Rabobank search for EUR/USD to parity
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A notice from RaboBank argues for EUR/USD to parity by mid 2025. Citing:
- Trump anticipated to implement commerce tariffs, which might negatively impression eurozone economies, notably Germany’s
- German exporters would thus “nearly actually welcome a softer euro”
- this might increase additional requires the European Central Financial institution to proceed reducing charges
- Trump’s deliberate tariffs and tax cuts might raise inflation and restrict Federal Reserve price cuts
- Fed might halt coverage easing after the January
Hyperlink to a fast interview is right here: Rabobank’s Foley Sees Euro-Greenback Being Pulled Decrease
This text was written by Aaron Cutchburt at www.ubaidahsan.com.
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