Societe Generale’s Kit Juckes said the euro’s decline against the U.S. dollar may at least slow, after the currency pair fell to a one-year low of 1.1324.
According to ChainCatcher, citing a report referenced by Jinshi, the move has been driven by rising expectations of U.S. Federal Reserve interest-rate hikes and reduced market bets on further European Central Bank tightening.
Juckes noted that the euro has dropped below the 1.14 to 1.2 range where it traded for most of the past year, a shift he said could limit additional downside.
Societe Generale’s Juckes Says Euro’s Decline Against Dollar May Slow After Hitting 1.1324 Low
2026-06-24 13:23:58
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