EUR/USD: Clear break of the 2017 low at 1.0341 to make parity a realistic target – Rabobank EURUSD Growth Banks
at 1.03 on a one-month and three-month view. What’s more, a clear break of the 2017 low at 1.0341 would make parity a realistic target for the currency pair.may have little option but to drive the US economy into recession in 2023 in order to reclaim its inflation fighting credibility, we now expect that the USD will continue to find solid support into the medium-term as fears over global growth underpin safe haven demand. The EUR is likely to be more sensitive to recessionary fears.
“A clear break of the 2017 low at 1.0341 would make parity a realistic target for the currency pair.”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. You should do your own thorough research before making any investment decisions.
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