德商银行：即便欧元升穿1.20，欧洲央行也不应过于担心

Core Viewpoint - The euro is expected to rise above 1.20 against the dollar, but this may not pose significant issues for the European Central Bank (ECB) [1] Group 1: Euro and ECB Outlook - Analysts from Deutsche Bank predict the EUR/USD exchange rate will increase to 1.22 by year-end, up from a previous forecast of 1.20 [1] - The ECB's Vice President, Luis de Guindos, indicated that a stronger euro could be challenging, yet the ECB may tolerate further euro appreciation due to improved growth prospects [1] - The expectation of further interest rate cuts by the Federal Reserve and concerns over its independence are contributing factors to the euro's anticipated strength [1]