ME message, December 11th (UTC+8), Chris Turner of the Dutch International Bank stated in a report that the Euro to US Dollar (EUR/USD) is close to the two-month high reached overnight and may strengthen further. This round of increases reflects the Federal Reserve's decision to cut interest rates and the possibility of further cuts in the future. Meanwhile, the European Central Bank seems to maintain interest rates, as decision-makers are optimistic about the economic growth outlook. The market has ruled out the possibility of the European Central Bank cutting rates again, but Turner believes that betting on a rate hike in 2026 "may be premature". He noted that if US employment data is weak next week, or if the European Central Bank raises growth forecasts, the Euro to US Dollar (EUR/USD) is expected to rise to 1.18 by the end of the year. (Source: ME)