Standard Chartered Forecasts EUR/USD Vulnerability Amid ECB Cuts
Standard Chartered anticipates potential weakness for the Euro to Dollar (EUR/USD) exchange rate, predicting a retreat from the 1.1500 level to below 1.14. Disinflation pressures within the Eurozone could lead to significant declines, with a target forecast of 1.1250 for the pair. Traders should prepare for possible market shifts.