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Currencies Outlook

EUR/USD & GBP hedging perspective

Tuesday, 09 July 2024, written by Eddy Markus

Recently, EUR/USD sentiment has improved. Disappointing American growth and better-than-expected inflation data have increased optimism that the Fed will cut interest rates soon, while Christine Lagarde stated that the ECB intends to take it easy on interest rate cuts for the time being. Will this continue?

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Previous reports

Downside potential for EUR/GBP and EUR/USD

Monday, 01 July 2024

EUR/USD has mostly shown a sideways pattern over the past two years. However, we expect political developments will increasingly influence this currency pair with more volatility as a result...

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EUR/USD & GBP hedging perspective

Wednesday, 26 June 2024

The ECB seems a little more willing than the Fed to take the risk of cutting interest rates a little too early. Together with the increased turmoil surrounding the French elections and government finances, this could put EUR/USD under further downward pressure....

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Political developments are leaving their mark on the foreign exchange market

Monday, 17 June 2024

The increased popularity of populist parties in Europe and early elections in France have raised concerns about the outlook for French public finances and the stability of the Eurozone. This has weakened the euro. A further decline in the euro against the dollar seems a matter of time.
 

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Past Predictions

Readers frequently inquire about the accuracy of our predictions and whether we track them. Naturally, we don't possess a crystal ball, and the primary objective of our analyses is to present our readers with the most probable scenarios in the medium term. However, we do provide specific exchange rate predictions and in general they have been quite accurate. 

Download our forecasts for EUR/USD and EUR/GBP for the period from January to December 2023 here below. 

 

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