- Analytics
- News and Tools
- Market News
- EUR to be a poor performer this year – Rabobank
EUR to be a poor performer this year – Rabobank
The USD may be the worst performing G10 currency in the year to date, but the EUR is struggling to leverage significantly from the greenback’s softer tone. Measured since the start of February, the single currency is the second worst performing G10 currency after the USD, Rabobank's FX analyst Jane Foley notes.
EUR/USD struggles to hold on to breaks above the 1.05 level
"Although EUR/USD is trading comfortably off this year’s lows, it has struggled to hold on to breaks above the 1.05 level. A soft EUR is likely to be welcomed by European exporters. We continue to expect the EUR to be a poor performer this year."
"Although the USD’s weakness can be explained by a change in the market’s focus regarding the inflation and growth risks that face the US economy, the outlook for the EUR continues to be clouded by structural issues within the Eurozone that are hampering growth combined with fresh concerns about defence."
"The shift by US Presidential Trump on Ukraine and on European defence guarantees highlights Europe’s vulnerability on this front. We continue to see risk of EUR/USD moving lower into the middle of the year. That said, we favour selling EUR/JPY and look for a break of the EUR/JPY 155 level on a 1-to-3-month view."
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
