
DOLLAR OUTLOOK — BOFA
🔸 BofA sees euro at $1.20 end-2025, $1.25 end-2026 (vs $1.1620 now).🔸 Fed seen resuming rate cuts despite sticky inflation, weakening the dollar.🔸 Weak July jobs data and Fed independence concerns fuel expectations for faster/deeper cuts.The copyright of this article belongs to the original author/organization.
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