EUR/USD to rise to 1.1400 as GBP/USD lifts to 1.2900 by year-end – Westpac

CHF is expected to gain just 3.0% by end-2025

We continue to expect both EUR and GBP to gain against the USD over our forecast horizon, EUR/USD to rise to 1.1400 end-2024 and 1.1700 end-2025 as GBP/USD lifts to 1.2900 end-2024 and 1.3100 end-2025.

Having already benefited from its safe-haven status, the CHF is expected to gain just 3.0% by end-2025.

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FXStreet Insights Team

FXStreet

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