- Analytics
- News and Tools
- Market News
- EUR/USD to slump if some of expected rate hikes by the ECB are priced out – ABN Amro
EUR/USD to slump if some of expected rate hikes by the ECB are priced out – ABN Amro
Economists at ABN Amro expect the European Central Bank (ECB) to disappoint markets while the Federal Reserve (Fed) is set to meet market expectations. Therefore, the EUR/USD pair should extend its decline.
Outperformance of the US economy to have a downward effect on EUR/USD
“Our views of the Fed are roughly priced in by the market but our view on the ECB is for less aggressive monetary policy tightening than financial markets now expect. If some of the expected rate hikes by the ECB are priced out, the euro will likely decline.”
“The outperformance of the US economy compared to the eurozone economy should also have a downward effect on EUR/USD.”
© 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
