Well-supported dollar to drag EUR/USD below parity – Rabobank

In recent sessions, the USD Dollar Index has crept higher. Economists at Rabobank continue to expect the USD to remain well supported against a broad basket of currencies in the next months. 

GBP/USD to tumble towards 1.15

“The hawkishness of the Fed is not the only driver of the USD. It remains our view that the greenback will remain well supported in the coming months due to safe-haven demand.” 

“We see risk of another move below parity for EUR/USD in the coming months and see risk of cable moving towards 1.15.”