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 13:27:00 Euro Dollar Rate »
EUR/USD +0 Days Low Days High Last Daily
1.04285 +0% 1.04285 1.04285 1.04285

EUR to USD Exchange Rate Drops to 1.035 as EU PMIs Miss

22 Nov 2024 at 2 PM - Written by Tim Boyer

STORY LINK EUR to USD Exchange Rate Drops to 1.035 as EU PMIs Miss

PMIs in the EU dropped further, with Services joining Manufacturing in contraction territory. The euro dropped sharply. EURUSD was down –1.35% and tested 1.035. One hope for the euro is that PMIs are not yet reflected in hard data such as GDP. The US dollar has had a remarkable run since late September when it was hovering...

CATEGORIES: Euro Dollar Forecasts

Euro to Dollar Exchange Rate Tests 1.05

17 Nov 2024 at 2 PM - Written by David Woodsmith

STORY LINK Euro to Dollar Exchange Rate Tests 1.05

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

STORY LINK Euro to Dollar Outlook Scenarios: French Election 2024

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

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

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

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

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

STORY LINK Euro to US Dollar Outlook: 1.12 by 2025 say BofA

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

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

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

STORY LINK Euro to US Dollar Outlook: Divergence Remains a Key Theme

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

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

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

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

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

Daily Market Updates

Major Currency Forecasts

Currency Pairs

Popular Currency Tags

Currency News Info

Currency Rates Today