Bofa maintains a There is a prospect of short-term weakness, but a prospect of medium-term recovery. They are Don't expect equalitybut the pair may float lower Before gathering at 1.10 by the end of the year– The above consensus. and EUR/USD already with forecasts of mid-1.05 from the scheduletheir broader view remains unharmed: USD intensity lasts in the first quarter, but fades on H2 2025.
Key Points:
Weaknesses of short-term EUR/USD
- USD is widely supported through Q1.
- EUR/USD can face additional pressure, but you need to stop anything other than parity.
Gradual EUR/USD recovery in the second half of 2025
- Depreciation of US dollars expected in H2 As global growth stabilizes.
- EUR/USD is projected to rise towards 1.10 by the end of the year.
- This prediction exceeds consensus expectations.
Prediction timeline
- The 1.05 medium-term target was reached early-But the view does not change.
- Hoping for even closer EUR/USD weaknesses before recovering in the second half of 2025.
Conclusion:
Bofa looks Limited downsides of EUR/USD in the near future Before a Stronger rebound in H2 2025. Parity is unlikelyand they Expect a year-end gathering on 1/10,suggestion Euro shorts could be exhausted later this year.
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