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Euro Expected to Stabilize After Lagarde's Exit | Markets & Money News
European bond yields are projected to decline next year, with a potential recovery in the euro against the U.S. dollar following ECB President Christine Lagarde's resignation announcement. UBS maintains that the central bank's strategy will remain unchanged, with inflation and growth influencing interest rates. They foresee a possible rate hike in December if inflation persists. Despite market volatility, UBS anticipates lower Eurozone borrowing costs ahead and forecasts the euro may rise to
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