- EUR/USD to rise to 1.1400 as GBP/USD lifts to 1.2900 by year-end – Westpac
Market news
13 tháng 2 2024
EUR/USD to rise to 1.1400 as GBP/USD lifts to 1.2900 by year-end – Westpac
Around the turn of the year, the US Dollar (USD) tested lower but has since reversed. Economists at Westpac analyze the Euro (EUR), Pound Sterling (GBP) and Swiss Franc (CHF) against the Greenback.
CHF is expected to gain just 3.0% by end-2025
We continue to expect both EUR and GBP to gain against the USD over our forecast horizon, EUR/USD to rise to 1.1400 end-2024 and 1.1700 end-2025 as GBP/USD lifts to 1.2900 end-2024 and 1.3100 end-2025.
Having already benefited from its safe-haven status, the CHF is expected to gain just 3.0% by end-2025.
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page