BNP Paribas says its remaining bearish on EUR"

  • 'prior to the French parliamentary election being called we held a bearish view on the EUR'
  • says that the outcome of the French election reinforces the case for EURUSD to drop 'towards our year-end target of 1.06'
  • see 1.10 in 2025
euro note wallet 01 April 2024  2