In the past few days, EUR/USD has travelled from a recent high around 1.0694 back to the 1.0540 area. Economists at Rabobank analyze the pair’s outloo
k. USD to remain well-supported The USD will likely continue to be buffered by the movement in US yields in the weeks ahead. That said, we would expect any surge in safe-haven demand to benefit the USD, even if this also drives down treasury yields.
Despite the anticipated efforts by the ECB to promote a higher for longer outlook for European rates, in our view, the weakness of the Eurozone economy suggests scope for further downside pressure on the EUR. We maintain a forecast of EUR/USD 1.02 on a three-month view.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
EUR/USD Forecast: Resurgent US Dollar demand aims for a bearish breakoutThe EUR/USD pair flirted with the 1.0700 threshold on Tuesday as investors shrugged off war-related concerns and demanded high-yielding assets. Asian
Baca lebih lajut »
EUR/USD Price Analysis: Immediate resistance turns up at 1.0700EUR/USD sparked a meaningful corrective decline after hitting monthly highs just below the 1.0700 barrier earlier on Tuesday. In case bulls regain the
Baca lebih lajut »
EUR/USD slumps below 1.0600 as US bond yields rise, EU’s data disappointsEUR/USD reverses its course at the 50-day moving average (DMA) and slides below the 1.0600 psychological level as Treasury bond yields in the United S
Baca lebih lajut »
EUR/USD holds below 1.0600 amid stronger USD, eyes on ECB’s Lagarde speechThe EUR/USD pair holds below the 1.0600 mark after retracing from near 1.0700 during the early Asian session on Wednesday. The sell-off of the major p
Baca lebih lajut »