others
EUR/USD to dip to 1.05 on a three-month view – Rabobank – Crypto News
Dollar has started 2024 on the front foot. Economists at Rabobank analyze EUR/USD outlook for the coming months.
EUR to perform poorly in the months ahead
Despite this year’s adjustment in market pricing, in our view, investors are still too optimistically positioned for Fed rate cuts. The market currently sees scope for a 64 bps reduction in the Fed funds target on a 6-month view. We expect further correction in this outlook and consequently expect the USD to see some support on a 1-to-3-month view.
Additionally, we expect the EUR to perform poorly in the months ahead largely on the back of weakness in the German economy.
We see scope for EUR/USD to dip to 1.05 on a 3-month view before the impact of Fed rate cuts boosts risk appetite and weakens the USD in the second half of the year.
-
De-fi2 days agoHow the “buy, borrow, die” tax trade is quietly loading DeFi pools with hidden credit risk – Crypto News
-
Technology2 days agoWhile Big Tech chased AI, Apple built something else – Its biggest product wave yet | What’s coming in 2026 and beyond – Crypto News
-
Cryptocurrency5 hours agoOpenAI’s GPT-6 Astra Is Shockingly Good at Almost Everything – Crypto News