EUR/USD will continue to struggle in 2023, diving to 0.98 – Danske Bank EURUSD Banks
has continued its move higher. Economists at Danske bank shift their forecast profile upwards and now expect the pair to move lower to 0.98 in 6-12 months .“We stick to our long-held bearish view on EUR/USD. As we see it, EUR will continue to struggle in 2023 for many of the same reasons it struggled in 2022. We have revised higher our forecast profile though and now expect EUR/USD to fall to 0.98 in 6M-12M vs. 0.95 and 0.93 last month.
for Euro Area economy and support EUR. Another place to look is China. A faster end to Covid restrictions would support the Chinese economy and benefit the Euro Area and EUR.” Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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