According to the latest currency forecast update by Rabobank, the Euro (EUR) is tipped to decline lower than previously estimated against the US Dollar (USD) in the forthcoming months. The foreign exchange analysts projected that after already surpassing the previous target of EUR/USD1.06, the Euro to Dollar exchange rate (EUR/USD) could drop to as low as 1.02 in the next three months, potentially lingering at these lower levels throughout 2024. Comparing this prediction with today's exchange rate of 1.06019, investors holding the Euro (EUR) might experience considerable losses if Foley's prediction materialises. ... (full story)