Euro: Limited upside as policy diverges – Nordea
Nordea’s research suggests EUR/USD upside is constrained in coming months by interest rate differentials and relative growth. The European Central Bank is seen closer to the end of its hiking cycle than the Federal Reserve, while Eurozone data remain softer than US figures.
Nordea’s research suggests EUR/USD upside is constrained in coming months by interest rate differentials and relative growth. The European Central Bank is seen closer to the end of its hiking cycle than the Federal Reserve, while Eurozone data remain softer than US figures.
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