Bank of America Global Research cut EUR/USD year-end forecast to 1.15 (from 1.25 )
Summary
By sueyangfx.com February 11, 2021 at 02:37AM BoA says there is a strong consensus against the US dollar Ths have dropped their end-2021 forecast to 1.15 from previously at 1.25 BoA citing catalysts for dollar strength:
More On Forexlive RSS Breaking News Feed
- Eurozone June trade balance €12.4 billion vs €9.3 billion expected
- Eurozone June industrial production -0.3% vs -0.2% m/m expected
- Eurozone May trade balance €9.4 billion vs €7.9 billion expected
- Eurozone May industrial production -1.0% vs -0.3% m/m expected
- ECBs Knot: Ground for Euro area recovery getting firmer and firmer
February 11, 2021 at 02:37AM
BoA says there is a strong consensus against the US dollar
Ths have dropped their end-2021 forecast to 1.15 from previously at 1.25
BoA citing catalysts for dollar strength: