EUR could rise to 1.15 against USD if EU stimulus comes through: NAB

Ray Attrill of the National Australia Bank says the U.S. dollar will weaken due to the compression in yield spreads between U.S. treasuries and other government bonds. He also says the Euro is undervalued relative to the dollar in the medium-term, and expects the Euro to get a boost if EU can deliver the coronavirus stimulus.
Sun, Jun 21 20209:53 PM EDT