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US Dollar to Danish Krone (USD/DKK) Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: October 10, 2024 (13:06)
Reverse forecast: DKK to USD
US Dollar / Danish Krone price online today
| Now | Tomorrow | 7 Days | 30 Days | |
|---|---|---|---|---|
| 100 US Dollar (USD) to Danish Krone (DKK) | 683.6 | 682.1 | 670.2 | |
| 200 US Dollar (USD) to Danish Krone (DKK) | 1367.3 | 1364.2 | 1340.4 | |
| 500 US Dollar (USD) to Danish Krone (DKK) | 3418.2 | 3410.5 | 3351 | |
| 1000 US Dollar (USD) to Danish Krone (DKK) | 6836.3 | 6820.9 | 6702.1 | |
| 3000 US Dollar (USD) to Danish Krone (DKK) | 20509 | 20462.8 | 20106.2 |
How much will the USD/DKK currency pair cost in 2024, 2025 and 2026? What is the forecast for the USD/DKK currency pair? What is the target price of the US Dollar / Danish Krone currency pair for 2024-2026?
We continuously scrutinize the key events in the news flow to assist you in tackling the essential question: Will the US Dollar rise or fall against the Danish Krone?
Identifying the trend of the USD/DKK currency pair
The USDDKK exchange rate may experience slight fluctuations influenced by the current market dynamics and geopolitical factors. Walmart's continued stock growth indicates robust consumer confidence, potentially supporting the USD, although the current neutral sentiment suggests limited immediate impact on the currency's strength.
Conversely, the EUR/USD's recent decline amid speculation over the Federal Reserve's rate decisions suggests a potentially stronger USD, as investors weigh interest rate paths following optimistic employment data. However, sentiment remains cautious, indicating pressure on the USDDKK could increase if Eurozone sentiment worsens.
The neutral sentiment surrounding the integration of Alchemy Pay with Samsung Pay highlights an intriguing shift towards digital currencies, albeit with negligible current influence on the USD, although it bears monitoring as adoption expands.
China's decision to halt economic stimulus may lead to global capital reallocations, potentially stabilizing Bitcoin despite ongoing uncertainties. This uncertainty curtails immediate impacts on the USD, as evidenced by a neutral sentiment score.
Finally, geopolitical tensions combined with rising Treasury yields have softened the USD, exacerbated by internal market stressors like regulatory issues facing major firms. Investors should remain vigilant, astutely monitoring these multifaceted developments for potential volatilities affecting the USDDKK exchange rate.
USD Trend Prediction
As of now, Panda has analyzed 272 news pieces concerning the USD currency. The average relevance score for these news items is 0.31 (with the closer to 1 being more relevant).|
2024-10-08
|
Neutral | Impact: 0.02 | News: 5 (0/5/0) |
|
2024-10-07
|
Bullish | Impact: 0.11 | News: 5 (3/1/1) |
|
2024-10-06
|
Neutral | Impact: -0.01 | News: 2 (0/2/0) |
|
2024-10-04
|
Neutral | Impact: 0.04 | News: 10 (3/6/1) |
|
2024-10-03
|
Neutral | Impact: 0.07 | News: 8 (2/6/0) |
|
2024-10-02
|
Neutral | Impact: -0.11 | News: 5 (0/3/2) |
|
2024-10-01
|
Neutral | Impact: 0.09 | News: 6 (2/4/0) |
Walmart's Unstoppable Growth Presents Opportunities for Investors
October 8, 2024 (17:53)
Trend: Neutral
Influence: 0.06
Walmart's impressive stock performance could signal strong consumer spending and a robust US economy, potentially strengthening the USD. However, because the sentiment impact on USD is noted as 'Neutral', immediate effects on the USD exchange rate might be limited at this stage.
EUR/USD At Seven-Week Low Due To Fed Rate Speculations
October 8, 2024 (14:20)
Trend: Neutral
Influence: 0.07
The recent strength in the employment report has led investors to reassess the Federal Reserve's potential interest rate path, causing the euro to weaken against the dollar. Despite a neutral sentiment label, the uncertainty surrounding future rate hikes is maintaining downward pressure on EUR/USD.
This chart provides a comparative trend analysis of sentiment scores over time for USD 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 US Dollar/Danish Krone currency pair
The chart below shows the historical quotes of the USD/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 US Dollar/Danish Krone rate can be found in the table below.
Long-term forecasts by years.
USD Main News
Samsung Pay Expands with Alchemy Pay's Crypto Payment Integration
October 8, 2024 (13:54)
Trend: Neutral
Influence: 0.05
The integration of Alchemy Pay with Samsung Pay supports the growing adoption of cryptocurrency, which might influence currency exchange as people diversify their payments, though the impact on the USD remains neutral at present. This is reflected in the neutral sentiment score, indicating no significant shifts in USD exchange rates as users explore crypto payment options.
Bitcoin Set for Capital Shift as China Ends Economic Stimulus
October 8, 2024 (10:31)
Trend: Neutral
Influence: 0.02
As China halts its economic stimulus, a global capital reallocation may occur, indirectly impacting the USD. The neutral sentiment indicates that the USD is not expected to have a significant reaction, reflecting market uncertainty surrounding risk assets like Bitcoin.
China Market Surges to 2-Year High, European Markets Retreat, Softer Dollar - Overnight Global Markets Update
October 8, 2024 (10:01)
Trend: Neutral
Influence: -0.13
The U.S. dollar softened due to a combination of factors including rising Treasury yields and geopolitical tensions in the Middle East, which heighten investor concerns and uncertainty in the markets. Additionally, regulatory challenges faced by major corporations such as Alphabet, Amazon, and Apple create further nervousness around economic stability, which can add downward pressure on the dollar.
Key Bitcoin Predictions and Their Impact on the 2024 US Elections
October 7, 2024 (22:43)
Trend: Somewhat-Bearish
Influence: -0.17
The increasing consideration of Bitcoin as a viable financial solution can lead to decreased confidence in the USD, contributing to its weakening. As the middle class looks for alternatives to protect their wealth, the shift in focus could exert further bearish pressure on the USD exchange rate.
Tether's User Base Expands to 350 Million in 2024 Marking a 24% Increase
October 7, 2024 (18:49)
Trend: Somewhat-Bullish
Influence: 0.21
The significant growth in Tether's user base enhances the appeal of stablecoins, which could indirectly increase demand for USD since Tether is often backed by US dollar reserves. This demand can have a positive impact on the USD exchange rate, leading to the observed somewhat-bullish sentiment.
Analyzing the Dynamics Between US Economic Data and Federal Reserve Policies
October 7, 2024 (16:23)
Trend: Neutral
Influence: 0.04
The neutral sentiment towards the USD suggests that despite positive economic data, uncertainties remain due to the Federal Reserve's unexpected rate cuts. These mixed signals contribute to minimal fluctuations in the USD exchange rate as markets assess long-term implications.
Expect Yuan Volatility Ahead of US Election and Economic Stimulus Uncertainty in China
October 7, 2024 (13:37)
Trend: Somewhat-Bullish
Influence: 0.19
The potential for economic stimulus in China and the impending US presidential election are creating uncertainty, causing fluctuations in the yuan. This volatility may result in a somewhat bullish sentiment for the USD, as investors might see the dollar as a safer haven amidst the economic unpredictability.
Mixed Markets in Asia and Europe; Crude Oil Climbs 2.5% Overnight
October 7, 2024 (10:56)
Trend: Somewhat-Bullish
Influence: 0.27
The stronger-than-expected U.S. jobs report suggests economic strength, which alleviates the pressure on the Federal Reserve to cut interest rates, hence supporting the USD. This improvement in employment figures bolsters investor confidence in the U.S. economy, resulting in a modest bullish impact on the USD exchange rate.
Tether Celebrates 10th Anniversary with USDT Documentary Teaser
October 6, 2024 (12:53)
Trend: Neutral
Influence: -0.06
The neutral sentiment score for the USD suggests that the teaser of the Tether documentary has little to no impact on the USD exchange rate directly. The focus on financial inclusion by Tether may highlight challenges for traditional currencies but appears to have been priced in by the markets.
Bitcoin's Realized Price Dip Signals Possible BTC Price Weakness
October 6, 2024 (12:02)
Trend: Neutral
Influence: 0.04
The realized price drop in Bitcoin suggests that longstanding investors are selling, potentially weakening speculative confidence. This shift may cause minimal short-term impacts on the USD exchange rate given the neutral sentiment score, reflecting slight caution among traders.
Rising Bitcoin prices linked to escalating US financial worries
October 4, 2024 (20:24)
Trend: Somewhat-Bullish
Influence: 0.26
The news has a somewhat bullish effect on the USD exchange rate as investors, worried about the US fiscal situation, may seek refuge in non-traditional assets like Bitcoin. However, the USD remains resilient, likely due to its enduring status as a global reserve currency, tempering significant downward pressure.
Coinbase Global Shares Rise Due to Regulatory Adaptation - COIN (NASDAQ:COIN)
October 4, 2024 (19:49)
Trend: Neutral
Influence: -0.01
The slight negative sentiment towards the USD in the context of Coinbase's response to European regulations likely indicates concerns over potential regulatory hurdles impacting U.S.-based cryptocurrency companies. However, the overall neutral sentiment suggests that the market does not expect significant immediate impacts on USD exchange rates.
Visa's VTAP: Revolutionizing Fiat Tokens
October 4, 2024 (17:51)
Trend: Somewhat-Bullish
Influence: 0.18
The introduction of VTAP allows for more secure management of fiat-backed tokens on blockchain, signaling confidence in the digital transformation of traditional currencies. This technological advancement can strengthen the USD's position by enhancing its digital representation, contributing to a somewhat bullish sentiment.
Dollar Recovery Potential Amidst Rising 10-Year US Yields
October 4, 2024 (17:12)
Trend: Neutral
Influence: 0.07
The anticipation of rising 10-year US bond yields suggests a potential recovery for the USD, as higher yields typically attract foreign investment, increasing demand for the currency. However, the recent rate cut by the Fed might have muted the immediate positive impacts, leading to the neutral sentiment reflected in the market.
Dogecoin, Shiba Inu, and Avalanche See Gains Amidst Economic Data Release
October 4, 2024 (16:14)
Trend: Neutral
Influence: 0.08
The new economic data suggests potential stabilization, causing a neutral impact on the USD exchange rate. The slowing rise in oil prices alleviates pressure on inflation, keeping the USD relatively stable.
Comprehensive Analysis of News and Events influencing the USDDKK 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 US Dollar/Danish Krone currency pair are shown below and presented in the form of charts, tables and text information, divided into time intervals (Next month, 2024, 2025 and 2026).
Forecasts are adjusted once a day taking into account the price change of the previous day.
US Dollar / Danish Krone Daily Forecast for a Month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Oct 12 | 6.8363 | 6.8158 | 6.8528 | 0.54 % |
| Oct 13 | 6.8428 | 6.8203 | 6.8548 | 0.51 % |
| Oct 14 | 6.8493 | 6.8408 | 6.8658 | 0.37 % |
| Oct 15 | 6.8288 | 6.8052 | 6.8404 | 0.52 % |
| Oct 16 | 6.8366 | 6.8202 | 6.8565 | 0.53 % |
| Oct 17 | 6.8209 | 6.7984 | 6.8352 | 0.54 % |
| Oct 18 | 6.8117 | 6.8035 | 6.8230 | 0.29 % |
| Oct 19 | 6.8155 | 6.7902 | 6.8226 | 0.48 % |
| Oct 20 | 6.7844 | 6.7712 | 6.8065 | 0.52 % |
| Oct 21 | 6.7756 | 6.7641 | 6.7882 | 0.36 % |
| Oct 22 | 6.7475 | 6.7293 | 6.7624 | 0.49 % |
| Oct 23 | 6.7539 | 6.7451 | 6.7728 | 0.41 % |
| Oct 24 | 6.7634 | 6.7502 | 6.7776 | 0.41 % |
| Oct 25 | 6.7732 | 6.7640 | 6.7999 | 0.53 % |
| Oct 26 | 6.7695 | 6.7573 | 6.7871 | 0.44 % |
| Oct 27 | 6.7996 | 6.7775 | 6.8091 | 0.47 % |
| Oct 28 | 6.7850 | 6.7660 | 6.7938 | 0.41 % |
| Oct 29 | 6.7979 | 6.7849 | 6.8176 | 0.48 % |
| Oct 30 | 6.8023 | 6.7941 | 6.8268 | 0.48 % |
| Oct 31 | 6.8016 | 6.7911 | 6.8257 | 0.51 % |
| Nov 01 | 6.7924 | 6.7839 | 6.8196 | 0.53 % |
| Nov 02 | 6.7907 | 6.7761 | 6.8043 | 0.42 % |
| Nov 03 | 6.7995 | 6.7897 | 6.8145 | 0.37 % |
| Nov 04 | 6.7873 | 6.7707 | 6.8009 | 0.45 % |
| Nov 05 | 6.7819 | 6.7547 | 6.8015 | 0.69 % |
| Nov 06 | 6.8056 | 6.7978 | 6.8287 | 0.46 % |
| Nov 07 | 6.7808 | 6.7553 | 6.7977 | 0.63 % |
| Nov 08 | 6.7635 | 6.7452 | 6.7770 | 0.47 % |
| Nov 09 | 6.7347 | 6.7240 | 6.7536 | 0.44 % |
| Nov 10 | 6.7021 | 6.6934 | 6.7202 | 0.40 % |
Target daily price USD/DKK
Target values of the USD/DKK currency pair as of 10-12-2024.
Optimistic target level: 6.8528
Pessimistic target level: 6.8158
Target values of the USD/DKK currency pair as of 10-13-2024.
Optimistic target level: 6.8548
Pessimistic target level: 6.8203
Target values of the USD/DKK currency pair as of 10-14-2024.
Optimistic target level: 6.8658
Pessimistic target level: 6.8408
Target values of the USD/DKK currency pair as of 10-15-2024.
Optimistic target level: 6.8404
Pessimistic target level: 6.8052
Target values of the USD/DKK currency pair as of 10-16-2024.
Optimistic target level: 6.8565
Pessimistic target level: 6.8202
US Dollar / Danish Krone (USD/DKK) Forecast 2024 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Nov | 6.8496 | 6.7674 | 6.8976 | 1.89 % |
| Dec | 6.8003 | 6.7677 | 6.8425 | 1.09 % |
USD/DKK forecast for this year
Forecast of the USD/DKK pair for Nov 2024
Forecast of the USD/DKK pair for Dec 2024
US Dollar / Danish Krone (USD/DKK) Forecast 2025 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 6.8289 | 6.7442 | 6.8685 | 1.81 % |
| Feb | 6.6923 | 6.5959 | 6.7806 | 2.72 % |
| Mar | 6.6829 | 6.5840 | 6.7217 | 2.05 % |
| Apr | 6.7110 | 6.6090 | 6.8036 | 2.86 % |
| May | 6.7727 | 6.6833 | 6.8716 | 2.74 % |
| Jun | 6.7890 | 6.7387 | 6.8610 | 1.78 % |
| Jul | 6.7713 | 6.7361 | 6.8661 | 1.89 % |
| Aug | 6.8052 | 6.7276 | 6.8787 | 2.20 % |
| Sep | 6.8637 | 6.8267 | 6.9269 | 1.45 % |
| Oct | 6.7512 | 6.6566 | 6.8160 | 2.34 % |
| Nov | 6.8673 | 6.8398 | 6.9332 | 1.35 % |
| Dec | 6.9428 | 6.9137 | 7.0150 | 1.44 % |
US Dollar / Danish Krone (USD/DKK) Forecast 2026 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 7.0456 | 6.9737 | 7.1259 | 2.14 % |
| Feb | 7.1639 | 7.1252 | 7.2227 | 1.35 % |
| Mar | 7.2585 | 7.1627 | 7.3587 | 2.66 % |
| Apr | 7.3862 | 7.3316 | 7.4483 | 1.57 % |
| May | 7.3212 | 7.2056 | 7.3652 | 2.17 % |
| Jun | 7.1865 | 7.1564 | 7.2728 | 1.60 % |
| Jul | 7.1477 | 7.0948 | 7.2621 | 2.30 % |
| Aug | 7.1663 | 7.0789 | 7.2279 | 2.06 % |
| Sep | 7.1577 | 7.0675 | 7.2450 | 2.45 % |
| Oct | 7.1720 | 7.0802 | 7.2696 | 2.60 % |
| Nov | 7.1304 | 7.0948 | 7.2003 | 1.47 % |
| Dec | 7.2303 | 7.1637 | 7.3257 | 2.21 % |