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FX.co ★ Forecast for EUR for 2025: The darkest days of winter are behind us

Forecast for EUR for 2025: The darkest days of winter are behind us

ECB: “The darkest days of winter are behind us," ECB President Christine Lagarde declared with optimism recently. However, she was not referring to the season but rather to the inflation situation in the eurozone.

According to her, the baseline scenario now supposes further rate cuts. The eurozone's refinancing rate was lowered to 3.15% last week, so the euro is doomed to weakness against the US dollar.

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