The US dollar has maintained its upward trend, but the market predicts that the US dollar will rise for less than three months? EUR/USD is expected to rise above the 1.20 level.
Experts predict that the exchange rate of EUR/USD in the next three months will be roughly maintained at the current level of 1.18 US dollars, and will appreciate 2.5% in the next year, rising to 1.21 US dollars.

The US dollar index rose 0.41%, hit 93.954 this morning, and is now at 93.777. USD/JPY fell 0.19% to 105.869 yen. EUR/USD fell 0.21% to 1.17543 US dollars; GBP/USD fell 0.5% to 1.292 US dollars; AUD/USD fell 0.78% to 0.71365 ; CHF/USD rose 0.3% to 0.9179.
The lively television debates of the US presidential candidates of the two parties last week made the market more concerned about the results of the November 3 general election, which led to the appreciation of the U.S. dollar against major national currencies. Experts generally predict that during the month before the election, the volatility of the foreign exchange market will be greater than that of the previous month, with the fluctuation range of about 2% each.
Among the foreign exchange experts interviewed by Reuters, nearly three-quarters of the respondents believed that the dollar's rally would not exceed three months, and nearly 25% believed that the dollar's rally was over.
EUR/USD will appreciate 2.5% during the year
Experts are generally not optimistic about the U.S. dollar in the medium term, because the Fed's strong easing measures have made U.S. dollar assets no longer have an interest rate advantage. In addition, investors still expect that the United States will launch a new round of fiscal stimulus before the end of the year, which may also depress the dollar exchange rate.
Most experts predict that the exchange rate of the euro against the US dollar in the next three months will be roughly maintained at the current level of 1.18 US dollars, and will appreciate 2.5% in the next year, rising to 1.21 US dollars. Safe-haven currencies such as the Japanese yen and Swiss franc have appreciated against the US dollar this year, and foreign exchange experts believe that this will continue to be the case in the short term.
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