Euro-to-Dollar FX Forecast: "A move in EUR/USD to 1.20 seems reasonable" says SocGen's Juckes

  • Societe Generale's Kit Juckes expects a structurally weaker US dollar over time, citing the economic drag from tariffs, shifts in global reserve preferences, and a stronger Eurozone fiscal outlook as key drivers of an eventual EUR/USD move to 1.20. "Our FX forecasts assume that there is some damage to US growth from the President's.