Euro to Dollar Exchange Rate Forecast: 1.02 in Three Months, say Rabobank

STORY LINK Euro to Dollar Exchange Rate Forecast: 1.02 in Three Months, say Rabobank

The Euro (EUR) exchange rates jumped higher on Monday, but faded sharply again on Tuesday and, according to Rabobank;

“In our view, fundamental factors suggest that the EUR’s tenacity will be brief. We maintain a 3-month forecast of EUR/USD1.02.”

According to foreign currency analysts at Rabobank, the US Dollar’s (USD) inability to benefit from the firm US economic data and Middle East…
Read More