Currency News

Daily Exchange Rate Forecasts & Currency News

Euro Dollar forecast - EUR USD

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

LIVE EXCHANGE RATE 06:38:15 Euro Dollar Rate »
EUR/USD -0 Days Low Days High Last Daily
1.05456 -0% 1.05424 1.0555 1.05458

Euro to Dollar Exchange Rate Tests 1.05

17 Nov 2024 at 2 PM - Written by David Woodsmith

Instead of confirming a December cut was likely, Powell has introduced uncertainty. The odds of a cut are now around 50/50. The dollar made new 2024 highs on Thursday and pushed EURUSD down to 1.05. The post-election rally had already started to fade by the time Fed Chair Powell spoke on Thursday. Stock markets peaked on...

CATEGORIES: Euro Dollar Forecasts

Euro to Dollar Outlook Scenarios: French Election 2024

30 Jun 2024 at 2 PM - Written by David Woodsmith

The Euro to Dollar exchange rate (EUR/USD) touched seven-week lows at 1.0660 during the week before creeping back above 1.07. The near-term focus will be on the French parliamentary elections with opinion polls suggesting that President Macron’s centrist party is running behind the right-wing National Rally (RN) and left-wing...

CATEGORIES: Euro Dollar Forecasts

Euro to Dollar Forecast for Week Ahead: Euro-Zone Political Fears Return

16 Jun 2024 at 10 AM - Written by Tim Boyer

Foreign exchange analysts at MUFG sees the risk of the Euro to Dollar exchange rate (EUR/USD) sliding to 1.05 amid Euro-Zone political concerns. Scotiabank considers that EUR/USD will struggle in the short term before gains to 1.15 at the end of 2025. During the week, the Euro came under pressure after the European elections as...

CATEGORIES: Euro Dollar Forecasts

EUR/USD Forecast, News: US Data Derails the Euro Exchange Rates

9 Jun 2024 at 1 PM - Written by Frank Davies

MUFG forecasts that the Euro to Dollar (EUR/USD) exchange rate will strengthen to 1.12 by March 2025. Barclays, however, is still expecting a retreat to the 1.05-1.06 area this year. EUR/USD was resilient after the ECB rate cut, but posted sharp losses after stronger than expected US employment data with a slide to near 1.08 from...

CATEGORIES: Euro Dollar Forecasts

Euro to US Dollar Outlook: 1.12 by 2025 say BofA

2 Jun 2024 at 5 PM - Written by Frank Davies

Bank of America expects that the Euro to Dollar (EUR/USD) exchange rate will strengthen to 1.12 at the end of 2024 as the dollar gradually loses ground. Credit Agricole, however, expects a retreat to 1.05. Inflation data dominated a relatively quiet week for major currency pairs. EUR/USD found support just below 1.08 during the...

CATEGORIES: Euro Dollar Forecasts

Euro to US Dollar Outlook: Retreat to 1.06 say Wells Fargo

26 May 2024 at 2 PM - Written by David Woodsmith

Standard Chartered expects the Euro to Dollar exchange rate (EUR/USD) will weaken to 1.05 and will remain at this level on a 12-month view. Wells Fargo expects a retreat to 1.06 at the end of the third quarter before a recovery to 1.10 by the second quarter of 2025. EUR/USD was unable to challenge 1.09 during the week and retreated...

CATEGORIES: Euro Dollar Forecasts

Euro to US Dollar Outlook: Divergence Remains a Key Theme

19 May 2024 at 1 PM - Written by David Woodsmith

Nordea forecasts that the Euro to Dollar exchange rate (EUR/USD) will weaken to 1.04 on a 3-month view with downside risks before a late-year recovery. ING expects that EUR/USD will resist losses and trade at 1.10 at the end of 2024. EUR/USD secured a net advance during the week and hit 5-week highs just below 1.09 during the week...

CATEGORIES: Euro Dollar Forecasts

Euro to Dollar Outlook: Divergence "may add Downward Pressure over Short-term" say MUFG

6 May 2024 at 7 AM - Written by David Woodsmith

Currency exchange strategists at CIBC expect the Euro to Dollar exchange rate (EUR/USD) will weaken to 1.05 before a recovery to 1.07 at the end of 2024. MUFG expects net EUR/USD gains to 1.12 after any initial vulnerability. EUR/USD found support close to 1.0650 during the week and rallied to 1.0770 after weaker-than-expected US...

CATEGORIES: Euro Dollar Forecasts

Euro to Dollar Exchange Rate Forecast Lowered to 1.05 at Goldman Sachs

28 Apr 2024 at 1 PM - Written by Frank Davies

Goldman Sachs has lowered its 6-month Euro to Dollar (EUR/USD) exchange rate forecast to 1.05 from 1.10 previously. Other investment banks expect a firm dollar, but consider that a EUR/USD slide to parity is less likely due to evidence of a recovery in the Euro-Zone economy. Although EUR/USD edged higher during the week it failed to...

CATEGORIES: Euro Dollar Forecasts

Euro to Dollar Parity Forecasts: "Bearish Outlook from Here" say Credit Agricole

21 Apr 2024 at 9 AM - Written by Frank Davies

Foreign exchange analysts at ING no longer expect the Euro to Dollar (EUR/USD) exchange rate to trade above 1.10 this year. Barclays expects a 1.05-1.06 range over the next few months. Credit Agricole considers that some negatives are in the price of EUR/USD, but added; “we maintain our bearish outlook from here and now see a...

CATEGORIES: Euro Dollar Forecasts