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Oxford Economics expects the euro to stabilise against the dollar and trade near current levels over the next year after its recent sharp depreciation. It cites Trump's election, wider rate differentials and a growth gap as the main drivers, with blanket EU tariffs or energy stress as downside risks.
A stable euro-dollar rate means no major currency shift for euro zone feed buyers in the near term, though tariff risks remain a downside factor.
oedevelopment.oxfordeconomics.comSanele MjikaneDec 10, 2024After 129 past neutral macro events, Euro (USD per EUR) moved a median -0.1% over 5 sessions (45% higher; middle half -0.5% to +0.5%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
