Dollar Outflows Liable to Accelerate, End-2025 EUR/USD Forecast 1.20

  • The Euro to Dollar exchange rate (EUR/USD) has hit 45-month highs around 1.1740 this week before consolidating above 1.1700. Nordea expects further dollar selling over the next few months and the bank has raised its end-2025 EUR/USD forecast sharply to 1.20 from 1.14 previously.