- Analytics
- News and Tools
- Market News
- Bullish USD vs EUR - Credit Agricole
Bullish USD vs EUR - Credit Agricole
"We remain broadly bullish on the USD, as the dollar should benefit from both its traditional safe haven credentials as well as an attractive growth profile, at least by the low standards of many other G10 economies.
With most of the USD gains against the GBP already in place, we are shifting our focus towards potential USD outperformance versus the EUR, which faces significant EU political and banking sector headline risk, as well as the commodity-bloc currencies that are only starting to feel the negative global economic repercussions of Brexit.
The week ahead will be light in terms of US economic data until the June retail sales report on Friday".
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
