March 06, 2025
Euro forecast: EUR/USD and EUR/CHF in focus amid bond market sell-off ahead of Lagarde presser
A global bond sell-off extended its run, driven by Germany’s ambitious spending plans, which are poised to reshape the eurozone’s economic outlook and has already had a sizeable impact on the euro forecast, lifting pairs such as the EUR/USD and EUR/CHF. The focus is now turning to the upcoming rate decision from the European Central Bank, before attention shifts to US labour market data as we head to the business end of the week