HSBC forecasts EUR/USD to 0.99 by the end of 2025 ...Middle East

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HSBC forecasts EUR/USD to 0.99 by the end of 2025
source : forex live ( Middle East ) () 37
ECB board member Isabel Schnabel spoke on Wednesday, not so dovishly:mostly points to a 25 bps rate cut more than anything else as she dismissed the likelihood of moving faster by saying she would prefer something more "gradual"More here too:clearly pushing back against the aggressive rate cuts expectationsHSBC's take is similar, noting Schnabel prefers a gradual approach to interest-rate cuts. HSBC go on:“While we think the ECB will cut by 25bp in December, providing near-term support to the euro, rising unemployment indicators pose a bigger risk for 2025”**HSBC forecasts EUR/USD to 0.99 by the end of 2025. This article was written by Eamonn Sheridan at www.forexlive.com.

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