ABN Amro Analysts Analyze EUR/USD Outlook and Predict 1.1000 Target by End of 2024
EUR/USD Forecast Analysis by ABN Amro
In a recent analysis conducted by economists at ABN Amro, the forecast for EUR/USD by the end of 2024 stands at 1.1000. The outlook is heavily influenced by the anticipated actions of the Federal Reserve (Fed) and the European Central Bank (ECB).
Central Bank Policy and Currency Direction
Market dynamics are largely being shaped by the expectations surrounding the monetary policies of the Fed and ECB. These policies are expected to steer the course of EUR/USD throughout the year.
Conclusion: The analysts at ABN Amro are forecasting a specific target of 1.1000 for EUR/USD, highlighting the significance of central bank policies in determining the direction of the currency pair.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.