📰 EURUSD (EURUSD) Set to Soar on Weak US Dollar Despite ECB Rate Cuts, Commerzbank Forecasts
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Jul 18, 2025, 10:37 EDT
| 🔗 Source: Dow Jones Newswires
🧠 Summary
Commerzbank forecasts further EURUSD gains despite potential steep ECB rate cuts, attributing euro strength to weak US dollar policies and predicting levels of $1.20 by late 2025 and $1.25 by late 2026.
💡 Why this signal?
- The U.S. dollar strengthened due to robust U.S. retail sales and reduced expectations for Fed rate cuts, supporting a modest rise in EURUSD.
- Political uncertainty in Japan ahead of elections could weaken the yen, pushing USDJPY higher, but this does not directly impact USDCAD.
- USDCAD remains neutral as the article does not mention significant Canadian economic or trade developments that would affect this pair.
📈 EURUSD Price Trend
⏱️ Impact Timing
as soon as the news is out
👥 Competitor Impact
No competitors impacted.
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