Home
News
Details

Danske Bank Analyst Predicts Euro to Strengthen Against Dollar in Mid-Term

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
Danske Bank analyst Al-Sarraf said the euro may outperform the dollar in the mid-term as Fed rate cuts contrast with ECB rate stability. The bank forecasts two Fed rate cuts in 2025, while the ECB is expected to hold rates through 2027. A narrowing interest rate differential and a recovering Eurozone asset market could support the euro. Traders monitoring altcoins to watch may also track the fear and greed index for broader market sentiment shifts.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.