Euro Forecast

EUR/USD is forecast to retreat back below the 1.0 level over coming weeks by analysts at Rabobank, the Dutch based international lender and investment bank.

Significant hike to GBP/EUR forecasts at Goldman Sachs, as EUR set to be weighed by energy crunch.

Goldman Sachs have cut their forecasts for the Euro relative to the Dollar.

The Pound to Euro exchange rate rallied further to reach three month highs last week with the aid of a handicapped single currency but could struggle to advance further in the days ahead owing to uncertainty about the outcome of Thursday’s Bank of England (BoE) interest rate decision.

Wells Fargo confirms the Dollar will remain dominant over coming weeks, but strength should wane from the first quarter of 2023.

The Euro to Dollar exchange rate will unlikely to make another test of July lows below parity this week says UniCredit.

Danske Bank updates its EUR/USD forecasts and confirm the pair is destined to make a definitive move below parity.

The Euro to Dollar exchange rate this week touched parity but it has further to fall say analysts at one of the world's largest investment banks.

The probability of the Euro falling to parity against the Dollar have risen says ING, and when it happens the foreign exchange market will likely witness fireworks.

Mensur Pocinci, Head of Technical Analysis at Julius Baer, the Swiss bank, says he is inclined to favour further downside.

The Euro fell 1.47% against the Dollar on Tuesday and is left vulnerable to further losses says analyst Fawad Razaqada of City Index.

Foreign exchange strategists at Nomura forecast the Euro to fall to parity against the Dollar by August.

BofA update Euro-Dollar forecasts, dee little chance of a major recovery as ECB grapples with fragmentation risks.

"EUR/GBP has been trending steadily higher for over 20 years and should keep going up" - Soc Gen.

The Euro to Dollar exchange rate will remain under pressure until 2023 shows new research from UniCredit Bank.

GBP will endure a steady trend of decline in value agains the Euro over the coming 12 months shows research from Wall Street bank Goldman Sachs.

"Unless Lagarde commits to a series of 50s, EURUSD has limited room to gain" - TD Securities.

EUR/USD is likely going higher say currency strategists at Morgan Stanley who this week initiate a buy recommendation on the pair.

Foreign exchange strategists at Goldman Sachs say EUR/USD will leap 1.10 over coming months.

"EUR strength is in line with recent corrective rallies in 2022".