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Euro to US Dollar Forecast: Updated November 2023 FX EUR Predictions
Currency analysts at Rabobank expect the rally seen in the Euro (EUR) against the US Dollar (USD) to fade quickly from here, and forecast a retreat to 1.02 on a 3-month view. MUFG expects the Euro US Dollar exchange rate to retreat to at least 1.05 by the end of 2023 before a strong rebound to 1.12 by the second quarter of 2024. Here are the latest institutional forecasts from Socgen, TD Securities, Westpac, Capital Economics, ING and the EUR/USD news for the week. After a weaker-than-expected US jobs report, EUR/USD rallied strongly to 6-week highs just above 1.0730. Markets will be watching closely whether ... (full story)