Euro Forecast

EUR/USD is forecast to test the 200-day Moving Average as sellers look forward to Thursday's European Central Bank interest rate cut.

GBP/EUR faces downside risks this week as any misses in inflation or wage numbers will be jumped on. And don't forget the ECB's interest rate decision on Thursday.

The Euro to Dollar exchange rate is forecast to see further losses in the coming days and weeks, with one saying a return to 1.0780 is not impossible.

The Euro to Dollar exchange rate (EUR/USD) risks further losses in the coming days, however, downside momentum will likely fade.

Our Pound to Euro Week Ahead Forecast looks for 1.19 to act as gravity but for weakness to be limited below here.

The US dollar has strengthened for a fourth consecutive day, sending the EUR/USD down for the fifth session.

The Euro faces a setback this week amidst rising odds that the ECB accelerates the pace it cuts interest rates.

The Pound to Euro exchange rate could register further gains in the coming days amidst ongoing positive momentum. However, significant post-Brexit resistance levels are in play here.

The Euro to Dollar exchange rate will yield to the U.S. 'soft landing' says Deutsche Bank.

Pound Sterling Live and Corpay have launched the Pound to Euro forecast guide for year-end and the first half of 2025.

The Euro to Dollar exchange rate can move higher and analysts think the 1.12 level is an attractive near-term target.

Pound Sterling has wind in its sails and further gains against the Euro are possible in the coming five days.

EUR/USD started the new week with fresh momentum as the market adjusts to the raised odds of a 50 basis point interest rate cut at the Federal Reserve on Wednesday.

The setup behind the Euro to Dollar exchange rate (EUR/USD) is undeniably constructive, and there are good odds that the 2024 high will be tested either this week or next week.

We forecast Pound Sterling to trade on the soft side against the Euro this week but don't see Wednesday's UK inflation report or Thursday's Bank of England decision having a lasting negative impact. Wednesday's Federal Reserve rate cut could prove supportive from a global perspective.

The Euro's recovery against the Pound has suffered a setback, but technical analysts we follow say it is too soon to throw in the towel.

Euro-Dollar hasn't created a bearish reversal pattern to suggest that bullish trend has ended, according to a new analysis.

The Euro looks to remain under pressure against the U.S. Dollar in the near term but expect volatility around Wednesday's U.S. inflation report and Thursday's European Central Bank (ECB) decision.

Pound Sterling came under renewed pressure against the Euro ahead of the weekend amidst a global equity market selloff that underpins how important external investor sentiment is. But this week sees the domestic calendar come alive again.

For those selling euros and buying pounds, Citibank's currency trading desk has some advice, telling its clients to lock in the recent gains in EUR/GBP and "anticipates a gradual move lower."