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    EUR/USD to 1.0700 by Q2 – Deutsche Bank

    Source Fxstreet
    Feb 22, 2024 11:52

    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.

     

    Disclaimer: For information purposes only. Past performance is not indicative of future results.
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