The Euro has been recovering against the USD since February 20th as investors partially moved away from the USD amid increasing expectations the Fed will cut rates to offset the impact of the coronavirus outbreak, as the virus spreads rapidly outside China. Earlier in February, the Euro traded around $1.08, the lowest since April of 2017, amid concerns regarding the Euro Area economic outlook. Euro Exchange Rate - EUR/USD - Netherlands - data, forecasts, historical chart - was last updated on February of 2020.
Historically, the Euro Exchange Rate - EUR/USD - Netherlands reached an all time high of 1.87 in July of 1973.
The Euro Exchange Rate - EUR/USD - Netherlands is expected to trade at 1.09 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1.08 in 12 months time.