ME News Message, December 19 (UTC+8), Danske Bank analyst Al-Saraf stated that due to the Federal Reserve's interest rate cuts while the European Central Bank keeps rates unchanged, the euro against the dollar may strengthen in the medium term. Danske Bank expects the Federal Reserve to cut rates again twice in March and June next year. The bank anticipates that the European Central Bank will maintain rates unchanged throughout 2026 and 2027. Saraf pointed out that the difference in inflation-adjusted real interest rates between the US and the Eurozone may narrow, which would benefit the euro. He noted that the recovery of the European asset market, increased hedging against the risk of a weaker dollar, and declining confidence in US institutions may also boost the euro. (Source: ME)