Credit Agricole expects EURUSD to hit 1.05 by the end of the year.They based their call on a couple of different drivers:Even though they expect both banks to cut rates in 2024, they think the ECB will ease much more aggressive than the FOMCIf the Fed opts to use QT tapering which might require less cutsThe bank sees a plausible recession in the US, and according to their analysis the EURUSD tends to push lower on the onset of US recessions.Wider peripheral spreads in 2024 could also add pressure on the EURA Trump victory could reintroduce trade uncertainty which is expected to support the USD and pressure the EURThe bank also thinks that next week's ECB decision could add to downside for th
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