BOFA Global Research increased estimates for Euro to reach $ 1.15 at the end of 2025, because the new German fiscal package was the “Moment of Watersheds” for the currency, they said in a record issued on Friday.
European general currency is the last on $ 1,086, after rising more than 4% this week, the biggest weekly profit since early 2009. Eurusd
Bofa saw currencies continue to rise in 2026 and estimate it on $ 1.20 at the end of next year. They previously saw him at $ 1.10 at the end of 2025, and $ 1.15 at the end of 2026.
Source: Reuters