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Euro Dollar Forecast Directory - Page #29

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

Euro to Dollar Rate: EURUSD Retreats as Fed’s Powell Maintains Hawkish Stance

10 Nov 2023 at 8 AM - Written by Ben Hughes

Hawkish Fed rhetoric pulled the Euro (EUR) lower against the US Dollar (USD) on Thursday and CIBC expects the currency pair will weaken further to 1.03 at the end of 2023. At the time of writing, the Euro to Dollar exchange rate (EUR/USD) traded at 1.06699. In a speech on Thursday, Federal Reserve Chair Powell stated that the...

CATEGORIES: Daily Currency Updates Euro Dollar Forecasts

EUR/USD Tipped to "Return Towards 1.0600/1.0650 in Coming Days"

8 Nov 2023 at 3 PM - Written by Ben Hughes

After peaking just above 1.0750 on Monday, the Euro to Dollar exchange rate (EUR/USD) has lost ground steadily and retreated to 1.0660 on Wednesday before stabilising. According to ING; “EUR/USD may continue its gradual return towards 1.0600/1.0650 in the coming days.” Hawkish Fed rhetoric and Euro-Zone recession fears have...

CATEGORIES: Euro Dollar Forecasts

Euro to Dollar Forecast: Updated November 2023 FX EUR Predictions

5 Nov 2023 at 10 AM - Written by David Woodsmith

Currency analysts at Rabobank expect the rally seen in the Euro (EUR) against the US Dollar (USD) to fade quickly from here, and forecast a retreat to 1.02 on a 3-month view. MUFG expects the Euro US Dollar exchange rate to retreat to at least 1.05 by the end of 2023 before a strong rebound to 1.12 by the second quarter of 2024....

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Euro to Dollar Rate Forecast: 1.10 by Q1 2024, say MUFG

3 Nov 2023 at 7 AM - Written by Ben Hughes

EUR/USD Exchange Rate Rally May be Premature Given US Data Flow, but 1.10 Predicted by Early 2024 MUFG forecasts that the Euro to Dollar (EUR/USD) exchange rate will weaken to 1.0450 at the end of 2023 as the US data remains firm. Nevertheless, the bank considers that Fed policy, the US economy and the dollar are all close to...

CATEGORIES: Euro Dollar Forecasts

Euro to Dollar Rate: 2024-2025 Forecast at 1.15 say BofA

1 Nov 2023 at 12 PM - Written by John Cameron

Foreign exchange analysts at Bank of America (BoA) are sticking with their end-2024/2025 Euro-Dollar forecast of 1.15 as the US economy deteriorates. At the time of writing, the Euro to US Dollar exchange rate traded at 1.0544 . It has also maintained its end-2023 forecast of 1.05, but looks at the potential risks which could...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Euro to Dollar Exchange Rate Forecast: 1.02 in Three Months, say Rabobank

31 Oct 2023 at 4 PM - Written by James Fuller

The Euro (EUR) exchange rates jumped higher on Monday, but faded sharply again on Tuesday and, according to Rabobank; “In our view, fundamental factors suggest that the EUR’s tenacity will be brief. We maintain a 3-month forecast of EUR/USD1.02.” According to foreign currency analysts at Rabobank, the US Dollar’s (USD)...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Euro to Dollar Exchange Rate Outlook: Sell at 1.0576, say HSBC Strategists

29 Oct 2023 at 9 PM - Written by James Fuller

Foreign exchange analysts at HSBC remain negative on the Euro to Dollar (EUR/USD) exchange rate and recommend selling it at 1.0576 with a target of 1.0220. Danske Bank remains negative on the Euro over the medium term with a 12-month forecast of 1.03, but sees scope for a rally to 1.0800 on a near-term view. According to HSBC;...

CATEGORIES: Euro Dollar Forecasts

Minor Post-ECB Euro to Dollar Rate Bounce Fails to Convince Investment Banks

26 Oct 2023 at 5 PM - Written by John Cameron

The US Dollar (USD) has been unable to make further headway against the Euro (EUR) after the latest round of data releases and ECB policy decision. At the time of writing, the Euro to Dollar exchange rate (EURUSD) traded at 1.05303. The overall economic dynamics will, however, continue to underpin the Dollar. According to...

CATEGORIES: Euro Forecasts Euro Dollar Forecasts