Nomura forecasts stronger euro amid potential back-to-back ECB interest rate increases

Nomura Says Back-to-Back ECB Hikes Could Boost Euro in Q4

The possibility of back-to-back interest rate hikes by the European Central Bank could lift the euro, helping it hit Nomura International’s year-end target of $1.20, Dominic Bunning, head of G10 FX strategy, says during an interview on Bloomberg Television. (Source: Bloomberg)