FX Guys

Euro to Dollar FX Outlook: 1.05 by end of 2024 say Credit Agricole

January 28, 2024 – Written by David Woodsmith

Foreign currency experts at Credit Agricole predict that the Euro to Dollar exchange rate will weaken to 1.05 at the end of 2024.

After initial hesitation and vulnerability with the threat of 1.0715/25, ING still expects that EUR/USD will strengthen to 1.15 by the end of 2024.

EUR/USD dipped to 6-week lows just below 1.0815 during the week before a tentative recovery to 1.0865.

The outlook for Federal Reserve and…
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