Euro Forecast

The Dollar surged higher at the start of the new week amidst a strong market reaction to stronger-than-expected U.S. data that has put the prospects of a June rate cut at the Federal Reserve on ice.

The Pound to Euro exchange rate has recovered the losses that followed the Bank of England's March policy decision and we expect ongoing trade centered around the 1.17 fulcrum.

The Pound to Euro conversion has fallen from its 2024 highs, but analysts at Barclays and Julius Baer are not dropping their predictions that Pound Sterling rally to fresh highs.

The Euro to Dollar exchange rate (EUR/USD) will be in focus as traders wonder whether Friday’s breakdown below the 200-day average was a temporary move or one that has legs.

The Euro to Dollar exchange rate risks further losses this week as the technical setup breaks down, and it will only be on Friday when a potential market-shifting U.S. PCE inflation figure is released.

Pound Sterling has endured two successive weeks of decline against the Euro, but the prospect of technical support around current levels and an expected synchronisation in Eurozone and UK rate cutting cycles will limit weakness.

According to a new analysis from one of the UK's biggest banks, the prospect of a material move higher in the Pound to Euro exchange rate is looking increasingly remote.

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.

Analysts at SEB, the Scandinavian lender and investment bank, say we are approaching the time for a EUR/USD breakout to lower levels.

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.

The Euro to Dollar exchange rate remains set on an upward path, according to a new analysis from UOB.

EUR/USD failure on Friday a potential warning signal that recent rally could be due to fade.

GBP/EUR close to fresh multi-month highs, but significant resistance blocks the way.

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).

An analyst at Société Générale says the Euro to Pound exchange rate's daily chart hints at a major reversal playing out.

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.