Euro bears haven't been this aggressive since the Covid pandemic, but is the trade getting too crowded?
The euro certainly isn't winning any popularity contests these days. A fragile growth outlook alongside surging energy prices and growing fiscal concerns in France has left traders with little reason to cheer for the single currency. And judging by the latest CFTC positioning dat
EUR/USD — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
UBS | Bullish | 1.1600 |
Scotiabank | Bearish | 1.0900 |
MUFG | Neutral | 1.1200 |
All 32 desk targets for EUR/USD
Desk synthesis pending
We’re writing the institutional analysis for this note — multi-section body, firm-by-firm alignment chips, key takeaways, market implications, risks. The synthesizer processes the queue hourly, with priority by citation density.
In the meantime, the most useful reads are the related coverage below — it reaches the same substance from different angles.
Sources & References
How we cover this story
Related news on this pair
EUR/USD Weekly Forecast: Hawkish Fed likely to push the US Dollar even higher
Fed hawkishness on inflation risks re-anchoring USD demand; EUR/USD 1.10 level breach signals momentum toward 2025 lows without fresh ECB stimulus signals.
EUR/USD remains depressed amid mixed Eurozone data and a hawkish Fed
Rising UST yields and hawkish Fed expectations are driving USD strength while Eurozone data deterioration leaves EUR without countervailing support.
EUR/USD: Political risks tilt against Euro – Commerzbank
US political gridlock reduces dollar-weakness risk from unilateral easing, while French election uncertainty and eurozone debt concerns create EUR/USD headwinds.