EUR/USD: Is moving to parity probable? – Rabobank
23.10.2024, 10:49

EUR/USD: Is moving to parity probable? – Rabobank

The current resilience of the US economy is in stark contrast to that of Germany. The extent of the vulnerability of the EUR next year under either a Trump or a Harris presidency will depend on how dovish the ECB becomes, Rabobank’s FX analyst Jane Foley notes.  

Parity is within the realm of possibilities

“The ECB is mandated to target inflation. However, there are signs that growth concerns have spread within the Governing Council. Yesterday, the IMF forecast no growth for Germany this year, following a -0.3% contraction in 2023. Germany’s government expects economic activity to contract by -0.2% this year.”

“This suggests that Germany is on course for being the weakest economy in the G7 for the second consecutive year. The IMF point to the weakness in manufacturing in both Germany and Italy. German exporters face a weak China, the ongoing impact of the energy transition and an ageing demographic which has shrunk the pool of available labour.”

“The latter, however, is inflationary. In view of economic headwinds, we would expect that many German exporters would welcome further softening in monetary conditions and a lower value for EUR/USD. It would appear that parity is within the realm of possibilities. We will revise our forecasts in early November.”

© 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