2020-2025 EUR/USD Euro to US Dollar rate Long term forecast - down to 0.895
Will the euro be strong?
Can the euro be relatively stronger against the US dollar?
It will not be, because it can't be.
In the long run, the euro will fall deeper, down to around 0.895. In the medium term, the EUR/USD (euro to dollar rates) are likely to move between 1.05 and 1.155. In the short term, they are likely to move between 1.10 and 1.15.
There may be few people who would disagree that the U.S. dollar is collapsing. The falling of EURUSD rates means the euro is collapsing worse than the dollar. Many people don't seem to feel this.
[EUR/USD rates monthly chart]
Can the euro be relatively stronger against the US dollar?
It will not be, because it can't be.
In the long run, the euro will fall deeper, down to around 0.895. In the medium term, the EUR/USD (euro to dollar rates) are likely to move between 1.05 and 1.155. In the short term, they are likely to move between 1.10 and 1.15.
There may be few people who would disagree that the U.S. dollar is collapsing. The falling of EURUSD rates means the euro is collapsing worse than the dollar. Many people don't seem to feel this.
[EUR/USD rates monthly chart]