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The euro has tumbled 17% against the dollar since May 2014. An end to quantitative easing in the US, the start of QE by the ECB, and heightened sovereign debt risk in Greece have been key drivers of the euro slide against the dollar. The euro has found support at 1.05 dollars per euro, however, upside is limited.
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This report includes 2 file(s)
Euro exchange rate outlook Q2 2015 PDF - 369.84 KB 4 Pages, 1 Tables, 6 Figures
This Exchange Rate Outlook presents Wood Mackenzie's annual bilateral exchange rate forecast to 2035.
Our comprehensive understanding of commodity markets gives us a unique insight into the outlook for commodity currencies.
We forecast bilateral exchange rates by assessing fundamental drivers, including interest rate differentials, relative economic growth rates, productivity of the tradable goods sector, and the current account balance.
Wood Mackenzie's macroeconomic forecasts underpin all our commodity demand analysis, ensuring we continually deliver an integrated and consistent view.
Wood Mackenzie's clients include every major player in the global energy, metals and mining industries. We are recognised as a leading authority by international and national energy, metals and mining companies, leading financial institutions, governments and government agencies. We work with a range of diverse teams within our clients, from strategy and policy makers, business developers and market analysts, through to corporate finance, risk teams and investors.
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Commodity market report | May 2015
Euro exchange rate outlook Q2 2015
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