Euro Forecast

GBP/EUR has been on the rise since mid-November, consistent with the relief rally we expected to transpire following the budget.

Currency analysts at UBS see the consensus trade fizzling out early in 2026.

The British pound will come under pressure against the euro next year as the UK economy suffers rising unemployment.

The euro looks set for further gains against the dollar.

Pound sterling's year-end rally against the euro looks well poised to extend.

Pound sterling's mini rally against the euro is intact.

Post-Budget relief for British pound, but a wary eye on the local elections in May.

The euro to dollar exchange rate (EUR/USD) is breaking higher on Monday.

Pound sterling has stabilised against the euro, but it's too soon to start forecasting materially higher levels.

Pound sterling's next big directional move risks a fall below 1.0 versus the euro when the next UK crisis swings around.

The euro is set to strengthen against the dollar in 2026, but gains will likely remain capped below 1.25.

Analysts at Nomura say major tail risks associated with this week's budget have been avoided, even if questions remain.

The dollar is showing no signs it is ready to relent.

Pound sterling faces the long-awaited budget where £30BN in tax rises must be found.

GBP/EUR now screens as undervalued and potentially primed for a relief rebound after the Budget.

Barclays expects pound sterling to recover against the euro in 2026.

Pound sterling looks to remain under pressure against the euro.

A 'bigger picture' overview of the euro-to-dollar (EUR/USD) outlook.

EUR/USD’s rebound from 1.1468 has stalled at the 21-day EMA.

Pound sterling is in a mild corrective upmove against the euro.