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

Dominic Bunning, head of G10 FX strategy at Nomura International, said that consecutive European Central Bank interest rate hikes could strengthen the euro to the bank's year-end target of $1.20. Bunning made the statement during an interview on Bloomberg Television. The ECB has not announced specific rate decisions for the remainder of 2026.

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