- Analytics
- News and Tools
- Market News
- EUR/USD: End-Q1 target lowered from 1.1150 to 1.0950 – Credit Suisse
EUR/USD: End-Q1 target lowered from 1.1150 to 1.0950 – Credit Suisse
Economists at Credit Suisse make forecast changes following Russia’s military action in Ukraine. They lower the expected EUR/USD Q1 range and the end-Q1 target.
Bearing down on EUR
“We lower our expected Q1 range from 1.1050-1.1600 previously to 1.0800-1.1400. We also lower our end-Q1 target from 1.1150 to 1.0950.”
“We wish to be clear that we see EUR/USD as a ‘sell rallies’ story, and we extend further our bearish stance that has now been in play since Q2 2021.”
© 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
