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Euro to Dollar Forecast: EUR Dips to 1.1370 on USD Short-Covering

2 days ago | currencynews.co.uk | Tim Boyer |Frank Davies |Ben Hughes |David Woodsmith

June 6, 2025 - Written by Tim Boyer STORY LINK Euro to Dollar Forecast: EUR Dips to 1.1370 on USD Short-Covering The Euro to Dollar (EUR/USD) exchange posted net losses after the latest US jobs data, although the dollar still struggled for sustained support. After stalling above 1.1450, EUR/USD dipped to lows at 1.1370 before a rebound back to just above 1.1400.
Pound to Dollar Forecast: GBP Sterling Slides on US Jobs USD Relief

2 days ago | currencynews.co.uk | David Woodsmith |Tim Boyer |Frank Davies |Ben Hughes

June 6, 2025 - Written by David Woodsmith STORY LINK Pound to Dollar Forecast: GBP Sterling Slides on US Jobs USD Relief The dollar managed to secure tentative gains on Friday following the latest US jobs release. The data certainly had important weaknesses, but markets were braced for an even weaker report and the figures triggered an element of short covering.
Pound to Euro Forecast: Near-Term GBP/EUR Gains Capped Near 1.19

2 days ago | currencynews.co.uk | Frank Davies |Tim Boyer |Ben Hughes |David Woodsmith

June 6, 2025 - Written by Frank Davies STORY LINK Pound to Euro Forecast: Near-Term GBP/EUR Gains Capped Near 1.19 The Pound to Euro (GBP/EUR) exchange rate dipped after Thursday’s ECB rate cut was accompanied by hawkish rhetoric and a recovery faded quickly with the pair trading close to 1.1850 on Friday. The US jobs report could spark choppy trading later in the session.
Pound-to-Euro Rate Falls Despite Dovish ECB as EUR Bid Against Dollar

2 days ago | currencynews.co.uk | Ben Hughes |Tim Boyer |Frank Davies |David Woodsmith

June 6, 2025 - Written by Ben Hughes STORY LINK Pound-to-Euro Rate Falls Despite Dovish ECB as EUR Bid Against Dollar The Pound to Euro exchange rate (GBP/EUR) dipped on Thursday following the European Central Bank’s latest interest rate meeting. At the time of writing, the GBPEUR was trading at around €1.1842, down roughly 0.2% from Thursday’s opening levels.
Pound Sterling Climbs Against Dollar as US Labour Data Disappoints

3 days ago | currencynews.co.uk | Tim Boyer |David Woodsmith |Frank Davies |Ben Hughes

June 5, 2025 - Written by Tim Boyer STORY LINK Pound Sterling Climbs Against Dollar as US Labour Data Disappoints The Pound-to-Dollar exchange rate (GBP/USD) strengthened on Thursday as the US released its latest jobless claims. At the time of writing, GBPUSD was trading at approximately $1.3602, up roughly 0.4% from the start of Thursday’s session.
GBP/USD Forecast: Dollar Drifts, Pound Underpinned by British Services PMI

3 days ago | currencynews.co.uk | Tim Boyer |David Woodsmith |Frank Davies |Ben Hughes

June 5, 2025 - Written by Tim Boyer STORY LINK GBP/USD Forecast: Dollar Drifts, Pound Underpinned by British Services PMI The Pound to Dollar exchange rate (GBP/USD) held strong on Wednesday after the UK’s final services PMI was revised higher for May. At the time of writing, GBP/USD was trading at $1.3533, up roughly 0.2% since the beginning of the European session.
GBP/EUR Forecast: Pound Price Unmoved by UK and Eurozone Services PMI

4 days ago | currencynews.co.uk | Ben Hughes |Frank Davies |David Woodsmith |Tim Boyer

June 4, 2025 - Written by Ben Hughes STORY LINK GBP/EUR Forecast: Pound Price Unmoved by UK and Eurozone Services PMI The Pound Euro exchange rate (GBP/EUR) traded in a narrow range on Wednesday as the UK and Eurozone released their respective services PMIs. At the time of writing, the GBP/EUR was trading at around €1.1879, virtually unchanged from Wednesday’s opening levels.
Euro to Dollar FX Forecast: Tipped to "Settle Back Close to 1.13" say Analysts

4 days ago | currencynews.co.uk | David Woodsmith |Frank Davies |Ben Hughes |Tim Boyer

June 4, 2025 - Written by David Woodsmith STORY LINK Euro to Dollar FX Forecast: Tipped to "Settle Back Close to 1.13" say Analysts The Euro to Dollar exchange rate (EUR/USD) found support above 1.1350 on Wednesday and posted a solid advance to 1.1430 after weaker than expected US data. Traders will be looking for confirmation or rejection of the weaker US economy scenario from Friday’s employment report.
Pound to Dollar Forecast: GBP's Momentum is "Firmly in Bullish Territory"

4 days ago | currencynews.co.uk | Frank Davies |Ben Hughes |David Woodsmith |Tim Boyer

June 4, 2025 - Written by Frank Davies STORY LINK Pound to Dollar Forecast: GBP's Momentum is "Firmly in Bullish Territory" The Pound-to-Dollar exchange rate (GBP/USD) found support close to 1.3500 on Wednesday and was initially held in tight ranges. Weaker-than-expected US data, however, triggered renewed dollar losses with GBP/USD surging to just above 1.3550. Traders will be targeting 39-month highs close to 1.3600.
British Pound to Euro Rate Slips to 1.186 Ahead of ECB

4 days ago | currencynews.co.uk | Tim Boyer |Frank Davies |Ben Hughes |David Woodsmith

June 4, 2025 - Written by Tim Boyer STORY LINK British Pound to Euro Rate Slips to 1.186 Ahead of ECB The Pound to Euro exchange rate (GBP/EUR) has advanced further to near 1.1890, helped by a reluctance to hold long Euro positions into Thursday’s ECB policy meeting. Short-term yields favour the Pound, especially with the Bank of England not expected to cut rates this month.