FX Guys

Euro to Dollar Forecast: EUR/USD Consolidates as Two Major Drivers Conclude

March 19, 2025 – Written by Tim Boyer

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EURUSD has rallied 5% to 1.09 in March. This was partly driven by US dollar weakness, but the primary driver was fiscal spending packages in the EU. Germany has now agreed its massive spending plan.

Ukraine/Russia negotiations have advanced but are being stalled by Russian demands.

The first of this week’s five central bank meetings took place on Wednesday in Japan with the…
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