EUR/USD: Remains comfortable around the 1.09 area – Scotiabank
16.07.2024, 13:44

EUR/USD: Remains comfortable around the 1.09 area – Scotiabank

Germany’s ZEW Survey for July reflected slightly weaker expectations among investors. The Euro (EUR) is trading around the 1.09 area, supported by the recent compression in short-term yield spreads, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

EUR may extend its gains to the mid-1.09s

“Germany’s ZEW Survey for July reflected slightly weaker than expected expectations among investors (41) than markets expected (41.8). The index sat at 47.5 in June. This was the first decline in the index in a year. Investor concerns likely reflect the French election and the outlook for a relatively slow pace of ECB rate cuts moving forward.”

“The Eurozone’s May Trade surplus posted a lower-than-expected surplus of EUR12.3bn in May. The data showed a surplus of EUR14.3bn with the US and a 6.8% rise in exports to the States in the year. These trends may come under more scrutiny in the months ahead. The EUR remains comfortable around the 1.09 area for now, supported by the recent compression in short-term yield spreads.”

“Spot gains stalled above 1.09 yesterday but the EUR’s undertone remains constructive and bullish intraday, daily and weekly momentum readings suggest limited scope for losses for now and may drive gains to extend to the mid-1.09s. Look for spot to remain supported on minor dips through the upper 1.08s.”

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

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.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik