EUR/USD to 1.0700 by Q2 – Deutsche Bank
Source Fxstreet
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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ECB Policy Outlook for 2026: What It Could Mean for the Euro’s Next MoveWith the ECB likely holding rates steady at 2.15% and the Fed potentially extending cuts into 2026, EUR/USD may test 1.20 if Eurozone growth proves resilient, but weaker growth and an ECB pivot could pull the pair back toward 1.13 and potentially 1.10.
With the ECB likely holding rates steady at 2.15% and the Fed potentially extending cuts into 2026, EUR/USD may test 1.20 if Eurozone growth proves resilient, but weaker growth and an ECB pivot could pull the pair back toward 1.13 and potentially 1.10.
The USD/JPY pair is seen consolidating in a narrow band around mid-159.00s during the Asian session on Tuesday as traders opt to wait for the crucial Bank of Japan (BoJ) before placing fresh directional bets.
Gold price (XAU/USD) holds steady near $4,600 during the early Asian session on Wednesday. The precious metal steadies as traders await a key Federal Reserve (Fed) interest rate decision later on Wednesday.
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