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Euro To US Dollar 2023 Forecast: 1.08 In Next 3 Months Say Rabobank
FX strategists at Rabobank anticipate a decline in EUR/USD exchange rate towards the end of 2023, with a potential shift back to the 1.08 region on a 3-month view. At the time of writing, the Euro US Dollar (EUR/USD) exchange rate is trading 0.55% lower on the day, at 1.11439. In her latest brief to clients, Jane Foley, FX Strategist at Rabobank focuses on the anticipated 25-basis points (bps) rate hike at the upcoming ECB policy meeting and the implications for the EUR/USD exchange rate. Foley contends that market participants largely anticipate the rate hike, and attention is shifting towards the prospects of the ... (full story)