Perplexity Finance
EURDZD
EUR/DZD
·
EURDZD
Change
Financial Profile
Prev Close
$150.68
Day Range
$150.32 - $151.12
Open
$150.65
52W Range
$137.18 - $151.40
Latest News
Euro Shows Modest Decline Against Algerian Dinar Amid Bearish Outlook
The euro is trading near 149.59 DZD, with forecasts suggesting a slight drop to 148.12 DZD by late October 2025. Technical indicators point to a bearish sentiment, while recent trading sessions show mild volatility. Investors may see limited returns, with a projected 2.99% ROI over the next four months.
Recent Data Points to Continued Weakness in Algerian Dinar Versus Major Currencies
Algerian dinar slipped 0.20% against the US dollar to 132.51 and remains under pressure versus the euro, with EUR/DZD recently above 150. Economic forecasts expect further depreciation, potentially reaching 135.42 DZD per USD in a year, reflecting ongoing macroeconomic challenges and inflationary pressures in Algeria.
Gold Gains Favor as Euro Touches $1.16, Oil Prices Surge Amid Geopolitical Tensions
Gold prices have strengthened, with the euro hitting $1.16 against the dollar. Rising oil prices and escalating geopolitical risks are driving investors toward safe-haven assets like gold, as central banks show a preference for bullion over the euro. Market volatility remains high as uncertainty persists.
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