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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Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP face downside risk as bears regain control Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) remain under pressure on Wednesday, with the broader trend still sideways. BTC is edging below $68,000, nearing the lower consolidating boundary, while ETH and XRP also declined slightly, approaching their key supports.
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