Core Viewpoint - The report by Deutsche Bank analyst Volkmar Baur indicates that the euro to dollar exchange rate is likely to rise due to the European Central Bank's (ECB) current stance on interest rates, which suggests no further cuts in the near future [1] Group 1 - The ECB slightly raised its growth and inflation forecasts in the recent interest rate decision, alleviating market speculation about potential rate cuts [1] - The expectation that the Federal Reserve will lower key interest rates multiple times over the next year supports the view that the ECB's cautious approach will be sufficient to boost the euro [1]

Core Viewpoint - The OECD forecasts that the Federal Reserve will lower its key interest rate again in 2025, with two additional cuts expected in early 2026 [1] Group 1 - The anticipated interest rate cuts by the Federal Reserve may influence economic conditions and investment strategies in the financial sector [1] - The timing of these rate adjustments could impact borrowing costs and consumer spending, affecting various industries [1]