Euro to Dollar forecast Soc Gen

2021 will still be a year of decline for the U.S. Dollar say foreign exchange strategists at Société Générale, but a rebound in the Euro-to-Dollar exchange rate (EUR/USD) is unlikely in the first of the year.

February 19,2021

The Euro-Dollar rate has been range-trading since January's near-unravelling below the landmark 1.20 level but could break in either direction over the coming months, according to BofA Global Research and ING, whose forecasts tell a story of competing scenarios for 2021 outcomes from here. 

February 18,2021

Euro to Dollar outlook

The Euro is under pressure against the Dollar with market commentators and analysts all pointing a finger at a rise in U.S. bond yields as being the major culprit.

February 18,2021

The Euro-to-Dollar exchange rate has stabilised and is now trading a narrow range with upside risks following its January wobble, although the Euro will have to contend with a series of key data points and minutes from meetings of both the European Central Bank (ECB) and Federal Reserve (Fed) this week. 

February 14,2021

Euro to Dollar rate forecast

The Euro-to-dollar exchange rate fell below the key 1.20 level last week, before ultimately recapturing the level ahead of the weekend following the release of some less-than-stellar U.S. employment data.

February 8,2021

Dollar dominates

The EUR/USD rate has fallen below the magic market of 1.20 on Thursday, amidst a strong rally in the Dollar right across the board in a move that some are saying reflects a fundamental reality that the U.S. economy is outpacing that of the Eurozone once more.

February 4,2021

The Euro-to-Dollar rate was on course for a hat-trick of declines Wednesday as European denominations lagged other risk currencies as well as a resurgent Dollar, and even after January's blowout inflation reading, although the nearby 1.20 level offers formidable support to Europe's single currency.  

February 3,2021

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