Danske Bank Forecast: Seismic US Shift to Dent Dollar, EUR/USD 12-Month Target 1.22

  • In its last full update, Danske Bank forecast that the Euro to Dollar (EUR/USD) exchange rate would weaken to 1.06 on a 12-month view. The bank shifted its view in an interim update and there has been a further notable change in the latest full update with EUR/USD now forecast at 1.22 on a 12-month view.