rebound may extend short-term, but multiple resistances obstructing path above 1.11.

EUR/USD steadier & finding feet above 1.0800, calmer global markets supportive of EUR/USD.

GBP/EUR vulnerable to more resilient Euro, BoE decision also a possible downside risk.

"Simply put, a EURUSD much lower than the current level would be very low" - DNB Markets.

EUR/USD vulnerable as Ukraine fallout mounts, little to support EUR ahead of 1.08 & 1.0635.

EUR/USD vulnerable near last week’s lows, slip below 1.1107 brings 1.1002 into view.

GBP/EUR looks to hold 1.19, with upside limited after G7 fires monster sanctions salvo at Russia.

EUR/USD suppressed & vulnerable near 1.13, elevated conflict risk stifling appetite for EUR.

GBP/EUR set to remain buoyant above 1.19, rough 1.1940-to-1.2041 range likely ahead.

Investment bank JP Morgan have revised their forecasts for the Euro higher in the wake of the ECB's February policy update.

EUR/USD may attempt to stabilise near 1.13 after ECB, Fed & geopolitics prompt setback.

GBP/EUR supported at 1.1870, could retest 1.20 as Sterling looks for footing near 1.1890, CPI data looms.

Euro bears ABN AMRO acknowledge that recent developments at the European Central Bank leave their euro forecasts looking too pessimistic and they have accordingly raised them.

A recent shift in policy at the European Central Bank will save the Euro from a deep decline against the British Pound, says a leading foreign exchange analyst.

The Euro will "grind higher" against the Dollar over coming weeks shows analysis from Barclays.

ound Sterling will renew its strength over coming months and advance against the Euro, although the end of 2022 and the duration of 2023 will see Europe's single-currency claw back value.