Foreign exchange: 43 per cent of traders expect the euro/dollar rate to remain stable in the coming months (Assiom Forex)
16 per cent expect the single currency to weaken further
(Il Sole 24 Ore Radiocor) - The euro/dollar exchange rate is expected to remain stable between now and next spring, following a month of weakness for the single currency. This is the finding of Assiom Forex’s September survey, conducted amongst its members in collaboration with Il Sole 24 Ore Radiocor.
“In September, the euro weakened significantly against the dollar, slipping back to May 2025 levels: from 1.162 at the end of August, it closed the period at 1.134,” notes Massimo Mocio, chairman of Assiom Forex. Between now and March, 43 per cent of respondents expect the euro-dollar exchange rate to remain stable, compared with 58 per cent in the previous survey. A strengthening of the euro is anticipated by 41 per cent of traders (35 per cent in August), whilst 16 per cent (up from 7 per cent previously) expect it to weaken further.
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