October 29, 2023 – Written by James Fuller
STORY LINK Euro to Dollar Exchange Rate Outlook: Sell at 1.0576, say HSBC Strategists
Foreign exchange analysts at HSBC remain negative on the Euro to Dollar (EUR/USD) exchange rate and recommend selling it at 1.0576 with a target of 1.0220.
Danske Bank remains negative on the Euro over the medium term with a 12-month forecast of 1.03, but sees scope for a rally to 1.0800 on a near-term view.
According to HSBC; “The main headache for the EUR is the unpleasant growth/inflation…
Read More