USD to EUR Forecast: US Dollar vs Euro 2024, 2025-2030 | CoinCodex (2024)

FAQs

What is the forecast for USD EUR 2025? ›

According to Long Forecast, in 2025, the EURUSD pair will trade in approximately the same ranges as in 2024. The high is expected at 1.1290 and the low at 1.0490. Experts believe the euro exchange rate has reached an equilibrium price near the current levels for several years.

EUR/USD Daily Outlook

While retreat from 1.1200 might extend lower, rally from 1.0665 is in favor to continue as long as 1.0947 resistance turned support holds. Above 1.1104 minor resistance will bring retest of 1.1200 first. Break there will target 1.1274 high next.

The Euro US Dollar Exchange Rate - EUR/USD is expected to trade at 1.10 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1.09 in 12 months time.

Long Forecast

As of the beginning of Q3, the service's EUR/USD forecast for 2024 expected the pair to close the year at 1.06 with a 1.08 high. Long Forecast's EUR/USD price prediction for 2025 had the pair potentially reaching a maximum price of 1.09.

For 2024, WalletInvestor analysts predict a price range of 89 – 90 INR, with a gradual appreciation of the euro against the rupee. The average year-end forecast is 91-92 INR. In 2025, LongForecast expects the EUR/INR rate to reach 93–94 INR, with further euro strengthening anticipated.

We predict only mild strength in the USD in early 2024 because we expect a mild US recession and only a modest increase in volatility and credit spreads, and mild weakness in equity markets. Notwithstanding some expected USD strength in early 2024, the next major move in the USD will be down in our view.

Euro to US Dollar Exchange Rate (I:EURUSD)

Euro to US Dollar Exchange Rate is at a current level of 1.104, down from 1.110 the previous market day and up from 1.070 one year ago. This is a change of -0.54% from the previous market day and 3.17% from one year ago.

Will the euro eventually surpass the dollar? ›

We also assume that the dollar continues in the future to depreciate at the trend rate that it has shown on average over the last 20 years. The conclusion is that the euro may surpass the dollar as leading international reserve currency as early as 2025.

The US is the world's leading economic, financial and military power all at the same time, so it will be extremely difficult to displace its currency from its dominant position, given that the EA is less important financially, economically and militarily than the US.

EUR/USD is predicted to reach 1.05 in June 2024 and September 2024, 1.09 in December 2024 and 1.12 in March 2025.

The rise in the dollar price of the Euro means a fall in the euro price of dollars because the appreciation of one currency will depreciate another currency and vice-versa.

Foreign exchange analysts at BNP Paribas expect that the Pound to Euro (GBP/EUR) exchange rate will strengthen to 1.2050 at the end of 2024. In contrast, after initial stability, ING expects a slide to 1.1365 on a 12-month view.

EUR/USD is predicted to reach 1.05 in June 2024 and September 2024, 1.09 in December 2024 and 1.12 in March 2025. USD/JPY is expected to hit 155 in June 2024, 154 in September 2024, 153 in December 2024 and 152 in March 2025.

EUR/USD Technical Overview

On the upside, 1.1160 (static level) aligns as immediate resistance ahead of 1.1200 (end-point of the latest uptrend) and 1.1250 (static level from July 2023).

EUR/USD Technical Forecast

The EUR/USD is trading at $1.10775, up 0.11%, but facing resistance near $1.10910, a crucial pivot point. If the pair breaks above this level, we could see more bullish momentum toward the next resistance at $1.11201 and beyond.