• EUR/USD to 1.0700 by Q2 – Deutsche Bank

Market news

22 tháng 2 2024

EUR/USD to 1.0700 by Q2 – Deutsche Bank

Economists at Deutsche Bank expect the US Dollar (USD) to remain strong over the year and forecast EUR/USD at 1.0700 in the second quarter.

Dollar to stay strong in 2024

We expect the EUR/USD pair to stay weak through 2024.

We expect EUR/USD at 1.0700 in the second quarter, but risks are skewed towards a strong Dollar, with EUR/USD revisiting 1.0500.

US election is a key driver as markets add to a USD safe-haven premium as election risks build into the second half of the year.

 

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 disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.