INTEREST RATE DIFFERENTIALS POINT TO A HIGHER EUR/USD – NORDEA

avatar
· Views 67



EUR/USD came briefly above 1.10 this week before falling to just below 1.09 today. Economists at Nordea note that the rate differentials continue to point toward a higher EUR/USD ahead.


EUR/USD to move about sideways in the near term

“Given that the ECB has had room for more positive rate surprises than the Fed, a higher EUR/USD is understandable.”


“The better outlook on the Euro Area’s energy balance also points toward a lower risk-premium on the Euro.” 


“In the short-term, we see EUR/USD moving about sideways as markets reprice expectations on both the Fed and the ECB, however, it is clear that the rate differentials continue to point toward a higher EUR/USD ahead. China's reopening also points in that direction due to a better outlook for the global economy.”

إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.

هل أعجبك هذا المقال؟ عبّر عن امتنانك بإرسال نصيحة للكاتب.
الرد 0

اترك رسالتك الآن

  • tradingContest