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Market Commentary  27569
January, 2018 Data:

The 12 month forecast for the Euro is in the table at the top of this page.
Forecast-Chart.com is forecasting that the exchange rate for the Euro will be
roughly 0.76 Euros to the USD. The table shows a HDTFA of 0.07 which
suggests that the February, 2019 currency exchange rate could easily fall
between 0.84 and 0.69 EUR/USD. Links to Forecasts for fourteen other
currencies may be found by clicking Currency Exchange Forecasts at the top of
this page.

All data and calculations on this page are based on the average daily rate per
calendar month for EUR/USD.

HISTORICAL EXCHANGE RATE SUMMARY: EUR/USD
Average (Last 12 Months)         0.88
Average (Last 10 Years)           0.79
High (Last 12 Months)              0.94   (February, 2017)
Low (Last 12 Months)               0.82   (January, 2018)
High (Since February, 2000)      0.95   (December, 2016)
Low (Since February, 2000)       0.63   (July, 2008)

The Euro exchange rate for January, 2018 averaged 0.82 EUR to USD. That's
2.5 basis points lower than the December, 2017 rate of 0.84, and 12.0 basis
points lower than the January, 2017 rate of 0.94.  The fall in the EUR/USD
exchange rate from December to January provides evidence that the short term
trend in EUR/USD is down. In other words, a weakening of the US Dollar against
the Euro in the short term. If that trend continues in the currency market, we
should see an average daily rate in February, 2018 that is close to 0.79.

The average Euro conversion rate over the last 12 months was 0.88. The
average rate over the last 10 years was 0.79.  A Higher Euros to US Dollars
exchange rate over the last 12 months compared to the average rates over the
last 10 years serve as an indicator that the long term trend in EUR/USD is up
(strengthening US Dollar against the Euro).

The highest currency rate for EUR/USD over the last 12 months was 0.94. The
lowest was 0.82. The market high was attained in February, 2017. The market
low was achieved in January, 2018.

Forecast-Chart.com's historical research covers Euro data back to February,
2000. The average exchange value during that period of history was 0.78
EUR/USD. The highest rate was 0.95. The lowest was 0.63.  The market high
was attained in December, of 2016. The market low was achieved in July of
2008. Recent rates experienced in January of 2018 are similar to the historical
0.78 average.

This page provides a five year chart and a forecast for the Euro. For links to
longer term charts, look at the links under the five year chart (above). One link
opens a ten year chart. Another opens our longest term graph on the Euro.
Just one glance at our long term charts can provide tremendous insight into the
historical trends of the financial markets. The table above presents additional
historical information on the Euro. Rate data is presented on an annual basis.






















Data Source: Board of Governors of the Federal Reserve System (US), U.S. /
Euro Foreign Exchange Rate [EXUSEU], retrieved from FRED, Federal Reserve
Bank of St. Louis; https://fred.stlouisfed.org/series/EXUSEU

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Euros per 1 US Dollar are shown in gray (average daily rate per calendar month). The forecast for the
target month is shown in green. If the line in the chart is falling (left to right), the US Dollar has
weakened,
causing...
Euro to US Dollar (EUR to USD) - 5 Year History
.70
.80
.90
.60
.40
.50
Historical Euro to USD Rate
Year
EUR/USD
Year
EUR/USD
Year
EUR/USD
Year
EUR/USD
2000
2001
2002
2003
2004
1.09
1.12
1.06
0.89
0.80
2005
2006
2007
2008
2009
0.80
0.80
0.73
0.68
0.72
2010
2011
2012
2013
2014
0.75
0.72
0.78
0.75
0.75
2015
2016
2017
0.90
0.90
089
Average annual currency exchange rate for the Euro (Euro per U.S. Dollar) is shown in this
table: 2000 to present.
Forecast & Current Analysis: Euro (EUR)
1/14
1/2015
1/2016
1/2017
1/2018
1/2019
1/2020
1/21
Euro to USD Currency Exchange Rate Forecast
   
Target Month:
Forecast:
HDTFA:
February,2019
0.76
0.07
 
Forecast for the currency exchange rate of the Euro for the target
month indicated, shown in Euros per US Dollars (EUR/USD).   
See commentary below.