📝EUR to Bounce Back to 2014 Levels: Deutsche Bank

Sees the euro moving above $1.20 and eventually $1.30. It may take months, it may take two or three years to get there. As you have to price in even more Fed hikes, that’s going to challenge the growth narrative, and it’s really going to lead to a slowdown in inflows into the U.S. The question remains for how long can the ECB take Europe out of negative rates. Negative rate have been the single most important drive of a weak euro over the last decade. - Deutsche Bank Global Head of Foreign Exchange