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Euro Dollar Forecast Directory - Page #28

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

Euro-Dollar Retreats, Where Next? December EUR/USD Outlook

1 Dec 2023 at 7 AM - Written by Ben Hughes

The Euro to Dollar (EUR/USD) exchange rate came under significant pressure after Thursday’s European open as further evidence of a sharp decline in Euro-Zone inflation reinforced expectations of an early cut in ECB interest rates. EUR/USD retreated to lows just below 1.0910 ahead of the New York open before stabilising. Month-end...

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Euro US Dollar Exchange Rate: Corrective Retreat after Euro-Zone Inflation Data

30 Nov 2023 at 1 PM - Written by David Woodsmith

The Euro to Dollar exchange rate (EUR/USD) was subjected to a correction after failing to hold above the 1.10 level and there was further selling after Thursday’s European open. The inflation data from France, Spain and German came in well below expectations, reinforcing expectations of weak Euro-wide data. The headline Euro-Zone...

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Euro-Dollar Unable to Hold Above 1.10, Slide in Euro-Zone Inflation Deters Further Buying

29 Nov 2023 at 5 PM - Written by James Fuller

The US Dollar (USD) was subjected to sharp selling against the Euro (EUR) on Tuesday following a more dovish speech from Federal Reserve Governor Waller. The Euro to Dollar (EUR/USD) exchange rate broke above the 1.1000 level with 3-month highs at 1.1018 before a retreat to 1.0975 on Wednesday amid weaker-than-expected Euro-Zone...

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"Big trade of this month has been long equities short dollar," says Monex Europe

29 Nov 2023 at 10 AM - Written by David Woodsmith

EUR/USD Exchange Rate Advances to Fresh 3-Month Highs, Traders Determined Test 1.10 The dollar lost ground into Tuesday’s New York open with the Euro to Dollar (GBP/USD) exchange rate advancing to fresh 3-month highs just below 1.0990 before a retreat to 1.0970. Confidence in a soft US landing remains high which has maintained...

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Euro to Dollar Outlook 2023: Range "Between 1.0780 and 1.0965" say UoB

24 Nov 2023 at 9 AM - Written by Tim Boyer

With the US Thanksgiving Holiday undermining trading volumes, the Euro / Dollar exchange rate has settled around 1.0900 with the Euro unable to make headway. The relative outlook for US and Euro-Zone growth will remain a key driver for currency markets and EUR/USD. The latest Euro-Zone data eased fears over a deep recession, but did...

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Euro to Dollar Exchange Rate Outlook: "EUR/USD to rise to around 1.12" say Commerzbank

22 Nov 2023 at 8 AM - Written by James Fuller

EUR/USD Exchange Rate Retreats from 3-Month Highs Ahead of Fed Minutes The US Dollar (USD) overall remained vulnerable during Tuesday, although it did manage to resist further heavy losses and secured a limited comeback on short covering ahead of the Fed minutes. The dollar index dipped to 11-week lows just below 102.80 before a...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Euro to Dollar Week Ahead Forecast: Three-Month Best as USD Pressured

21 Nov 2023 at 6 AM - Written by Frank Davies

The Euro to Dollar (EUR/USD) exchange rate has posted a three-month best just below 1.0950 as the dollar continued to lose ground and the Euro also received a positive surprise on the Italian credit rating. Danske Bank expects EUR/USD to test the 1.1000 level on a short-term view. According to Danske; “In the near-term, we still...

CATEGORIES: Daily Currency Updates Euro Dollar Forecasts

Euro to Dollar Outlook: "Advance to 1.1500 in 2024 Very Feasible" say MUFG

16 Nov 2023 at 12 PM - Written by James Fuller

EUR/USD Exchange Rates Retreat from 2-Month Highs, US Retail Sales Data Disappoints Dollar Bears After a slide on Tuesday, the dollar has recovered some ground with some second thoughts whether the Euphoria after the US data was justified. The US data provided no further ammunition to dollar bears and the Euro to Dollar (EUR/USD)...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Euro to Dollar Forecast: EUR "Could Gain 10%" vs USD in Two Years say Citi

15 Nov 2023 at 7 AM - Written by Ben Hughes

Eurozone data on Tuesday was slightly stronger than expected which provided some Euro protection, although the latest US inflation data had a much more substantial impact. The latest US inflation data was weaker than expected which triggered a slide in bond yields and the dollar posted sharp losses. The Euro to Dollar (EUR/USD)...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Euro to Dollar Forecast 2024: Large Swings Around 1.08, say Nordea

12 Nov 2023 at 7 PM - Written by Ben Hughes

Foreign exchange strategists at Nordea expect that the Euro to Dollar exchange rate (EUR/USD) will fluctuate with large swings around 1.08 until the middle of 2024. Commerzbank expects EUR/USD will edge lower to 106 at the end of 2023 before a recovery to 1,12 in June 2024. In a panel discussion on Thursday, Federal Reserve Chair Powell...

CATEGORIES: Euro Dollar Forecasts