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2025-11-03 22:45:47
[Rabobank: Risks of Eurozone Economic Slowdown Will Impact Euro] Jane Foley of Rabobank noted in a report that the risks of a slowdown in Eurozone economic growth will impact the euro. "Rabobank Research suspects that the negative impact of US tariffs has not yet fully manifested in Europe," she said. Given that speculators bet on a stronger euro earlier this year due to increased German fiscal stimulus, the possibility of a stronger euro remains, as German economic growth remains near stagnation. Rabobank is "increasingly pessimistic" about the euro potentially rising to $1.20 next spring. The bank will revise its forecast after the release of US economic data delayed due to the government shutdown.
