Tuesday , 26 November 2024
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Rabobank look for EUR/USD to parity

A note from RaboBank argues for EUR/USD to parity by mid 2025. Citing:

  • Trump expected to implement trade tariffs, which would negatively impact eurozone economies, particularly Germany’s
  • German exporters would thus “almost certainly welcome a softer euro”
  • this could raise further calls for the European Central Bank to continue lowering rates
  • Trump’s planned tariffs and tax cuts could lift inflation and limit Federal Reserve rate cuts
  • Fed could halt policy easing after the January

Link to a quick interview is here: Rabobank’s Foley Sees Euro-Dollar Being Pulled Lower

This article was written by Eamonn Sheridan at www.forexlive.com.

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