EUR/USD pushes through 1.10. Economists at Scotiabank analyze the pair’s outlook.
EUR/USD needs spread support for stronger advance
Short-term EZ-US rate spreads have narrowed over the past week, with the 2Y spread reaching –155 bps, supporting EUR gains. But spreads will have to narrow further still to lift the EUR meaningfully and make a run above the 1.11 zone. Soft US inflation data may be the catalyst.
EUR/USD is within reach of the 1.1095 April high but there is little reason to expect spot gains to stop there. A push higher to 1.12/1.13 is a growing risk.
風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。
喜歡的話，讚賞支持一下
暫無評論，立馬搶沙發