Euro Forecast

The Euro to Dollar exchange rate (EUR/USD) is hurtling towards parity as the FX market isn't close to fully appreciating the 'Trump Trade'.

One of Germany's largest banks thinks the British Pound is set for another strong year against the Euro. However, a key risk is an economic slowdown following Rachel Reeves' budget.

Shahab Jalinoos at UBS says the regime shift in the U.S. does bode for a strong Dollar, but he says tactical considerations suggest the Euro should end the year higher against the Dollar than at current levels.

According to research from JP Morgan, the Euro could be set to move to parity against the Dollar in the coming quarters.

The British Pound is described as "a diamond in the rough," by Goldman Sachs in their new year-ahead forecast publication, in which a new set of post-election forecast targets suggest solid gains in the coming months.

The Euro to Dollar exchange rate (EUR/USD) looks to be forming a base above 1.05, but stay wary of further declines.

Pound Sterling could lose further value against the Euro in the coming week if UK inflation and PMI data undershoot expectations.

"A bit more juice in sterling," says Kit Juckes, head of FX research at Société Générale.

The Euro to Dollar exchange rate (EUR/USD) could be on course to hit the 1:1 marker, according to an increasing number of analysts. Others say such talk is overblown.

Rewind to this time last week and things were looking up for the Euro to Dollar exchange rate (EUR/USD). Now, we are forecasting further losses in the coming days.

Pound Sterling rose to its highest level against the Euro in two years following Donald Trump's win. Further gains are possible near-term.

Pound Sterling could be set for a run higher against the Euro into year-end thanks to the Bank of England's November guidance.

Forecasts for the euro are lowered at one of Europe's biggest banks following the political upheaval in the United States.

EUR/USD stabilises just below 1.09 ahead of the all-important U.S. presidential vote, but a Donald Trump win would ignite significant selling pressures again.

Pound Sterling is under near-term pressure against the Euro as it enters a week that will be dominated by a Bank of England interest rate decision.

EUR/USD looks like it wants to go lower, with little by way of technical indicators to prevent this.

Pound Sterling is in an uptrend against the Euro, but the near-term is likely to see more chop and churn.

Pound Sterling retains an upward bias favouring patience for those looking to buy euros, say technical analysts at leading investment banks.

The Euro is in a downtrend against the Dollar and further losses are likely over the coming five days.

Pound Sterling is in an uptrend against the Euro that looks set to extend in the coming five days; however, beware of volatility around Bank of England speeches and Thursday's PMI release.