Currency News

Daily Exchange Rate Forecasts & Currency News

Euro Dollar Forecast Directory - Page #23

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

Euro to Dollar (EUR/USD) Exchange Rate Forecast 2025: Parity Run Expected

31 Dec 2024 at 2 PM - Written by Frank Davies

The US Dollar has seen sustained buying pressure since the November US elections and Trump’s victory. The Euro-to-USD exchange rate (EUR/USD) dipped to two-year lows just below 1.0350 before stabilising. The consensus is that Trump’s policies will put further upward pressure on the dollar. Danske Bank expects EUR/USD will...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

EUR to USD Exchange Rate Drops to 1.035 as EU PMIs Miss

22 Nov 2024 at 2 PM - Written by Tim Boyer

PMIs in the EU dropped further, with Services joining Manufacturing in contraction territory. The euro dropped sharply. EURUSD was down –1.35% and tested 1.035. One hope for the euro is that PMIs are not yet reflected in hard data such as GDP. The US dollar has had a remarkable run since late September when it was hovering...

CATEGORIES: Euro Dollar Forecasts

Euro to Dollar Exchange Rate Tests 1.05

17 Nov 2024 at 2 PM - Written by David Woodsmith

Instead of confirming a December cut was likely, Powell has introduced uncertainty. The odds of a cut are now around 50/50. The dollar made new 2024 highs on Thursday and pushed EURUSD down to 1.05. The post-election rally had already started to fade by the time Fed Chair Powell spoke on Thursday. Stock markets peaked on...

CATEGORIES: Euro Dollar Forecasts

Euro to Dollar Outlook Scenarios: French Election 2024

30 Jun 2024 at 2 PM - Written by David Woodsmith

The Euro to Dollar exchange rate (EUR/USD) touched seven-week lows at 1.0660 during the week before creeping back above 1.07. The near-term focus will be on the French parliamentary elections with opinion polls suggesting that President Macron’s centrist party is running behind the right-wing National Rally (RN) and left-wing...

CATEGORIES: Euro Dollar Forecasts

Euro to Dollar Forecast for Week Ahead: Euro-Zone Political Fears Return

16 Jun 2024 at 10 AM - Written by Tim Boyer

Foreign exchange analysts at MUFG sees the risk of the Euro to Dollar exchange rate (EUR/USD) sliding to 1.05 amid Euro-Zone political concerns. Scotiabank considers that EUR/USD will struggle in the short term before gains to 1.15 at the end of 2025. During the week, the Euro came under pressure after the European elections as...

CATEGORIES: Euro Dollar Forecasts

EUR/USD Forecast, News: US Data Derails the Euro Exchange Rates

9 Jun 2024 at 1 PM - Written by Frank Davies

MUFG forecasts that the Euro to Dollar (EUR/USD) exchange rate will strengthen to 1.12 by March 2025. Barclays, however, is still expecting a retreat to the 1.05-1.06 area this year. EUR/USD was resilient after the ECB rate cut, but posted sharp losses after stronger than expected US employment data with a slide to near 1.08 from...

CATEGORIES: Euro Dollar Forecasts

Euro to US Dollar Outlook: 1.12 by 2025 say BofA

2 Jun 2024 at 5 PM - Written by Frank Davies

Bank of America expects that the Euro to Dollar (EUR/USD) exchange rate will strengthen to 1.12 at the end of 2024 as the dollar gradually loses ground. Credit Agricole, however, expects a retreat to 1.05. Inflation data dominated a relatively quiet week for major currency pairs. EUR/USD found support just below 1.08 during the...

CATEGORIES: Euro Dollar Forecasts

Euro to US Dollar Outlook: Retreat to 1.06 say Wells Fargo

26 May 2024 at 2 PM - Written by David Woodsmith

Standard Chartered expects the Euro to Dollar exchange rate (EUR/USD) will weaken to 1.05 and will remain at this level on a 12-month view. Wells Fargo expects a retreat to 1.06 at the end of the third quarter before a recovery to 1.10 by the second quarter of 2025. EUR/USD was unable to challenge 1.09 during the week and retreated...

CATEGORIES: Euro Dollar Forecasts

Euro to US Dollar Outlook: Divergence Remains a Key Theme

19 May 2024 at 1 PM - Written by David Woodsmith

Nordea forecasts that the Euro to Dollar exchange rate (EUR/USD) will weaken to 1.04 on a 3-month view with downside risks before a late-year recovery. ING expects that EUR/USD will resist losses and trade at 1.10 at the end of 2024. EUR/USD secured a net advance during the week and hit 5-week highs just below 1.09 during the week...

CATEGORIES: Euro Dollar Forecasts

Euro to Dollar Outlook: Divergence "may add Downward Pressure over Short-term" say MUFG

6 May 2024 at 7 AM - Written by David Woodsmith

Currency exchange strategists at CIBC expect the Euro to Dollar exchange rate (EUR/USD) will weaken to 1.05 before a recovery to 1.07 at the end of 2024. MUFG expects net EUR/USD gains to 1.12 after any initial vulnerability. EUR/USD found support close to 1.0650 during the week and rallied to 1.0770 after weaker-than-expected US...

CATEGORIES: Euro Dollar Forecasts