Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
 

USD to EUR 2024 Forecasts

Analysis of recent Dollar → Euro forecasts for 2024. We collate forecasts from respected FX analysts together with the latest US dollar to Euro performance and trends.

 

Forecasts for USD to EUR

 

Based on recent exchange rate analyst forecasts and currency market updates, the USD to EUR exchange rate has seen the US dollar (USD) gaining strength as investors reduced their expectations for Federal Reserve interest rate cuts. The positive performance of the US economy, specifically the blowout January jobs report, has delayed potential rate cuts and shifted market expectations towards a delay in rate reductions to at least June. This has contributed to the USD maintaining its momentum against the euro (EUR).

On the other hand, the EUR has faced pressure due to European Central Bank (ECB) rate cut speculations and concerns surrounding a potential Eurozone economic downturn. While there were signs of improvement in German business sentiment, the negative correlation between the euro and the US dollar, coupled with expectations of ECB rate cuts, have weighed on the EUR. Despite the cautious optimism for the EUR/USD pair in 2024, driven by potential US economic slowdown and monetary policy adjustments, uncertainties surrounding ECB rate cuts and Eurozone economic performance continue to influence the EUR's trajectory.

Moreover, with the USD to EUR exchange rate currently at 30-day highs near 0.9269 and the OIL to USD price at 90-day highs near 87.50, fluctuations in both the USD and oil prices may further impact the exchange rate dynamics between the USD and EUR in the near future. FX analysts suggest monitoring upcoming US data releases, ECB policy decisions, and Eurozone economic indicators for insights into potential shifts in the USD to EUR exchange rate.

 
@bestfxrates : USD gains strength against EUR as Fed rate cut expectations dwindle. US economy's robust performance pushes rate reductions beyond June, impacting USD/EUR dynamics. Despite EUR pressure from ECB rate cut speculations, the pair's cautious optimism remains. Watch for market shifts as USD hits 30-day high of 0.9269 and oil prices soar. #USDEUR #CurrencyUpdate #ForexMarket

Multi-Vendor Quote

We can help you get an even better deal when sending a Large International Money Transfer.

Click below for the Request Quotes form and enter your transfer details (BER account required).

Request Quotes

Save time and money - fewer websites to visit and you get a much better exchange rate & service.

Loading rates...

   
 
 

USD to EUR Market Data

US dollar (USD) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.

 
1 USD =
0.9281We compare provider deals to this wholesale mid-market rate. Read more
EUR
+0.4%
📈1M
USD to EUR is at 30-day highs near 0.9269, just 0.7% above its 3-month average of 0.9202, having traded in a very stable 3.3% range from 0.9037 to 0.9339
|
Sell USD   →   Buy EUR
My Rates

Manage My Rates   


Compare & Save - US dollar to Euro

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare US dollar (USD) to Euro (EUR) rates from different sources before making a conversion.

Use our USD to EUR calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Dollar to Euro currency rates and the possible savings of using various providers.

 
DateUSD/EURChangePeriod
14 Mar 2024
0.9189
0.9% 2 Week
29 Dec 2023
0.9045
2.5% 3 Month
29 Mar 2023
0.9223
0.5% 1 Year
30 Mar 2019
0.8911
4% 5 Year
31 Mar 2014
0.7260
27.7% 10 Year
02 Apr 2004
0.8206
13% 20 Year
USD/EUR historic rates & change to 28-Mar-2024
 

Will the US dollar rise against the Euro?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add USD/EUR to your personalised Rate Tracker to track and benefit from currency movements.

 
Track Rate
 

Manage My Rates   

 

Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


 

Read our Currency guide to the Eurozone - a practical currency and money guide to travel, living and doing business in the Eurozone with the Euro.

 
 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more