# Three-Month Euro To Dollar Forecast: "On A 3M Horizon, We See EUR/USD Trapped In A Range Around 1.13" Say Danske

> Danske Bank analysts forecast EUR/USD trading in a range around 1.13 over a three-month horizon, with downside risks. Nordea also expects limited upside for the euro given dovish stances at both the Fed and the ECB.

- Date: 2019-03-27 · published 2019-03-27T12:00:00.000Z
- Category: market · region Euro Area · magnitude low
- Page: https://feedsoft.ai/events/60313-three-month-euro-to-dollar-forecast-and-quot-on-a-3m-horizon-we-see-eur-usd
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A range-bound euro with downside risk points to a stable-to-weaker dollar cost base for euro-area feed purchases.

## Read by commodity

- EURUSD: neutral

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/25183/eurodollar-forecast-dovish-fed-ecb-limit-upside-potential-euro-dollar-exchange-rate-says-nordea.html

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.