January 2, 2024 – Written by John Cameron
Leave a comment STORY LINK Euro to Dollar Forecast 2024: EUR/USD Retreats on January Blues
The Euro to Dollar (EUR/USD) exchange rate posted a 5-month high just below 1.1140 on December 28th before a retreat to around 1.1040 on the final trading day of 2023.
The Euro posted further sharp losses on Tuesday with EUR/USD dipping to just below the 1.1000 level.
Seasonal elements will be potentially important with the Euro tending to strengthen during December and then losing ground in January.
Overall confidence in the…
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