FX Guys

Euro to Dollar Parity Forecasts: "Bearish Outlook from Here" say Credit Agricole

April 21, 2024 – Written by Frank Davies

Foreign exchange analysts at ING no longer expect the Euro to Dollar (EUR/USD) exchange rate to trade above 1.10 this year.

Barclays expects a 1.05-1.06 range over the next few months.

Credit Agricole considers that some negatives are in the price of EUR/USD, but added; “we maintain our bearish outlook from here and now see a greater risk of the pair testing parity…
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