ABN AMRO’s Invoice Diviney expects the US Greenback to weaken broadly however notes barely much less upside for EUR/USD after revising the financial institution’s ECB outlook and incorporating French and US election dangers. With the ECB seen delivering yet another hike and the Fed staying extra dovish than markets, ABN AMRO now initiatives EUR/USD at 1.18 for 2026 and 1.23 for 2027.
Euro positive factors tempered by election dangers
“We nonetheless count on the US greenback to weaken extra broadly.”
“Nevertheless, we’ve made a modest adjustment to our EUR/USD forecasts due to two developments.”
“Taken collectively, these elements level to barely much less upside for EUR/USD this yr and subsequent yr.”
“Our new year-end forecast is 1.18 for 2026 and 1.23 for 2027.”
(This text was created with the assistance of an Synthetic Intelligence software and reviewed by an editor.)
