[EUR/USD] Exchange Rate Forecast for 2025

Under the Trump administration, higher tariffs and political instability in Germany and France are expected to weaken the euro further. Additionally, with the economy slowing down, the European Central Bank (ECB) is likely to continue cutting interest rates. The difference in policy approaches between the ECB and the Federal Reserve, which remains more focused on raising rates, is also expected to push the euro lower.

The first support level is at 0.9950, just below the parity level of 1.0. If the exchange rate falls below this, it may head toward the December 2022 low of 0.9537.