Euro forecasts against
Pound, Dollar, Australian Dollar, New Zealand Dollar and other G10 majors. Predictions come from market pricing sources, investment banks and technical analysts.
Corpay maintains a PDF forecast report showing major investment bank forecasts. The report includes the average forecast of all banks surveyed by Bloomberg as well as the highest and lowest forecast points over numerous timelines. Request your report: GBP/EUR, GBP/USD, EUR/USD, GBP/AUD, GBP/NZD, GBP/CAD.
The Euro's rebound against the Dollar appears to have run its course and downside impulses are expected during the coming week, particularly if Wednesday's Federal Reserve decision proves hawkish.
GBP/EUR is consolidating near the top of its range and another retest of the 1.1750 area is possible if this week's data surprises to the upside and the Bank of England repeats that it's too soon to consider cutting interest rates.
Pound Sterling can go higher against the Euro, supported by fundamentals that include attractive valuations, an interest rate buffer, and upside risks from the upcoming general election.
Selling the Euro against Pound Sterling still makes sense following Thursday's European Central Bank (ECB) policy update, according to strategists at MUFG Bank.
ING has analysed different scenarios ahead of this week's European Central Bank (ECB) announcement, assessing potential implications for the Euro to Dollar exchange rate (EUR/USD).
The Euro to Dollar exchange rate is relatively well supported as it approaches Thursday's European Central Bank decision and a pivotal U.S. jobs report on Friday.
GBP/EUR could extend a recent weak patch into the first part of March, particularly if the UK budget is not well received midweek and the European Central Bank strikes a hawkish tone on Thursday.
The Euro will fall against the Dollar as the European Central Bank (ECB) engages a faster and deeper interest rate cutting cycle to plug a yawning output gap in the Eurozone, according to Morgan Stanley.
Pound Sterling retains a constructive setup against the Euro, and further advances can be expected this week, but a strong Eurozone CPI print would likely boost the Euro.
One of Wall Street's biggest banks has raised its forecasts for the British Pound, saying it can benefit from its newfound status of "the USD of Europe".
The Euro to Dollar exchange rate has found solid support at 1.07 and we hold an upside bias for the coming five days with the potential for a positive PMI surprise informing this stance.
