MUFG sees euro rallying to 1.20 against dollar by 2027 as ECB nears rate peak
EUR/USD — All Desk Targets
| Firm | Stance | YE 2027 |
|---|---|---|
Goldman Sachs | Bearish | 1.1200 |
UOB | Neutral | 1.1450 |
Citi | Bearish | 1.1000 |
From the original
Rate spread dynamics are reasserting themselves as the dominant EUR/USD driver now that Middle East risk premium has largely unwound from oil prices. A narrowing gap between US and European yield expectations, as Fed hike pricing fades faster than ECB pricing, points to scope for
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