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Euro to Danish Krone (EUR/DKK) Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: December 5, 2024 (13:03)
Reverse forecast: DKK to EUR
Euro / Danish Krone price online today
| Now | Tomorrow | 7 Days | 30 Days | |
|---|---|---|---|---|
| 100 Euro (EUR) to Danish Krone (DKK) | 745.8 | 745.7 | 745.8 | |
| 200 Euro (EUR) to Danish Krone (DKK) | 1491.5 | 1491.5 | 1491.7 | |
| 500 Euro (EUR) to Danish Krone (DKK) | 3728.8 | 3728.7 | 3729.2 | |
| 1000 Euro (EUR) to Danish Krone (DKK) | 7457.5 | 7457.4 | 7458.4 | |
| 3000 Euro (EUR) to Danish Krone (DKK) | 22372.6 | 22372.3 | 22375.1 |
How much will the EUR/DKK currency pair cost in 2025, 2026 and 2027? What is the forecast for the EUR/DKK currency pair? What is the target price of the Euro / Danish Krone currency pair for 2025-2027?
We continuously scrutinize the key events in the news flow to assist you in tackling the essential question: Will the Euro rise or fall against the Danish Krone?
Identifying the trend of the EUR/DKK currency pair
The voluntary public tender for Unieuro shares and Euro Manganese's amended funding package positively impact investor sentiment towards the Euro, signaling stability in the industrial sector and indicating a 'Somewhat-Bullish' outlook on the EUR exchange rate. These developments imply confidence in corporate transactions and reinforced financial foundations in the eurozone.
Conversely, political turmoil in France presents headwinds, with expectations of rising public debt affecting the euro's strength by fostering skepticism among investors. Yet, market response remains categorized as neutral, as transformative economic reform concerns get countered by these commercial assurances.
While the ECB progresses on offline digital euro payments, its promise is acknowledged but remains non-significant in current trends, ensuring a steadied EUR in forex. Also, Kiyosaki's Bitcoin valuation forecast implies a shift towards cryptocurrencies, albeit with minor immediate impact on EUR rates.
Investors should anticipate a cautious optimism as industrial growth fuels the euro, while political unrest and evolving digital currency landscapes constitute potential inflection points. Market actors ought to remain attuned to these variables, balancing between economic prospects and policy uncertainties.
EUR Trend Prediction
As of now, Panda has analyzed 55 news pieces concerning the EUR currency. The average relevance score for these news items is 0.34 (with the closer to 1 being more relevant).|
2024-12-04
|
Neutral | Impact: 0.08 | News: 3 (1/2/0) |
|
2024-12-03
|
Neutral | Impact: 0.04 | News: 1 (0/1/0) |
|
2024-11-30
|
Neutral | Impact: -0 | News: 1 (0/1/0) |
|
2024-11-29
|
Neutral | Impact: -0.15 | News: 2 (0/1/1) |
|
2024-11-28
|
Bullish | Impact: 0.17 | News: 2 (1/1/0) |
|
2024-11-27
|
Neutral | Impact: 0.01 | News: 2 (0/2/0) |
|
2024-11-22
|
Neutral | Impact: 0.07 | News: 3 (1/2/0) |
Unieuro Targeted by Voluntary Public Tender and Exchange Offer
December 4, 2024 (17:15)
Trend: Neutral
Influence: 0.11
The news of a voluntary public tender and exchange offer for Unieuro shares reflects a stable outlook, resulting in a neutral impact on the EUR exchange rate. This indicates investor confidence in the transaction, leading to little volatility in the currency market.
Euro Manganese Modifies Funding Agreement with Orion Resource Partners
December 4, 2024 (12:30)
Trend: Somewhat-Bullish
Influence: 0.23
The announcement of an amended US$100 million funding package for Euro Manganese suggests strengthened financial stability and growth potential for the company, which positively impacts investor sentiment towards the euro. This development indicates confidence in the region's industrial sector, contributing to a 'Somewhat-Bullish' outlook for the EUR exchange rate.
This chart provides a comparative trend analysis of sentiment scores over time for EUR and DKK currencies, displaying their respective news coverage and associated sentiment.
By visualizing sentiment trends and news volume, investors and brokers can identify potential market-moving events, gauge market sentiment, and make more informed trading decisions.
Historical and forecast chart of the Euro/Danish Krone currency pair
The chart below shows the historical quotes of the EUR/DKK pair and the forecast chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. A detailed forecast of the Euro/Danish Krone rate can be found in the table below.
Long-term forecasts by years.
EUR Main News
Economic Growth in France Threatened by Political Turmoil
December 4, 2024 (07:58)
Trend: Neutral
Influence: -0.11
The political instability in France has raised concerns over economic growth, leading to an adverse impact on the EUR. With public deficit and debt levels expected to rise, investor confidence in the eurozone's second-largest economy is shaken, contributing to currency pressure.
ECB Advances Offline Payment Capabilities for Digital Euro
December 3, 2024 (14:56)
Trend: Neutral
Influence: 0.04
The progress in offline digital euro payments indicates a potential increase in digital currency adoption, which may maintain the euro's stability in the forex market. The neutral sentiment suggests that while the news might show promise, it is not yet a significant factor swaying current exchange rate trends.
Kiyosaki Predicts $100,000 Bitcoin: Challenges for Lower Income Groups
November 30, 2024 (20:15)
Trend: Neutral
Influence: -0
The potential surge in Bitcoin's value forecast by Kiyosaki highlights a wealth shift towards cryptocurrency, potentially diverting investment from traditional currencies like the Euro. Despite the minor sentiment change, the impact remains neutral as the broader sentiment surrounding cryptocurrencies often offsets immediate Forex implications.
Coinbase Halts USDC Rewards in Europe Ahead of MiCA Regulation
November 29, 2024 (11:34)
Trend: Neutral
Influence: -0.13
The end of the USDC yield program by Coinbase is interpreted as a cautious response to the upcoming strict EU stablecoin regulations, leading to increased uncertainty in the European financial market. This move could negatively influence investor confidence in the EUR, causing slight downward pressure on the exchange rate as suggested by a negative sentiment score.
Eurozone Inflation Reaches 2.3% in November, Aligning with Projections
November 29, 2024 (10:17)
Trend: Somewhat-Bearish
Influence: -0.17
The Euro is experiencing bearish sentiment due to the expectation of an upcoming interest rate cut by the European Central Bank. The anticipated rate cut is generally seen as a measure to stimulate the economy, which could lead to a weakening of the Euro.
Macroscope | Germany Faces Economic Strife Amid Trade War and Stagnation
November 28, 2024 (08:30)
Trend: Neutral
Influence: 0.12
The EUR exchange rate remains neutral as investors weigh the broader implications of Germany's economic difficulties, which include stagnation and declining exports. Although these issues pose a risk to the EUR, the stability of the eurozone and potential policy responses help mitigate immediate negative impacts on the currency.
OKX Unveils New Crypto Exchange and Web3 Wallet in Belgium
November 28, 2024 (08:00)
Trend: Somewhat-Bullish
Influence: 0.22
The introduction of OKX's exchange and Web3 wallet in Belgium is likely perceived as a positive development for the EUR, as it signals growing interest and investment in the European crypto market. This move can be expected to bolster confidence in the region's financial technology landscape, contributing to a somewhat bullish outlook on the Euro.
CAISSE FRANCAISE DE FINANCEMENT LOCAL Issues New EMTN Bond for 2024
November 27, 2024 (18:50)
Trend: Neutral
Influence: -0.1
The issuance of the new EMTN bond by Caisse Française de Financement Local may have caused minor fluctuations in the Euro due to its moderate relevance score. The slightly negative sentiment score suggests market uncertainty or a neutral impact on the Euro, as investors assess the implications of this financial move.
Tether Ceases Issuance of Euro-Backed Stablecoin Due to Regulatory Pressures
November 27, 2024 (15:56)
Trend: Neutral
Influence: 0.12
The halting of Tether's EURT token issuance reflects regulatory challenges, but the impact on the EUR exchange rate remains neutral as indicated by the sentiment score. This is likely because the overall demand for the euro in foreign exchange remains strong, overshadowing the stablecoin's market influence.
European Commission Lowers EU GDP Projections Due to Geopolitical Unrest
November 22, 2024 (18:51)
Trend: Neutral
Influence: 0
The downgrading of the EU's GDP growth forecast by the European Commission highlights ongoing geopolitical tensions that could impact investor confidence and economic stability, slightly influencing the EUR exchange rate. Despite this, the sentiment remains neutral, indicating that the market may have already factored in these risks or there are offsetting factors at play.
Ferrari's Latest Report on Its Share Buyback Program
November 22, 2024 (13:25)
Trend: Somewhat-Bullish
Influence: 0.25
Ferrari's substantial share buyback program indicates confidence in the company's financial health, which may have a positive impact on the Euro by attracting more investment into the region. Consequently, the somewhat bullish sentiment label for the EUR reflects potential investor optimism about the European economy due to such high-profile corporate financial activities.
Spain Imposes $187 Million Penalty on Budget Airlines for Cabin Luggage Fees
November 22, 2024 (11:28)
Trend: Neutral
Influence: -0.04
The decision by Spain's ministry to fine low-cost airlines for excessive baggage fees could affect consumer confidence and spending in the travel sector, which is viewed negatively by investors. This uncertainty may contribute to a slight depreciation in the Euro, as reflected in the marginally negative sentiment score.
Siguldas Artificial Insemination Station Announces 9-Month Financials for 2024
November 21, 2024 (14:10)
Trend: Somewhat-Bullish
Influence: 0.26
The slight improvement in turnover for the 2024 period, while maintaining stable performance, suggests some investor confidence in the EUR despite lower profits. This stability and modest growth are contributing to a somewhat bullish outlook for the currency.
Nykredit Realkredit A/S Updates Terms for Euro Medium Term Note Programme
November 20, 2024 (07:47)
Trend: Neutral
Influence: 0
The update of terms for the Euro Medium Term Note Programme by Nykredit Realkredit A/S is seen as a procedural adjustment and has not directly influenced market sentiment. As such, it maintains a neutral impact on the EUR exchange rate, reflecting steady market expectations.
Escalating Russia-U.S. tensions shake global markets and elevate nuclear threat
November 19, 2024 (12:37)
Trend: Somewhat-Bullish
Influence: 0.15
The news of increasing geopolitical tensions has led to volatility in global markets, prompting investors to seek safe-haven assets, which typically impacts the Euro negatively in unstable environments. However, the 'Somewhat-Bullish' sentiment suggests that while investors are cautious, the Euro may be seen as relatively stable compared to other currencies amid the uncertainty.
Comprehensive Analysis of News and Events influencing the EURDKK currency pair
We predict the dynamics of currency pairs using resonant artificial intelligence systems. Technical, fundamental analysis, news background, general geopolitical situation in the world and other factors are taken into account.
The results of forecasts of the Euro/Danish Krone currency pair are shown below and presented in the form of charts, tables and text information, divided into time intervals (Next month, 2025, 2026 and 2027).
Forecasts are adjusted once a day taking into account the price change of the previous day.
Euro / Danish Krone Daily Forecast for a Month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Dec 07 | 7.4575 | 7.4570 | 7.4581 | 0.01 % |
| Dec 08 | 7.4575 | 7.4573 | 7.4576 | 0.00 % |
| Dec 09 | 7.4578 | 7.4572 | 7.4581 | 0.01 % |
| Dec 10 | 7.4575 | 7.4570 | 7.4578 | 0.01 % |
| Dec 11 | 7.4576 | 7.4574 | 7.4581 | 0.01 % |
| Dec 12 | 7.4574 | 7.4570 | 7.4579 | 0.01 % |
| Dec 13 | 7.4572 | 7.4567 | 7.4577 | 0.01 % |
| Dec 14 | 7.4573 | 7.4569 | 7.4577 | 0.01 % |
| Dec 15 | 7.4578 | 7.4572 | 7.4580 | 0.01 % |
| Dec 16 | 7.4575 | 7.4572 | 7.4577 | 0.01 % |
| Dec 17 | 7.4577 | 7.4574 | 7.4582 | 0.01 % |
| Dec 18 | 7.4580 | 7.4576 | 7.4582 | 0.01 % |
| Dec 19 | 7.4581 | 7.4578 | 7.4584 | 0.01 % |
| Dec 20 | 7.4581 | 7.4576 | 7.4585 | 0.01 % |
| Dec 21 | 7.4583 | 7.4578 | 7.4586 | 0.01 % |
| Dec 22 | 7.4590 | 7.4588 | 7.4595 | 0.01 % |
| Dec 23 | 7.4593 | 7.4589 | 7.4599 | 0.01 % |
| Dec 24 | 7.4599 | 7.4594 | 7.4604 | 0.01 % |
| Dec 25 | 7.4593 | 7.4589 | 7.4596 | 0.01 % |
| Dec 26 | 7.4591 | 7.4587 | 7.4596 | 0.01 % |
| Dec 27 | 7.4590 | 7.4585 | 7.4594 | 0.01 % |
| Dec 28 | 7.4585 | 7.4582 | 7.4588 | 0.01 % |
| Dec 29 | 7.4588 | 7.4585 | 7.4590 | 0.01 % |
| Dec 30 | 7.4588 | 7.4584 | 7.4590 | 0.01 % |
| Dec 31 | 7.4589 | 7.4585 | 7.4590 | 0.01 % |
| Jan 01 | 7.4591 | 7.4587 | 7.4596 | 0.01 % |
| Jan 02 | 7.4585 | 7.4582 | 7.4590 | 0.01 % |
| Jan 03 | 7.4587 | 7.4583 | 7.4591 | 0.01 % |
| Jan 04 | 7.4587 | 7.4585 | 7.4591 | 0.01 % |
| Jan 05 | 7.4584 | 7.4582 | 7.4589 | 0.01 % |
Target daily price EUR/DKK
Target values of the EUR/DKK currency pair as of 12-07-2024.
Optimistic target level: 7.4581
Pessimistic target level: 7.4570
Target values of the EUR/DKK currency pair as of 12-08-2024.
Optimistic target level: 7.4576
Pessimistic target level: 7.4573
Target values of the EUR/DKK currency pair as of 12-09-2024.
Optimistic target level: 7.4581
Pessimistic target level: 7.4572
Target values of the EUR/DKK currency pair as of 12-10-2024.
Optimistic target level: 7.4578
Pessimistic target level: 7.4570
Target values of the EUR/DKK currency pair as of 12-11-2024.
Optimistic target level: 7.4581
Pessimistic target level: 7.4574
Euro / Danish Krone (EUR/DKK) Forecast 2025 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 7.4569 | 7.4554 | 7.4593 | 0.05 % |
| Feb | 7.4553 | 7.4527 | 7.4570 | 0.06 % |
| Mar | 7.4546 | 7.4527 | 7.4561 | 0.05 % |
| Apr | 7.4555 | 7.4547 | 7.4564 | 0.02 % |
| May | 7.4559 | 7.4540 | 7.4571 | 0.04 % |
| Jun | 7.4557 | 7.4535 | 7.4569 | 0.05 % |
| Jul | 7.4577 | 7.4559 | 7.4594 | 0.05 % |
| Aug | 7.4566 | 7.4553 | 7.4584 | 0.04 % |
| Sep | 7.4549 | 7.4532 | 7.4569 | 0.05 % |
| Oct | 7.4518 | 7.4496 | 7.4546 | 0.07 % |
| Nov | 7.4536 | 7.4518 | 7.4560 | 0.06 % |
| Dec | 7.4547 | 7.4521 | 7.4556 | 0.05 % |
EUR/DKK forecast for this year
Forecast of the EUR/DKK pair for Jan 2025
Forecast of the EUR/DKK pair for Feb 2025
Forecast of the EUR/DKK pair for Mar 2025
Forecast of the EUR/DKK pair for Apr 2025
Forecast of the EUR/DKK pair for May 2025
Forecast of the EUR/DKK pair for Jun 2025
Forecast of the EUR/DKK pair for Jul 2025
Forecast of the EUR/DKK pair for Aug 2025
Forecast of the EUR/DKK pair for Sep 2025
Forecast of the EUR/DKK pair for Oct 2025
Forecast of the EUR/DKK pair for Nov 2025
Forecast of the EUR/DKK pair for Dec 2025
Euro / Danish Krone (EUR/DKK) Forecast 2026 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 7.4575 | 7.4563 | 7.4603 | 0.05 % |
| Feb | 7.4602 | 7.4575 | 7.4620 | 0.06 % |
| Mar | 7.4617 | 7.4600 | 7.4642 | 0.06 % |
| Apr | 7.4646 | 7.4629 | 7.4675 | 0.06 % |
| May | 7.4668 | 7.4655 | 7.4676 | 0.03 % |
| Jun | 7.4686 | 7.4675 | 7.4714 | 0.05 % |
| Jul | 7.4699 | 7.4689 | 7.4722 | 0.04 % |
| Aug | 7.4713 | 7.4695 | 7.4721 | 0.03 % |
| Sep | 7.4702 | 7.4687 | 7.4715 | 0.04 % |
| Oct | 7.4721 | 7.4696 | 7.4734 | 0.05 % |
| Nov | 7.4718 | 7.4699 | 7.4742 | 0.06 % |
| Dec | 7.4719 | 7.4699 | 7.4738 | 0.05 % |
Euro / Danish Krone (EUR/DKK) Forecast 2027 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 7.4702 | 7.4686 | 7.4727 | 0.05 % |
| Feb | 7.4685 | 7.4678 | 7.4699 | 0.03 % |
| Mar | 7.4721 | 7.4695 | 7.4737 | 0.06 % |
| Apr | 7.4718 | 7.4699 | 7.4736 | 0.05 % |
| May | 7.4712 | 7.4700 | 7.4733 | 0.04 % |
| Jun | 7.4679 | 7.4651 | 7.4700 | 0.07 % |
| Jul | 7.4694 | 7.4674 | 7.4720 | 0.06 % |
| Aug | 7.4679 | 7.4654 | 7.4702 | 0.06 % |
| Sep | 7.4705 | 7.4681 | 7.4715 | 0.05 % |
| Oct | 7.4731 | 7.4709 | 7.4760 | 0.07 % |
| Nov | 7.4717 | 7.4694 | 7.4728 | 0.05 % |
| Dec | 7.4751 | 7.4727 | 7.4760 | 0.04 % |