Euro to Dollar Forecast: 1.0521 in Three Months

"Peak EUR" has passed and further losses are likely in 2022 say foreign exchange strategists at Danske Bank, who have released their top trades for 2022.

EUR/USD attempting to stabilise above 1.1290, aided by global market weakness and risk aversion.

Foreign exchange strategists at Credit Suisse are holding onto their view that the Euro will head lower against the Dollar, saying the Federal Reserve won't "bail out investor sentiment".

Federal Reserve Chair Jerome Powell sent a lighting rod through financial markets on the final day of November when he said he no longer expects inflation to be temporary.

The Euro-Dollar exchange rate ended last week with a steamrolling rally alongside the safe-haven Swiss Franc and Japanese Yen but could struggle for further traction over the coming days if global markets stabilise and as coronavirus related risks mount on the European continent.

EUR/USD pressuring support at 1.1292, 1.1248 and risks unravelling to 1.10 without a USD retreat.

The latest forecasts from Barclays suggest current lows could have been the single currency’s nadir.

The Euro to Dollar exchange rate has resumed a "broad based" bear market shows analysis from private Swiss bank and wealth manager Julius Baer.

The Euro to Dollar rate sustained its largest decline since late September last week, breaking a major technical support level while placing another near 1.1425 under pressure along the way.

EUR/USD supported at 1.1495 & may attempt rebound as USD tires in struggle with major resistance on charts.

The Euro could be on course to retest the 2021 low against the Dollar according to a noted technical analyst, although where it ends the week could depend on the outcome of the Federal Reserve's November 03 policy update.

EUR/USD buoyant but facing downside risks as rebound could fade in wake of ECB decision.

The Euro-to-Dollar exchange rate has held above 1.18 but could be at risk of slipping back to April’s lows around 1.17 over the coming days if minutes from last month’s Federal Reserve (Fed) meeting provide investors with cause to further reduce earlier bets against the greenback.

The Euro-to-Dollar rate was consolidating a recovery of its 200-day average Tuesday having declined to back off from 1.19 amid increasing signs that it has bottomed out, some of which prompted Goldman Sachs to warn that risks to the bank's bullish forecasts are now shifting to the upside.

The accepted wisdom is that Italy’s referendum on the 4th of December is a major political challenge to the integrity of the Eurozone, but do all analysts agree as some appear to be downplaying its importance.

Trump’s use of a softer Trumpxit rhetoric is likely to support the dollar going forward, with parity now in the cross hairs for some analysts.

The euro to dollar exchange rate (EUR/USD) may be nearing its zenith on account of it being overvalued.

Since the start of 2015 the euro to dollar exchange rate has been caught in a side-ways trend that has rarely exceeded 1.15 on the upside and 1.05 to the bottom.

The euro to dollar exchange rate found buying interest at the start of the week at the 20 day moving average at 1.1154.

The euro to dollar exchange rate has hit tough resistance at 1.1300 which is proving difficult to overcome.