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."
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