According to Jin10, Societe Generale analyst Kit Juckes said in a report that U.S. economic resilience supports further dollar gains, and he kept his year-end EUR/USD target at 1.10. He said strong U.S. inflation and better-than-expected retail sales and GDP data outweighed potential longer-term risks from tighter fiscal policy and increased congressional scrutiny of AI. Storm clouds may be gathering in the distance, but the U.S. economy continues to outperform most other economies.
