March 3, 2024 – Written by David Woodsmith
STORY LINK Euro to Dollar Week Ahead Forecast: EUR/USD Waiting for a Fresh Narrative
Foreign exchange analysts at Bank of America are sticking to their forecast that the Euro to Dollar exchange rate (EUR/USD) will strengthen to 1.15 at the end of 2024.
In contrast, Danske Bank is still backing dollar strength with a 12-month EUR/USD forecast of 1.04.
EUR/USD was marginally stronger on the week, trading around 1.0830 in very narrow ranges.
Concerns over inflation have continued…
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