Deutsche Bank is out with a new set of FX forecasts and has this to say:"We have been bullish on the USD throughout the year on the premise that the Fed will cut slower than other central banks and that the dollar was under-pricing the US election. The dollar’s rally in recent days is arguably in part due to the market finally starting to price a higher risk premium onthis event. We have now updated our FX forecasts to also incorporate French political developments. The main negative impact is on Europe’s long-term competitiveness and strategic autonomy irrespective of who wins. We see EUR/USD (and many other dollar pairs) staying weak below 1.10 for the next two years and always failing to
Hence then, the article about deutsche bank sees years of struggles for the euro due to politics was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Deutsche Bank sees years of struggles for the euro due to politics )