EUR/USD continues to erase the NFP gains as focus remains on the US CPI data. What's next?
FUNDAMENTAL OVERVIEW USD: The US dollar came under some pressure in the final part of last week following the US NFP report. The data wasn’t bad, but it was enough to trigger a slightly dovish repricing in interest rate expectations. The chances for a July hike are now standing a
EUR/USD — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
Goldman Sachs | Bearish | 1.1200 |
MUFG | Bullish | 1.1800 |
J.P. Morgan | Bearish | 1.1300 |
All 30 desk targets for EUR/USD
Desk synthesis pending
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