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Forex news -forex broker review => Forex => Topic started by: forex4you on Nov 19, 2024, 05:57 am

Title: TD expect EUR/USD to barely avoid parity, forecast a drop to 1.01
Post by: forex4you on Nov 19, 2024, 05:57 am
TD expect EUR/USD to barely avoid parity, forecast a drop to 1.01

A note from TD assessing the implications of the expected Trump tariffs and what it means for EUR/USD:

  • Trump's tariffs will have a significant impact on the eurozone economy (not a positive one!)
  • euro zone has limited engines of growth
  • economic policy uncertainty running high across Europe
  • ECB is expected to cut interest rate more than the Federal Reserve does
  • market could price in further eurozone-U.S. monetary policy divergence

TD forecast 1.01 for EUR/USD in Q2 2025.



                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: TD expect EUR/USD to barely avoid parity, forecast a drop to 1.01 (https://www.forexlive.com/centralbank/td-expect-eurusd-to-barely-avoid-parity-forecast-a-drop-to-101-20241118/)

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