- Analytics
- News and Tools
- Market News
- Relative inflation outlook heavily favors the USD versus the EUR - Nordea
Relative inflation outlook heavily favors the USD versus the EUR - Nordea
eFXdata reports that Nordea Research adopts a structural bearish bias on EUR/USD.
"The relative inflation outlook also heavily favours the USD versus the EUR, likely as it hints of a growing policy divergence between the Fed and the ECB. The Fed will be faced with a super tight labour market maybe already before New Year’s, which could lead to accelerating wage growth. Some of the dynamics that we will see inflation-wise in the US will look almost “late-cyclical” during 2022-2023, which also leaves a clear possibility of a hiking cycle being launched in the second half of 2022 with several hikes to follow in 2023. We expect the first hike from the Fed in September 2022, followed by another three hikes in 2023," Nordea adds.
© 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
