Analysts at Rabobank expect that another wave of outflows from EM into the USD will take the EUR/USD pair to potentially drop towards 1.08 in 2020 due to the trade war.
"If the US economy is weakening it can be assumed that headwinds will be blowing over the rest of the global economy."
"As we move in 2020 it remains likely that other central banks will continue to increase monetary stimulus."
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.