Westpac says dollar's structural headwinds outweigh recent resilience, see EUR/USD and GBP/USD higher
Westpac's framing treats the dollar's choppy but ultimately flat month, ranging as much as 0.5 points higher before ending 1.5 points lower at 99.5, as a market still undecided rather than genuinely resilient, particularly given it held those levels despite an elusive Iran deal a
EUR/USD — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
Société Générale | Bearish | 1.1400 |
Scotiabank | Bearish | 1.1200 |
Commerzbank | Bullish | 1.2200 |
All 30 desk targets for EUR/USD
Desk synthesis pending
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