Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

International Netherlands: If the Fed cuts rates three times in 2025, Europe and the US may rise to 1.2 by the end of the year.

According to Jin10 data on September 15, analysts at ING stated in a report that driven by expectations that the Fed may begin to cut interest rates three times in a row starting Wednesday in 2025, the euro to dollar exchange rate could rise from the current level to 1.2 dollars by the end of the year. The analysts said: “Seasonal factors such as U.S. corporate tax payments may support dollar buying in September, but starting in October, with the Fed cutting rates by 75 basis points this year, the dollar should fall.” They pointed out that although the European Central Bank is likely to have ended its rate-cutting cycle, whether the euro can rise still depends on the overall weakness of the dollar.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)