BNP Paribas Forecast: EUR/USD Tipped at 1.25 by End 2026

  • From a 45-month high at 1.1830, the Euro to Dollar (EUR/USD) exchange rate has retreated to lows near 1.1560 before a recovery to near 1.1650. BNP Paribas maintains a bearish underlying dollar stance, especially given the negative international position.