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Euro Dollar Forecast Directory - Page #26

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

Euro to Dollar FX Forecast in 12 Months: 1.15 say BNP Paribas

21 Jan 2024 at 5 PM - Written by John Cameron

STORY LINK Euro to Dollar FX Forecast in 12 Months: 1.15 say BNP Paribas

Foreign exchange strategists at BNPP expect the Euro to Dollar exchange rate will strengthen to 1.15 at the end of 2024 as the dollar losses ground and the Euro is resilient in global markets. In contrast, HSBC expects that the pair will weaken to 1.05 as confidence in the Euro erodes again. The dollar was boosted during the week by...

CATEGORIES: Euro Dollar Forecasts

Commerzbank: "Our expected correction in the EUR is probably likely to take some time"

18 Jan 2024 at 7 AM - Written by Toni Johnson

STORY LINK Commerzbank: "Our expected correction in the EUR is probably likely to take some time"

US Dollar Advances Further After US Retail Sales Data, EUR/USD Exchange Rate Hits Fresh 1-Month Lows The Euro was broadly resilient ahead of Wednesday’s New York open before dipping again after the latest US retail sales data. The Euro to Dollar (EUR/USD) exchange rate retreated to fresh 1-month lows at 1.0850 and will continue to...

CATEGORIES: Euro Dollar Forecasts

Euro-Dollar "Should Pressure Upper 1.08s in the Short Run" say Scotiabank

17 Jan 2024 at 8 AM - Written by Tim Boyer

STORY LINK Euro-Dollar "Should Pressure Upper 1.08s in the Short Run" say Scotiabank

Dollar Pares Gains After Shock US Survey, EUR/USD Attempts to Recover from 1-Month Lows The dollar posted net gains into Tuesday’s open with weaker risk appetite and higher US yields. Although it remained in positive territory, there was a retreat from intra-day highs after a shock US data release. The Euro to Dollar (EUR/USD)...

CATEGORIES: Euro Dollar Forecasts

Euro US Dollar (EUR/USD) Exchange Rate Trapped in Narrow Ranges Near 1.0950

16 Jan 2024 at 8 AM - Written by John Cameron

STORY LINK Euro US Dollar (EUR/USD) Exchange Rate Trapped in Narrow Ranges Near 1.0950

The US Dollar has been trapped in narrow ranges on Monday with a firm underlying tone. The main move has been in the yen with the Dollar to Yen (USD/JPY) exchange rate surging to 145.90. As far as the Euro to Dollar (EUR/USD) exchange rate is concerned, it has settled just below 1.0950 with a slight negative bias and no challenge on...

CATEGORIES: Euro Dollar Forecasts

Euro to Dollar Week Ahead Forecast: EUR/USD Holds Above Support

14 Jan 2024 at 7 AM - Written by David Woodsmith

STORY LINK Euro to Dollar Week Ahead Forecast: EUR/USD Holds Above Support

The dollar was unable to hold gains on Thursday despite the stronger-than-expected inflation data and also lost ground on Friday despite significant geo-political developments. The Euro to Dollar (EUR/USD) exchange rate found support below 1.0950 on Friday and was held in tight ranges with slight net gains to 1.0975, but no attack on...

CATEGORIES: Euro Dollar Forecasts

Euro's "Broader Corrective Undertone is Clear on Weekly chart" say Scotiabank

11 Jan 2024 at 2 PM - Written by Tim Boyer

STORY LINK Euro's "Broader Corrective Undertone is Clear on Weekly chart" say Scotiabank

The Euro to Dollar (EUR/USD) exchange rate was again held in tight ranges during Wednesday. EUR/USD found support just above 1.0920, but secured only a brief move above the 1.0950 level. There were no significant US developments during the day with an absence of market-moving factors. According to Scotiabank; “there is little...

CATEGORIES: Euro Dollar Forecasts

Euro to Dollar Exchange Rate Drifts Lower Ahead of US Inflation Data

10 Jan 2024 at 2 PM - Written by Frank Davies

STORY LINK Euro to Dollar Exchange Rate Drifts Lower Ahead of US Inflation Data

The Euro to Dollar (EUR/USD) exchange rate was unable to make further headway on Tuesday and gradually retreated to 1.0915 around the Wall Street open. The 10-year yield moved back above 4.00% and equities retreated which limited any risk of further dollar selling and EUR/USD was in no shape to test 1.10. The US NFIB small-business...

CATEGORIES: Euro Dollar Forecasts

MUFG: Euro to Dollar Rate Tipped to Strengthen to 1.14 by End-2024

8 Jan 2024 at 7 AM - Written by Frank Davies

STORY LINK MUFG: Euro to Dollar Rate Tipped to Strengthen to 1.14 by End-2024

MUFG foreign exchange analysts forecast that the Euro to Dollar (EUR/USD) exchange rate will strengthen to 1.14 at the end of 2024. On a shorter-term view, MUFG forecasts EUR/USD at 1.08 at the end of the first quarter and other banks are also less confident that EUR/USD can advance in the short term. Scotiabank, for example, considers...

CATEGORIES: Euro Dollar Forecasts

Euro to Dollar Rate Not in a Position to Challenge 1.10

4 Jan 2024 at 5 PM - Written by James Fuller

STORY LINK Euro to Dollar Rate Not in a Position to Challenge 1.10

The dollar was unable to make any headway against European currencies ahead of Thursday’s New York open, but posted tentative net gains following stronger than expected US jobs data. Following the US data, the Euro to Dollar (EUR/USD) exchange rate retreated to 1.0940 from 1.0970, but selling was limited as equities resisted...

CATEGORIES: Euro Dollar Forecasts

Euro to Dollar Forecast 2024: EUR/USD Retreats on January Blues

2 Jan 2024 at 8 PM - Written by John Cameron

STORY LINK Euro to Dollar Forecast 2024: EUR/USD Retreats on January Blues

The Euro to Dollar (EUR/USD) exchange rate posted a 5-month high just below 1.1140 on December 28th before a retreat to around 1.1040 on the final trading day of 2023. The Euro posted further sharp losses on Tuesday with EUR/USD dipping to just below the 1.1000 level. Seasonal elements will be potentially important with the Euro...

CATEGORIES: Euro Dollar Forecasts

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