Euro to Dollar Forecast: 0.9529 in Three Months

Mensur Pocinci, Head of Technical Analysis at Julius Baer, the Swiss bank, says he is inclined to favour further downside.

The Euro fell 1.47% against the Dollar on Tuesday and is left vulnerable to further losses says analyst Fawad Razaqada of City Index.

The Euro to Dollar exchange rate crumpled back near to recent five-year lows last week and might risk remaining under pressure near to those levels in the days ahead unless the U.S. currency falters further in the wake of its Friday stumble.

Foreign exchange strategists at Nomura forecast the Euro to fall to parity against the Dollar by August.

BofA update Euro-Dollar forecasts, dee little chance of a major recovery as ECB grapples with fragmentation risks.

The Euro to Dollar exchange rate has held above the recently reclaimed 1.05 level but with the European economic outlook seemingly darkening it could now struggle to advance much beyond 1.06 without a further retreat by the U.S. Dollar, which appeared to falter in its step last week.

The Euro to Dollar exchange rate will remain under pressure until 2023 shows new research from UniCredit Bank.

The Euro to Dollar rate climbed back from the brink of five year lows last week but with domestic headwinds mounting and technical resistances looming almost immediately above the market, the Euro could struggle upon any approach of the nearby 1.06 handle in the days ahead.

The Euro to Dollar exchange rate fell heavily last week due to a toxic combination of domestic and international headwinds but could be likely to remain under pressure in the days ahead if U.S. bond yields and the Federal Reserve (Fed) policy outlook continue to sap risk appetite from global markets.

"Unless Lagarde commits to a series of 50s, EURUSD has limited room to gain" - TD Securities.

EUR/USD is likely going higher say currency strategists at Morgan Stanley who this week initiate a buy recommendation on the pair.

The Euro to Dollar exchange rate has continued an attempted climb from near five year lows but may need the European Central Bank (ECB) to outhawk an already hawkish market on Thursday in order to sustain its recovery momentum ahead of the latest U.S. inflation data.

Foreign exchange strategists at Goldman Sachs say EUR/USD will leap 1.10 over coming months.

The Euro to Dollar rate has been lifted by hawkish escalation of European Central Bank (ECB) policy chatter and favourable international tailwinds but will likely require the ongoing support of both this week if it’s to overcome technical resistance looming immediately overhead of the market.

"EUR strength is in line with recent corrective rallies in 2022".

DNB Markets says in a new currency research note that FX investors seemed to ignor the risks that the ECB is to tighten policy, leading the Euro undervalued as a result.

The Euro to Dollar rate has turned from five year lows and could now attempt to recover further if the U.S. Dollar continues a nascent consolidation and the Renminbi remains on a firmer footing, although many analysts are apprehensive about Eurozone economic figures due out in the week ahead.

Danske Bank are the latest major financial institution to predict the Euro to Dollar exchange rate will fall to parity.

EUR/USD on course for 20 year lows says JP Morgan, as conditions remain ripe for USD appreciation and ECB rate hikes to offer scant support for EUR.

The Euro to Dollar exchange rate slipped to a fresh five year low last week but could attempt a corrective rebound in the days ahead if global markets find reasons for cheer in signs that China's most stringent 'lockdown' thus far may be nearing its end.