EUR/USD to end the year at 1.17 – Deutsche Bank EURUSD Banks Fed ECB
“We have recently downgraded our EUR/USD forecast, implying a neutral view but with a bias to buy EUR/USD around 1.10 over Q2 and a stronger bullish view thereafter .”
“On the flipside, further Fed repricing is becoming incrementally less beneficial to the dollar, the ECB has exceeded our expectations, and Europe’s fiscal response to offset the near-term growth impact looks sizeable.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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