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For over a decade BestExchangeRates.com has been a trusted voice in foreign exchange in Germany and globally.
BestExchangeRates compares exchange rates from popular banks and currency specialists to help you avoid hidden and excessive margins and fees when you send and spend abroad.
We help our users save money by making these fees and exchange rates transparent and easier to compare. With our foreign transfer and currency exchange tools, you can quickly find the cheapest and most convenient way to convert your money.
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To offer an up-to-date and comprehensive outlook on currency trends, BestExchangeRates.com tracks and compiles data from a range of reputable FX analysts for our users tracking popular euro exchange rates. The reports and data we review covers various aspects of the foreign exchange market, such as economic indicators, geopolitical events, central bank policies, and technical analysis.
Here are some euro forecasts popular with our users in Germany:
FX analysts are forecasting that the US dollar will continue to outperform the euro in March. The US dollar strengthened in February after robust US labor market data and expectations of more interest rate hikes by the US Federal Reserve. On the other hand, the euro lost ground after the ECB held interest rates steady and issued slightly dovish remarks. Additionally, global GDP growth has been sluggish, and inflation pressures have remained elevated, which will continue to be the main drivers of investor risk sentiment and FX markets. Therefore, based on recent FX analyst forecasts, it is likely that the USD will outperform the euro in March, with key support points for EUR/USD at 1.11 and 1.15.
More analysis: Compare USD/EUR rates
Based on recent FX analyst forecasts, the Indian rupee has steadily weakened against the US dollar, amidst fears of surging energy prices that could spur inflation and interest rate hikes. This could potentially weaken the exchange rate between the Euro and the Indian rupee as well. The EURINR exchange rate has fluctuated within a 3.9% range of 86.44 to 89.81 over the past 3 months, with the current rate standing just above its 3-month average of 88.15.
More analysis: Compare EUR/INR rates
Here are our latest updated forecasts and currency outlooks:
Sending money abroad can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers can be very expensive – often 5% to 6% worse than using a foreign exchange specialist to send money abroad or pay a foreign invoice.
Most Compared Money Transfers on BER
We show you how to save by ordering foreign cash online or compare rates on multi-currency travel cards for better currency exchange rates, convenience and security for your next trip or overseas online purchase.
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