Danske Bank Sees Euro at $1.22 Within 12 Months
Danske Bank analyst Kirstine Kundby-Nielsen discusses euro-dollar moves in light of recent geopolitical developments such as Germany's plan to invest more in defense and US President Donald Trump's tariffs announcement. "We expect the move in euro-dollar to 1.22 in a 12 month horizon," Kundby-Nielsen tells Bloomberg Television. "This largely reflects also some of the moves that we already have seen in terms of that Europe is in many ways becoming a viable option for investors."
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