All forecasts and opinions on 10 December 2019

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10.12.2019
An increasing number of banks see euro surging in 1Q2020 to almost $1.16. Strategists bet on Brexit resolution by the end of January 2020 as a major driver for European currency along with stabilizing economy. ABN Amro Bank NV and Commerzbank AG are seeing euro at $1.14 by March 2020, Morgan Stanley bulls euro to $1.16 in 1Q2020. The currency is seen rising to $1.12 by March before a steady ascent to $1.16 by the end of 2020, up from around $1.1065 now, according to Bloomberg survey. Indeed euro is seen stronger as of today with recovery signs in leading European economies.
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