EUR/USD: Risks to Q1-2024 target of 1.13 are tilted to the upside – Wells Fargo – by MSalordFX EURUSD Banks Currencies
and a more hawkish European Central Bank monetary policy outlook clearly offers a more supportive mix for the euro exchange rate against the U.S. dollar. With respect to our base case forecast, it is quite possible that some of the weakness we had anticipated in the EUR/USD exchange rate in early 2023 may in fact not materialize.”
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