Danske Bank Forecast: Sell Dollar Rallies, 12-Month EUR/USD Forecast at 1.20

  • The Euro to Dollar (EUR/USD) exchange rate is currently trading around 1.1435 after failing to break above 1.15 last week. Despite scope for limited short-term gains, Danske Bank maintains a negative stance on the US dollar, especially given expectations of long-term capital flows away from US assets.