Euro US Dollar Exchange Rate Forecast to Hit 1.10 in Six Months: Goldman Sachs

Euro US Dollar Exchange Rate Forecast to Hit 1.10 in Six Months: Goldman Sachs
April 1, 2024 – Written by Frank Davies

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Foreign exchange analysts at Danske Bank see scope for the Euro to Dollar exchange rate (EUR/USD) to strengthen to 1.10 on a 2-month view, but forecasts a fresh retreat to 1.05 on a 12-month view.

ING sees scope for near-term EUR/USD losses on hawkish Fed commentary, but forecasts significant gains to 1.14 at the end of this year.

During the week, EUR/USD dipped to 5-week lows at 1.0775…
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