Danske Bank Forecasts Euro to Dollar Exchange Rate to Weaken to 1.03 in 12 Months
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#5fbc89c3 ver:0.66

Danske Bank predicts Euro to Dollar exchange rate to weaken to 1.03 in 12 months due to superior US fundamentals, limited EUR/USD gains, and fair value closer to parity. Other banks have mixed views, with CIBC expecting a slide to 1.05 before recovery to 1.07, and MUFG anticipating gains to reach 1.12. Q1 2024 saw a mixed performance, with the Dollar weakening due to a cooling US economy but remaining strong against inflation and interest rate hikes. Overall, a volatile year is expected for both currencies, influenced by various factors. #Forex #EuroDollar #CurrencyExchange...

#newstr #EuroToDollarExchangeRate #DanskeBank #UsFundamentals #UsEconomy #EurozoneEconomy 

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