TD expect EUR/USD to barely avoid parity, forecast a drop to 1.01

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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

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