April 7, 2024 – Written by David Woodsmith
STORY LINK Euro to Dollar End-2024 Forecast: 1.10 by 2025 say ABN Amro
Foreign exchange analysts at MUFG forecast that the Euro to Dollar (EUR/USD) exchange rate will strengthen to 1.12 at the end of 2024 as the Fed cuts rates.
In contrast, Credit Agricole expects a retreat to 1.05 amid Euro-Zone economic vulnerability.
The Euro to Dollar (EUR/USD) exchange rate was subjected to choppy trading during the week.
Initial gains to 6-week highs reversed sharply after weaker-than-expected data before fresh…
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