- Analytics
- News and Tools
- Market News
- EUR/USD: Limited upside scope from here into year-end – MUFG
EUR/USD: Limited upside scope from here into year-end – MUFG
Economists at MUFG Bank see limited upside scope for EUR/USD from here into year-end.
EUR upside limited from here
“ECB is set to signal more rate hikes but we expect terminal rate to be reached in Q1.”
“There is a high expectation of balance sheet policy being updated with confirmation of QT commencing so it is unlikely to have much bearing on EUR performance.”
“Given annual inflation may have only just peaked in the euro-zone, the tone of the ECB press conference is likely to still be hawkish but with the implied terminal rate at around 2.75%, we doubt rates or FX will advance notably higher in the aftermath.”
© 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
