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Euro Dollar forecast - EUR USD

A round up of the latest Euro Dollar forecast news items from the Currency News desk.

LIVE EXCHANGE RATE 21:04:11 Euro Dollar Rate »
EUR/USD -0 Days Low Days High Last Daily
1.06218 -0.02% 1.06012 1.06537 1.06243

Euro US Dollar Exchange Rate Forecast to Recover to 1.10: Nomura

14 Apr 2024 at 10 AM - Written by Frank Davies

Following this week’s developments, US Dollar bears have been forced into hibernation. ING has dropped its forecast that the Euro to Dollar (EUR/USD) exchange rate will trade above 1.10 this year. MUFG added; “We see further declines ahead.” EUR/USD posted sharp loses on the week as markets reassessed the outlook for US...

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Euro to Dollar End-2024 Forecast: 1.10 by 2025 say ABN Amro

7 Apr 2024 at 8 AM - Written by David Woodsmith

Foreign exchange analysts at MUFG forecast that the Euro to Dollar (EUR/USD) exchange rate will strengthen to 1.12 at the end of 2024 as the Fed cuts rates. In contrast, Credit Agricole expects a retreat to 1.05 amid Euro-Zone economic vulnerability. The Euro to Dollar (EUR/USD) exchange rate was subjected to choppy trading during...

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Euro US Dollar Exchange Rate Forecast to Hit 1.10 in Six Months: Goldman Sachs

1 Apr 2024 at 9 PM - Written by Frank Davies

Foreign exchange analysts at Danske Bank see scope for the Euro to Dollar exchange rate (EUR/USD) to strengthen to 1.10 on a 2-month view, but forecasts a fresh retreat to 1.05 on a 12-month view. ING sees scope for near-term EUR/USD losses on hawkish Fed commentary, but forecasts significant gains to 1.14 at the end of this...

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Euro to Dollar 2026-2025 Outlook: Trend "Remains Bullish" say Scotiabank Techs

10 Mar 2024 at 2 PM - Written by Frank Davies

Foreign currency strategists at CIBC forecast the Euro to Dollar exchange rate (EUR/USD) to strengthen to 1.12 at the end of 2024 and 1.16 by 2025-2026. Danske Bank still favours selling rallies; “look for strategic selling opportunities and sell on near-term rallies as the ongoing trend of strong US macro data continues.” The...

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Euro to Dollar Week Ahead Forecast: EUR/USD Waiting for a Fresh Narrative

3 Mar 2024 at 3 PM - Written by David Woodsmith

Foreign exchange analysts at Bank of America are sticking to their forecast that the Euro to Dollar exchange rate (EUR/USD) will strengthen to 1.15 at the end of 2024. In contrast, Danske Bank is still backing dollar strength with a 12-month EUR/USD forecast of 1.04. EUR/USD was marginally stronger on the week, trading around 1.0830...

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Euro to Dollar Outlook: "Scope for more broad-based USD strength"

28 Feb 2024 at 9 PM - Written by John Cameron

The Euro to Dollar exchange rate (EUR/USD) was unable to hold above 1.0850 on Tuesday and edged lower later in the day despite weaker-than-expected US data. EUR/USD retreated further to test 1.0800 on Wednesday with markets expecting near-term inflation data to support the US currency. The dollar also gained an element of defensive...

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Euro to Dollar Forecasts Lowered at Commerzbank, Now Target 1.10 by End 2024

25 Feb 2024 at 10 AM - Written by David Woodsmith

Commerzbank has modestly lowered its EUR/USD forecasts due to a reassessment of US monetary policy, now anticipating fewer rate cuts than previously expected and the market currently prices in. “We now expect the EUR/USD exchange rate to be around 1.1000 at the end of 2024 (previously: 1.1200) and around 1.0800 at the end of 2025...

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Euro Outlook: "Dollar Bid Next Couple of Weeks, Then Turning Lower in March"

23 Feb 2024 at 7 AM - Written by David Woodsmith

The Euro (EUR) spiked higher after the French PMI business confidence data beat expectations with the Euro to Dollar exchange rate jumping to 20-day highs just below 1.0890. The subsequent data was less convincing with particular concern over the German manufacturing sector. Evidence of stronger inflation in the data also curbed...

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Euro to Dollar: "Squeeze Higher Towards 1.09 may Develop" say Scotiabank

20 Feb 2024 at 9 PM - Written by Frank Davies

The Euro to Dollar (EUR/USD) exchange rate edged just above the 1.08 level after the latest Euro-Zone wages data and advanced to 2-week highs around 1.0820 as narrow ranges again prevailed. Low volatility and solid equity markets have combined to curb potential dollar demand with markets waiting for the next major data...

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Euro to Dollar Week Ahead Outlook: New Ranges 1.05-1.15 by End 2024

18 Feb 2024 at 9 AM - Written by John Cameron

BNP Paribas currency analysts expect the Euro to Dollar exchange rate (EUR/USD) to strengthen to 1.15 at the end of 2024. Barclays, however, sees downside EUR/USD risks to their Q1 forecast of 1.05. The major US data releases were mixed during the week with a stronger than expected readings for consumer and producer prices while...

CATEGORIES: Euro Dollar Forecasts