BNP Paribas target 1.06 for EUR/USD

BNP Paribas says its remaining bearish on EUR”

• ‘prior to the French parliamentary election being called we held a bearish view on the EUR’
• says that the outcome of the French election reinforces the case for EURUSD to drop ‘towards our year-end target of 1.06’
• see 1.10 in 2025

This article was written by Eamonn Sheridan at www.forexlive.com.