Rabobank Cuts EUR/USD Forecast After Drop Below 1.15
Rabobank's senior FX strategist Jane Foley says EUR/USD has fallen below the bank's prior one-month forecast of 1.15, prompting a reassessment of the pair's outlook.
EURUSD
Rabobank has revised its near-term view on the euro after the currency pair slipped below the 1.15 level, according to senior FX strategist Jane Foley.
The break below the previous one-month forecast has triggered an internal reassessment at the Dutch bank. The note did not specify a new target or the timeframe for the updated projection.
EUR/USD has been under pressure in recent sessions amid diverging monetary policy expectations and broader dollar strength.
Source: FXStreet Forex News