Home How will EUR/USD Perform in 2010? These 6 Insightful

How will EUR/USD Perform in 2010? These 6 Insightful

For more information about the EURO, read the EUR/USD forecast

As 2010 begins, I’ve searched the web for forecasts on the forex market’s most popular pair: EUR/USD. I found 5 insightful forecasts for this pair. Most of them see a stronger dollar in 2010. Here’s the list + a few notes about them. I’d be glad to here more thoughts!

If you have a site / blog with a 2010 forecast for EUR/USD, please link to here so I’l notice it. I’ll be happy to read it and link back, enlarging this initial list of 5 predictions. Let’s start:

EUR/USD 2010 Predictions


  1. Marc Faber: 5-10% rise of dollar against the Euro in 2010. Marc Faber, publisher of a newsletter called “Gloom, Boom and Doom”, is a highly regarded analyst, but he isn’t always correct. In an article in Bloomberg, he says that the bearish betting on the dollar has become too crowded, and that the dollar and the stock markets will continue rallying together, as they did in December 2010 (different than the previous months).
  2. John J. Drummond: Believes that the dollar will reverse its losses and triumph over the Euro. This forex expert gives a few reasons: the financial crisis will still be felt in Europe, Ben Bernanke will raise the rates and more.
  3. Mitul Kotecha: Sees EUR/USD falling through most of 2010. In this article in FXStreet, the known forex expert sees a small rally in Q1 but afterwards, a fall of the Euro is expected.  The article contains predictions for other currencies as well.
  4. Eric deCarbonnel:  Sees the dollar’s collapse in 2010 due to a  colossal food crisis which will devastate the United States. In his  apocalyptic scenario, the world will run out of food and this will cause global turmoil which will send the US economy plunging – and the dollar with it.
  5. Greg Group: Advises to buy the dollar and sell the Euro in 2010. He sees continues dependence on the US dollar, especially from China, and isn’t too hopeful about Europe. In an article in Seeking Alpha, he examines both sides of the Atlantic, sees EUR/USD falling, but also advises caution.
  6. Casey Stubbs: All in all, Casey sees the dollar’s momentum for 2010. Looking at the near term, the current range will probably dominate this pair’s trading.

What do you think?

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.