This is via BNP in the euro, the Fed, the ECB and more
Looking for the EUR to rise next year, citing:
- Italy will become less of an issue
- A slowing US economy
- Federal Reserve completes its hiking cycle
- European Central Bank begins its hiking cycle on approach to year eand 2019
BNP forecasts an end-2019 rate at 1.30.
- BNP nominate estimated long-term fair value of $1.34
BNP Paribas head of FX strategy Daniel Katzive (was interviewed by Bloomberg)
- "things will look a lot different in the middle of next year than they do now"
- EUR to "remain heavy" in coming weeks (citing Italy concern)
There is a video interview here on Bloomberg
