EUR/USD to climb toward 1.15, GBP/USD to 1.28 and USD/CAD to tank toward 1.26 by end-2024 – Westpac

FXStreet Insights Team FXStreet

Economists at Westpac discuss the EUR, CAD and GBP outlook for 2023 and 2024.

Euro is expected to grind higher through 2023 and 2024

“Euro is expected to grind higher through 2023 and 2024, to USD 1.10 and USD 1.15 at the end of each year. Over the same time periods, the USD/CAD pair is similarly projected to decline to 1.29 and 1.26.”

“Sterling meanwhile will edge up to USD 1.24 then USD 1.28 by December 2023 and 2024, according to our forecasts.”

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FXStreet Insights Team

FXStreet

The FXStreet Insights Team is a group of journalists that handpicks selected market observations published by renowned experts. The content includes notes by commercial as well as additional insights by internal and external analysts.

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