- Analytics
- News and Tools
- Market News
- EUR/USD set to hit the 1.12 level by year-end – Barclays
EUR/USD set to hit the 1.12 level by year-end – Barclays
The US Dollar could appreciate further in the near-term. However, economists at Barclays Research expect the greenback to ease later in the year, lifting the EUR/USD pair to 1.12 by end-2023.
Scope for further USD strength in the near-term
“The disinflation narrative is under question and the market has increased the probability of a 50 bps hike in March. The market (and the Fed) remains data dependent, and will focus on the key employment report next week.”
“Although our views are for the Dollar to normalize to fair value by end-2023 (e.g. towards 1.12 vs EUR); in the near term, the risks are for further Dollar strength.”
© 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
