LONDON, Nov 19 (Reuters) - The euro could briefly drop to parity against the U.S. dollar in the next month, but should strengthen later in the year and in 2025, Amundi Chief Investment Officer Vincent Mortier, said on Tuesday.
"It is very mechanical, there is a lot of demand for dollars linked to the surge in U.S. assets," he said, also pointing to U.S. growth expectations and interest rates.
"But then next year we believe the euro will strengthen again," he said.
Amundi, Europe's largest asset manager which oversees almost 2.2 trillion euros of client funds, forecasts the euro at $1.08 by year-end and at $1.16 by the end of 2025.
It was last at $1.0567.
(Reporting by Alun John and Naomi Rovnick, editing by Dhara Ranasinghe)
((alun.john@thomsonreuters.com;))
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