Click below to read AIB's latest AIB's Forex and Interest Rate Outlook for December 2024 ...
December 2024 Forex and Interest Rate Outlook
World economy continues to exhibit uneven growth. US remains an outperformer, with signs of weakening growth in the Eurozone.
Core inflation remains sticky in most markets, particularly the UK, with risks still tilted to the upside for inflation.
Central banks have initiated rate cutting cycles, and will continue on a cautious downward trajectory in 2025.
Main currency pairs exhibiting some volatility post the US election. Dollar likely to hold most of the gains in the near term, but could lose some momentum later in 2025.
Political uncertainty in France and Germany also likely to weigh on the Euro in the coming months, risks to the downside for our euro forecasts.
