- Analytics
- News and Tools
- Market News
- EUR/USD: Additional upside into year-end not ruled out – SocGen
EUR/USD: Additional upside into year-end not ruled out – SocGen
EUR/USD is enjoying a decent month of November. Economists at Société Générale analyze the pair’s outlook.
10-year UST/Bund spread pegged back below 200 bps
Near-term direction is likely to depend on the reaction of US bond yields this week to the outcomes of US Consumer Price Index (CPI) and Retail Sales data.
The narrowing of 10Y UST/Bund below 200 bps and 2y2y US/EU forward spreads are supporting the Euro.
Bullish seasonality in December is one reason not to rule out additional upside into year-end.
© 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
