Bank of America predicts Euro-Dollar drop Q3

Bank of America expects the EUR/USD pair to decline in the third quarter of 2026, supported by strong US economic data and short-term rising oil prices which bolster the dollar. The pair is anticipated to decline after the end of the third quarter as oil prices fall and markets absorb the Federal Reserve's interest rate hikes, without specifying target price levels. The EUR/USD pair is one of the most traded currency pairs in the global markets.

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