Euro Forecast

The ECB should hike interest rates by a massive 75 basis points on Thursday, but such a surge in Eurozone lending rates will unlikely boost the Euro according to new analysis.

Capital Economics release dire predictions: this will be GBP's biggest crisis to date.

Strategists at investment bank Nomura have raised their conviction on a bet the Euro to Dollar exchange rate (EUR/USD) is on course for a few 'big figure' moves below parity.

The Pound to Euro exchange rate unravelled to one month lows in turbulent trading for Sterling last week but had recovered its footing near an important layer of support on the charts ahead of the weekend and could now attempt to establish a firmer foothoold above roughly the 1.1757 level in the days ahead.

The Dollar rally will continue and ensure the Euro stays under pressure, according to new research from Swedbank.

The Pound to Euro exchange rate has hugged its short, medium and long-term averages in recent trade and although this could continue in the days ahead, there is uncertainty over how it would respond to any up or down surprises in July’s inflation numbers due from the UK on Wednesday.

The Euro to Dollar exchange rate's (EUR/USD) recent rally will soon run out of steam and a retreat towards parity is again likely.

The Euro is set to test key levels against the U.S. Dollar as its recovery from levels below parity extends, say analysts.

GBP/EUR has been under pressure for a number of days now and analysts tell us the near-term picture should see further downside, although a more protracted decline still remains unlikely.

EUR/USD is forecast to retreat back below the 1.0 level over coming weeks by analysts at Rabobank, the Dutch based international lender and investment bank.

Significant hike to GBP/EUR forecasts at Goldman Sachs, as EUR set to be weighed by energy crunch.

Goldman Sachs have cut their forecasts for the Euro relative to the Dollar.

The Pound to Euro exchange rate rallied further to reach three month highs last week with the aid of a handicapped single currency but could struggle to advance further in the days ahead owing to uncertainty about the outcome of Thursday’s Bank of England (BoE) interest rate decision.

Wells Fargo confirms the Dollar will remain dominant over coming weeks, but strength should wane from the first quarter of 2023.

The Euro to Dollar exchange rate will unlikely to make another test of July lows below parity this week says UniCredit.

Danske Bank updates its EUR/USD forecasts and confirm the pair is destined to make a definitive move below parity.

The Euro to Dollar exchange rate this week touched parity but it has further to fall say analysts at one of the world's largest investment banks.

The probability of the Euro falling to parity against the Dollar have risen says ING, and when it happens the foreign exchange market will likely witness fireworks.

Mensur Pocinci, Head of Technical Analysis at Julius Baer, the Swiss bank, says he is inclined to favour further downside.

The Euro fell 1.47% against the Dollar on Tuesday and is left vulnerable to further losses says analyst Fawad Razaqada of City Index.