Currency News

Daily Exchange Rate Forecasts & Currency News

Currency Predictions

A round up of the latest currency predictions from the Currency News desk.

Pound to Dollar Weekly Forecast: Losses to 1.22 by End 2025?

23 Mar 2025 at 3 PM - Written by Tim Boyer

Foreign exchange strategists at Scotiabank forecasts Pound to Dollar (GBP/USD) exchange rate losses to 1.22 at the end of 2025. Danske Bank, however, now has a 12-month GBP/USD forecast of 1.31 from 1.23 previously. GBP/USD hit 4-month highs just above 1.30 during the week, but failed to hold the gains and retreated to 1.2900 late...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Euro Exchange Rate Forecast: "Strengthen to 1.2350" on 12-month Timeframe

23 Mar 2025 at 3 PM - Written by David Woodsmith

Foreign exchange analysts at Danske Bank forecast that the Pound to Euro (GBP/EUR) exchange rate will strengthen to 1.2350 on a 12-month view. ING, however, expects a limited GBP/EUR retreat to 1.19 by the first quarter of 2026 amid budget tightening and more-than-expected Bank of England (BoE) rate cuts. GBP/EUR secured a limited...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound Sterling Forecast vs Euro Ranges: Strong Support on Dips to 1.177

18 Mar 2025 at 8 PM - Written by James Fuller

On Tuesday, the German parliament (Bundestag) approved the constitutional change to exempt defence and security spending from the debt brake. The huge German spending commitment is in stark contrast to UK pressure to tighten policy. The Euro had priced in the approval, limiting scope for further buying, but did secure limited further...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Dollar Weekly Forecast: HSBC Revises to 1.23 by End 2025

16 Mar 2025 at 5 PM - Written by Frank Davies

Many investment banks remain unconvinced over the UK outlook, but pound to Dollar (GBP/USD) exchange rate forecasts have generally been increased amid further doubts over the dollar. One of the sceptics has been HSBC and its latest update it commented; “We continue to believe the BoE may cut by more than this and forecast GBP-USD to...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Euro Exchange Rate Forecast: Potential Peak at 1.22 in Q2 2025

16 Mar 2025 at 5 PM - Written by David Woodsmith

Foreign exchange analysts at RBC Capital Markets (RBC) expect the Pound to Euro (GBP/EUR) exchange rate will see temporary strength during the second quarter of this year with a potential peak around 1.22. It expects GBP/EUR selling on rallies with steady losses to 1.1765 by the end of 2025. The bank also forecasts further losses to...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound Falls Against Euro and Dollar as UK GDP Data Undermines Sterling

14 Mar 2025 at 1 PM - Written by Tim Boyer

Weaker-than-expected GDP data undermined Pound confidence on Friday. Equity markets were stronger on the day, but Sterling still posted net losses. The Pound to Dollar (GBP/USD) exchange rate retreated to 1.2930 from 1.2950 with the Pound to Euro (GBP/EUR) exchange rate dipping to just below 1.1900 from 1.1935. The ONS reported...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Dollar Weekly Forecast: Target Extended to 1.33-1.34 say Analysts

9 Mar 2025 at 5 PM - Written by David Woodsmith

Foreign exchange strategists at Morgan Stanley have extended their Pound to Dollar exchange rate (GBP/USD) target to $1.33. Bank of America analysts consider that the GBPUSD break higher this week is potentially very important and could pave the way for a test of 2024 highs above $1.34. It has been a week of chaotic US drama amid...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Euro Weekly Forecast: Retreat to 1.19 on Aggressive BoE Cuts

2 Mar 2025 at 9 PM - Written by David Woodsmith

Currency exchange strategists at Standard Chartered have a 12-month Pound Sterling forecast of 1.2265 amid Euro vulnerability. ING expects the GBP/EUR exchange rate will hold near current levels in the short term before a retreat to 1.19 at the end of the year as the Bank of England cuts interest rates more aggressively. GBP/EUR...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Dollar 2025 Forecast Update: 1.19-1.29 Analyst Ranges

2 Mar 2025 at 8 PM - Written by Frank Davies

Foreign exchange analysts at Wells Fargo have adjusted their forecasts slightly with reduced scope for dollar gains but still expect the Pound to Dollar exchange rate (GBP/USD) will retreat to 1.23 at the end of 2025 with further losses to 1.19 the following year amid dollar strength. After a near-term dip below 1.20, UBS still...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Euro Forecast: Two-Month Best Now, 1.2350 in Six Months

28 Feb 2025 at 8 AM - Written by Tim Boyer

The Euro has been hampered by a renewed threat on tariffs on EU goods from President Trump with the Pound to Euro (GBP/EUR) exchange rate strengthening to 2-month highs just above the 1.2100 level, but has not made a convincing break higher at this stage. Danske Bank expects that GBP/EUR will strengthen to 1.2350 on a 6-month...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Dollar Weekly Forecast: Losses to 1.22 by End 2025?

23 Mar 2025 at 3 PM - Written by Tim Boyer

Foreign exchange strategists at Scotiabank forecasts Pound to Dollar (GBP/USD) exchange rate losses to 1.22 at the end of 2025. Danske Bank, however, now has a 12-month GBP/USD forecast of 1.31 from 1.23 previously. GBP/USD hit 4-month highs just above 1.30 during the week, but failed to hold the gains and retreated to 1.2900 late...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Euro Exchange Rate Forecast: "Strengthen to 1.2350" on 12-month Timeframe

23 Mar 2025 at 3 PM - Written by David Woodsmith

Foreign exchange analysts at Danske Bank forecast that the Pound to Euro (GBP/EUR) exchange rate will strengthen to 1.2350 on a 12-month view. ING, however, expects a limited GBP/EUR retreat to 1.19 by the first quarter of 2026 amid budget tightening and more-than-expected Bank of England (BoE) rate cuts. GBP/EUR secured a limited...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound Sterling Forecast vs Euro Ranges: Strong Support on Dips to 1.177

18 Mar 2025 at 8 PM - Written by James Fuller

On Tuesday, the German parliament (Bundestag) approved the constitutional change to exempt defence and security spending from the debt brake. The huge German spending commitment is in stark contrast to UK pressure to tighten policy. The Euro had priced in the approval, limiting scope for further buying, but did secure limited further...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Dollar Weekly Forecast: HSBC Revises to 1.23 by End 2025

16 Mar 2025 at 5 PM - Written by Frank Davies

Many investment banks remain unconvinced over the UK outlook, but pound to Dollar (GBP/USD) exchange rate forecasts have generally been increased amid further doubts over the dollar. One of the sceptics has been HSBC and its latest update it commented; “We continue to believe the BoE may cut by more than this and forecast GBP-USD to...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Euro Exchange Rate Forecast: Potential Peak at 1.22 in Q2 2025

16 Mar 2025 at 5 PM - Written by David Woodsmith

Foreign exchange analysts at RBC Capital Markets (RBC) expect the Pound to Euro (GBP/EUR) exchange rate will see temporary strength during the second quarter of this year with a potential peak around 1.22. It expects GBP/EUR selling on rallies with steady losses to 1.1765 by the end of 2025. The bank also forecasts further losses to...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound Falls Against Euro and Dollar as UK GDP Data Undermines Sterling

14 Mar 2025 at 1 PM - Written by Tim Boyer

Weaker-than-expected GDP data undermined Pound confidence on Friday. Equity markets were stronger on the day, but Sterling still posted net losses. The Pound to Dollar (GBP/USD) exchange rate retreated to 1.2930 from 1.2950 with the Pound to Euro (GBP/EUR) exchange rate dipping to just below 1.1900 from 1.1935. The ONS reported...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Dollar Weekly Forecast: Target Extended to 1.33-1.34 say Analysts

9 Mar 2025 at 5 PM - Written by David Woodsmith

Foreign exchange strategists at Morgan Stanley have extended their Pound to Dollar exchange rate (GBP/USD) target to $1.33. Bank of America analysts consider that the GBPUSD break higher this week is potentially very important and could pave the way for a test of 2024 highs above $1.34. It has been a week of chaotic US drama amid...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Euro Weekly Forecast: Retreat to 1.19 on Aggressive BoE Cuts

2 Mar 2025 at 9 PM - Written by David Woodsmith

Currency exchange strategists at Standard Chartered have a 12-month Pound Sterling forecast of 1.2265 amid Euro vulnerability. ING expects the GBP/EUR exchange rate will hold near current levels in the short term before a retreat to 1.19 at the end of the year as the Bank of England cuts interest rates more aggressively. GBP/EUR...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Dollar 2025 Forecast Update: 1.19-1.29 Analyst Ranges

2 Mar 2025 at 8 PM - Written by Frank Davies

Foreign exchange analysts at Wells Fargo have adjusted their forecasts slightly with reduced scope for dollar gains but still expect the Pound to Dollar exchange rate (GBP/USD) will retreat to 1.23 at the end of 2025 with further losses to 1.19 the following year amid dollar strength. After a near-term dip below 1.20, UBS still...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Euro Forecast: Two-Month Best Now, 1.2350 in Six Months

28 Feb 2025 at 8 AM - Written by Tim Boyer

The Euro has been hampered by a renewed threat on tariffs on EU goods from President Trump with the Pound to Euro (GBP/EUR) exchange rate strengthening to 2-month highs just above the 1.2100 level, but has not made a convincing break higher at this stage. Danske Bank expects that GBP/EUR will strengthen to 1.2350 on a 6-month...

CATEGORIES: Currency Predictions Pound Euro Forecasts