The euro has fallen against the US dollar for two weeks now with a broad-based US dollar recovery being underpinned by stronger-than-forecast economic data.
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Deutsche Bank have once again had to revise higher their EUR to USD forecasts but stand by their view that the euro must fall and the dollar has not yet peaked in its current cycle of appreciation.…
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No trend lasts forever, and this surely holds true for the shared currency which has been under pressure since 2008. We believe there are signs a sustained period of strength is drawing close.
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We search high and low for the latest views and predictions pertaining to the euro vs dollar exchange rate. Here are what the big name’s in currency forecasting are thinking.
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The euro could be about to suffer a notable move lower if the forecasts from a leading Swedish investment bank is correct.
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“This is a major break, as previously any moves to the 1.14 region have been quickly thwarted.” - Lloyds Bank.
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The euro to dollar exchange rate is forecast to retain current levels as the US Federal Reserve fails to pull the trigger to a US dollar recovery.
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