📢 EUR/USD is at risk of dropping back to the 1.10 level in t...

📢 EUR/USD is at risk of dropping back to the 1.10 level in the coming weeks, warns Rabobank analysts. 👇

The potential decline could be driven by:

🔹 Expectations that the ECB will cut rates later this month, putting pressure on the Euro.

🔹 USD strength due to its status as a safe-haven amid global economic uncertainties.

🔹 Faster US growth compared to the Eurozone.

🔹 Structural concerns in the Eurozone, such as French budget risks, adding more pressure on the Euro.

Keep an eye on the 1.10 level — it’s a critical psychological point that could attract the attention of major players! 🔍📊

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