Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
16 December 2022 | Other

Danske Bank: Euro will fall against the dollar in 2023

EURUSD

According to the forecasts of Danske Bank economists, the euro/dollar pair is expected to fall next year.

The U.S. Federal Reserve (Fed) raised its interest rate by 50 basis points on Wednesday, as forecasted. Comments made by the Fed after the hike indicate that the rate is likely to hit higher than 5% next year. The projected rate range is 5–5.25%.

Despite Powell's assurance that the Fed takes into account short-term volatility in financial conditions, Danske Bank believes that easing is still driven by high inflation risks.

Danske Bank economists note the presence of the possible U.S. dollar upside risks in the near future. And since the leading role in maintaining restrictive financial conditions has been given to the U.S. dollar, Danske Bank forecast is reasonable. 

Company MarketCheese

Recommended

European Union. Retail Sales (YoY). The value of the indicator has increased from 1.8% to 2%
Yesterday at 10:00 AM
European Union. Retail Sales (MoM). The value of the indicator has decreased from 0.2% to -0.1%
Yesterday at 10:00 AM
European Union. PPI (YoY). The value of the indicator has decreased from -2% to -2.1%
4 March
European Union. Unemployment Rate. The value of the indicator has decreased from 6.2% to 6.1%
4 March
European Union. PPI (MoM). The value of the indicator has increased from -0.3% to 0.7%
4 March
Top news
European Union. Retail Sales (MoM). The value of the indicator has decreased from 0.2% to -0.1%
Yesterday at 10:00 AM
European Union. Unemployment Rate. The value of the indicator has decreased from 6.2% to 6.1%
4 March
European Union. CPI (MoM). The value of the indicator has increased from -0.6% to 0.7%
3 March
United States. ISM Manufacturing PMI. The value of the indicator has decreased from 52.6 to 52.4
2 March
European Union. Manufacturing PMI. The value of the indicator remained at the same level of 50.8
2 March
All news

Forecasts

ETHUSD buy
Period: 12.03.2026 Expectation: 22900 pips
Investing in ETHUSD on pullback before flat trend ends
TA Other Technical analysis FA Other Indicators Fundamental analysis
Yesterday at 12:15 PM 31
Lyra_Moonwell1
S&P 500 sell
Period: 31.05.2026 Expectation: 450 pips
Medium-term selling comes into play for SPX
Indicators and reports Hot news Chart analysis
Yesterday at 11:43 AM 17
Reed_Marcus
BTCUSD buy
Period: 26.03.2026 Expectation: 7000 pips
Buying BTCUSD with $79,000 in sight
Hot news Chart analysis
Yesterday at 11:05 AM 17
Sinclair_John
AUDCAD sell
Period: 31.03.2026 Expectation: 800 pips
AUDCAD selloff targets 0.95400
FA Other Chart analysis
Yesterday at 11:01 AM 11
Bruce_Powers
USDCAD buy
Period: 31.03.2026 Expectation: 500 pips
Investing in USDCAD up to 1.37100
FA Other Chart analysis
Yesterday at 11:01 AM 8
McCarthy_Raymond
USDJPY sell
Period: 12.03.2026 Expectation: 1490 pips
Intervention threat makes USDJPY selling compelling
Technical analysis FA Other Hot news Indicators Fundamental analysis
Yesterday at 07:17 AM 18
Emily_Foster
Go to forecasts