June 23, 2024 – Written by David Woodsmith
STORY LINK Euro to Dollar Week Ahead Forecast: 1.04-1.09 Ranges Over Next Three Months
Nordea forecasts that the Euro to Dollar (EUR/USD) exchange rate will weaken to 1.04 on a 3-month view as the Federal Reserve rules out near-term interest rates.
After little immediate change amid political risks, ING expects limited net gains to 1.09 on a 3-month view.
EUR/USD attempted to rally at times during the week, but dipped back below 1.07 after weaker-than-expected Euro-Zone…
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