SocGen Forecast: Regime Shift for the Euro? 1.15-1.20 EUR/USD Range by Next Year

  • The Euro to Dollar (EUR/USD) exchange rate briefly tested the 1.15 level after the ECB policy decision before settling close to 1.14 as the dollar recovered slightly after the latest jobs data. Despite the dislocation from yields, SocGen does not expect significant dollar gains with a period of EUR/USD range trading before moving to a.