EUR/USD headed to 1.05? - BTMU

Analysts at Bank of Tokyo Mitsubishi explained that their forecast profile currently shows the low-point being in Q2 2017 at 1.0500 due in part to the assumption they make for the political risk premium to build over the period ahead.

Key Quotes:

"But our forecast also assumed a Clinton victory this week and one rate hike from the FOMC in December.

It is too soon to say with any degree of confidence how the initial phase of a Trump presidency will go but if the initial financial market response is anything to go by, there are increased expectations that the focus of policy will be on reflationary policies through tax cuts and fiscal spending that boosts economic growth."