EUR/USD: Forecast for the end of 2023 lowered to 1.10 from 1.12 – ABN Amro EURUSD ECB Fed Banks InterestRate
Economists at ABN Amro have adjusted their forecasts in EUR/USD following changes in the Fed view and“As we pushed out most of the Fed rate cuts to 2024, we think there is less upside in EUR/USD in the near-term. Therefore, we lower ourof EUR/USD at 1.16 though, because of the larger amount of rate cuts we expect for the Fed compared to the ECB in 2024.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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