Euro Forecast

The British Pound has more fuel in its tank to drive outperformance against the Euro and Dollar over the medium term.

"Our modestly bullish EUR/USD forecast remains intact," says Fawad Razaqzada, FX analyst at City Index.

The Euro's rally against the Dollar looks to have entered a consolidation phase, and we think it can retreat further in the coming week.

Pound Sterling has risen for six months in succession against the Euro, but a recent recovery stalled at 1.19 and we could see a pullback evolve in the coming days.

The Euro has fallen against the U.S. Dollar in midweek trade, but the rally can continue a little while longer before a more concerted breakdown takes it down to parity.

The Euro to Dollar exchange rate is in an undeniable uptrend, and although it looks overbought, it will take a brave punter to bet against further gains this week. Beware any month-end volatility.

Will the Pound continue to rise against the euro and where will it end the year? According to a new analysis, Pound Sterling will continue to rise against the Euro "for the time being".

The Euro to Dollar exchange rate could be set for another boost if this week's release of Eurozone PMI's confirm economic improvements.

According to the consensus of investment bank analysts, Pound Sterling is left slightly undervalued following a recent slide.

The Euro to Dollar exchange rate's (EUR/USD) rally is likely to extend, according to a new technical analysis from Société Générale.

Friday's 1.0%-plus advance sends a strong signal; the Euro-to-Dollar exchange rate is in the mood to go higher.

The Franc will continue to weaken thanks to further rate cuts at the Swiss National Bank.

The Euro to Dollar exchange rate is forecast to remain under moderate pressure in the coming days, with eyes on Eurozone inflation numbers ahead of the Federal Reserve decision and U.S. pay numbers.

Pound Sterling is forecast to trade with a heavy tone into a potential interest rate cut on Thursday.

The Euro can recover in the coming days, according to a new analysis at the start of a week that will be dominated by U.S. politics, Eurozone PMIs and the U.S. PCE inflation index.

Pound Sterling has turned lower again following a strong run and we forecast the pullback to extend in the coming days if equity markets continue to struggle. Eurozone and UK PMIs are the week's focus.

One of Europe's biggest investment banks says France's election outcome will weigh on the single currency as it forecasts the Euro to Dollar exchange rate to trend lower over the coming months.

The Euro reached its highest level in five weeks against the Dollar last Friday, but there is a possibility of a consolidative retreat in the coming five days.

The Pound to Euro exchange rate hit a new two-year high at 1.1920 on Monday, but inflation, wage and retail sales data will determine whether this hot streak extends.

Work has already begun to improve the UK's Brexit deal with the EU as the new Labour government pursues closer ties with the EU. Analysts at Barclays say this can help shrink the Pound's 'Brexit premium'.