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fxJun 18, 2026, 11:17 AM

Rabobank: Euro Recovery Seen but Forecasts Below Consensus

Rabobank's FX Strategy report notes that the euro played a key role in last year's EUR/USD rally, supported by Germany's looser debt brake and improved European growth outlook, but their forecasts remain below consensus.

EURUSD

Rabobank's FX Strategy report highlights that the euro was a major driver of the strong EUR/USD rally last year. The move was supported by Germany's decision to loosen its debt brake and an improving growth picture for Europe.

Despite this recovery, Rabobank's forecasts for the euro are still below the broader consensus among analysts. The bank suggests that while the euro has room to strengthen, the pace may be more moderate than market expectations.

No specific price targets or timeline were provided in the summary.

Source: FXStreet Forex News