EUR/USD Forecast: Risks Near-term Pullback, but Medium-term Dollar Weakness Still Likely

  • Rabobank forecasts EUR/USD falling back towards 1.10 in the near term on trade deal progress and short-covering in the dollar, but expects the pair to rise to 1.15 over the next 12 months as US fundamentals weaken and Eurozone fiscal stimulus builds. Jane Foley of Rabobank highlights that recent market turbulence under the Trump.