Via a note from RaboBank on the euro:
- expecting EUR/USD to drop to parity in Q2 of this year
Says that while the recovery in EUR/USD looks similar to 2017, during Trump’s first year, this time around the picture for the euro is more difficult, citing:
- Ukraine war
- ECB rate cuts
- lack of strong leadership in key economies of France and Germany
This article was written by Eamonn Sheridan at www.forexlive.com.
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