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Euro Dollar Forecast Directory - Page #27

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

Euro to Dollar Outlook: 1.15 by 2025, 1.18 by 2026

24 Dec 2023 at 9 AM - Written by David Woodsmith

Currency strategists at Rabobank expect the Euro to Dollar exchange rate will weaken to 1.05 on a 3-month view and will be held to highs of 1.12 over the next two years. BNP Paribas, however, expects EUR/USD will strengthen to 1.15 at the end of 2024 and 1.18 at the end of 2025. Euro (EUR) at Four-Month Best Against US Dollar (USD)...

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Euro to Dollar Rate Still Eyeing the 1.10 level

21 Dec 2023 at 7 AM - Written by Tim Boyer

The US Dollar (USD) posted gains against the Euro (EUR) ahead of Wednesday's New York open and again after the stronger-than-expected US consumer confidence data. The US currency, however, failed to hold the gains as markets continue to back an early interest rate cut by the Federal Reserve. The Euro to Dollar (EUR/USD) exchange...

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Euro to Dollar Outlook 2024: HSBC Now Predicts Above 1.10

20 Dec 2023 at 5 PM - Written by Frank Davies

The Euro to Dollar exchange rate (EUR/USD) has been held below 1.10, but found support below 1.0900 on Monday and advanced to 1.0935 on Tuesday with relatively narrow ranges prevailing. Federal Reserve and ECB policy decisions, as well as market pricing, will be crucial factors. Goldman Sachs expects the Fed and ECB will both be...

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Euro to Dollar Forecast 2024: Odds of 1.20 Next Year "Very Slim Indeed" says Juckes

18 Dec 2023 at 9 AM - Written by John Cameron

Where do foreign exchange analysts see the Euro (EUR) against the US Dollar (USD) next year (2024)? Commerzbank expects that the Euro to Dollar (EUR/USD) exchange rate will strengthen to 1.15 by mid 2024 before fading. Morgan Stanley, however, expects that EUR/USD will weaken back to parity in Spring 2024. EUR/USD surged to...

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Euro to Dollar Outlook: Is a move towards 1.12 on the radar asks Scotiabank

15 Dec 2023 at 12 PM - Written by Frank Davies

EUR/USD Exchange Rates Jump to 2-week Highs as ECB Rejects Talk of Lower Rates The dollar remained under pressure on Thursday and the Euro strengthened after the ECB policy decision. Given this combination, the Euro to Dollar (EUR/USD) exchange rate jumped to 2-week highs fractionally below 1.1000 before settling around...

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FED Rate Cut Tipped at 0.25% rate cut in June say Goldman Sachs

14 Dec 2023 at 2 PM - Written by Frank Davies

US Dollar Slumps on Fed Pivot Towards Rate Cuts, EUR/USD Exchange Rate Nears 1.09 Although the Federal Reserve policy decision was in line with expectations, the interest rate forecasts were more dovish than expected and Fed Chair Powell did little to push back against market pricing. Indeed, he was significantly more dovish than...

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US Dollar Recovers After US Inflation Data, EUR/USD Unable to Hold 1.08

12 Dec 2023 at 10 PM - Written by David Woodsmith

After moving higher into Tuesday’s New York open, the Euro to Dollar (EUR/USD) exchange rate briefly spiked to highs at 1.0825 in immediate reaction to the US inflation data. There was notably choppy trading after the data with EUR/USD retreating to lows at 1.0760 before trading around 1.0790 in choppy trading. Interest rate...

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Euro to Dollar Forecast: 1.04 in Next 12 Months say Danske

7 Dec 2023 at 9 AM - Written by Tim Boyer

Foreign exchange strategists at Danske Bank expect that the overall global profile will undermine the Euro while US out-performance is likely to continue. In this environment, the Euro to Dollar (EUR/USD) exchange rate is likely to grind lower next year. It is, however, wary over the potential for near-term EUR/USD gains and...

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Euro-Dollar Slides to Near 1.08 on ECB Rate-Cut Speculation and Gold Reversal

5 Dec 2023 at 8 AM - Written by Ben Hughes

Markets remain convinced that US and ECB interest rates will not be increased further, especially with evidence of weakening inflation pressures. Markets are also confident that both central banks will cut interest rates next year. After jumping in Asia, gold posted sharp losses during the day which underpinned the dollar and the...

CATEGORIES: Daily Currency Updates Euro Dollar Forecasts

Euro to Dollar Q1 2024 Forecast: Parity Call say Morgan Stanley

3 Dec 2023 at 7 PM - Written by Ben Hughes

Foreign currency strategists at Morgan Stanley expect that the Euro to Dollar (EUR/USD) exchange rate will slide to parity by the end of the first quarter of 2024. Wells Fargo expects that the dollar will lose ground in 2024 with the Euro to Dollar (EUR/USD) exchange rate at 1.11 at the end of 2024. There was choppy dollar and Euro...

CATEGORIES: Currency Predictions Euro Dollar Forecasts