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Euro Dollar Forecast Directory - Page #25

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

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...

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Euro to Dollar 2024 Forecast: "A more constructive EUR trend should develop into Q2/Q3"

14 Feb 2024 at 8 AM - Written by Tim Boyer

Dollar Surges to 3-Month Highs on Stronger Than Expected US Inflation Data, EUR/USD Exchange Rate Slides to Test 1.0700 Market expectations surrounding US interest rate cuts have faded throughout the past few weeks and the latest US inflation data triggered another sharp dip in expectations. The currency index overall hit 3-month...

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Euro to Dollar Forecast 2024: Retreat to 1.05, Rebound to 1.15 by 2025?

11 Feb 2024 at 12 PM - Written by Frank Davies

Currency analysts at SocGen sees a risk that the Euro to Dollar exchange rate (EUR/USD) will slide to 1.05 if expectations of US Federal Reserve rate cuts are scaled back further. NatWest also sees the risk of a near-term retreat to 1.05, but forecasts a rebound to 1.15 by year-end as the Fed does cut interest rates. EUR/USD hit...

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Euro to Dollar FX Forecasts: 1.07 in One Month, 1.05 in Three

5 Feb 2024 at 8 PM - Written by Tim Boyer

US Dollar Extends Gains after US Prices Data, EUR/USD Exchange Rates Slide to 11-Week Lows The US data on Monday was again stronger than expected and, although there were still concerns that official data was overstating US strength, there was still further US gains, especially with European currencies again generally out of...

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Euro to Dollar in 2024: Danske Bank Predicts 1.05 in Twelve Months

4 Feb 2024 at 12 PM - Written by David Woodsmith

Foreign currency experts at Danske Bank expect that the Euro to Dollar exchange rate to weaken towards 1.05 on a 12-month view. In contrast, MUFG expects EUR/USD will strengthen to 1.14 at the end of 2024. Dollar bears suffered a double setback during the week. Federal Reserve Chair Powell cast major doubts on the potential for an...

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Euro to Dollar Forecast Next Few Weeks: 1.0650-1.1000 say Westpac Analysts

2 Feb 2024 at 10 AM - Written by Frank Davies

EUR/USD Exchange Rate Slides to 7-Week Lows as Fed’s Powell Says March Rate Cut is Unlikely The dollar dipped at times following Wednesday’s Federal Reserve policy decision, but Chair Powell’s comments that a March rate cut was unlikely proved decisive and the dollar posted significant net gains. Risk appetite was also less...

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Euro to Dollar FX Outlook: 1.05 by end of 2024 say Credit Agricole

28 Jan 2024 at 3 PM - Written by David Woodsmith

Foreign currency experts at Credit Agricole predict that the Euro to Dollar exchange rate will weaken to 1.05 at the end of 2024. After initial hesitation and vulnerability with the threat of 1.0715/25, ING still expects that EUR/USD will strengthen to 1.15 by the end of 2024. EUR/USD dipped to 6-week lows just below 1.0815 during...

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Euro to Dollar Rate Rallies from 6-Week Lows on Global Rate-Cut Bets

27 Jan 2024 at 8 AM - Written by David Woodsmith

The choppy trend in currency markets continued in European trading on Friday with the Euro recovering from fresh 6-week lows to trade higher on the day. Stronger equities and hopes for concerted interest rate cuts this year helped support the Euro in global markets with the dollar unable to capitalise on evidence of firm US...

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Euro to Dollar FX Forecast: "Prone to a retest of the low/mid 1.08s" say Scotiabank

26 Jan 2024 at 1 PM - Written by John Cameron

ECB Lagarde Fails to Deliver Hawkish Rhetoric, EUR/USD Exchange Rate Retreats to near 1.0850 US data releases were mixed on Thursday while markets priced in slightly more interest rate cuts by the end of 2024 following the latest ECB policy decision and press conference. In this environment, the Euro drifted lower with the Euro to...

CATEGORIES: Euro Dollar Forecasts