Divergent monetary policy to see EUR/USD and EUR/CAD lower – HSBC EURUSD EURCAD Fed ECB Banks
“We believe relative central bank stories or divergent monetary policy should play an important role in FX this year, and this will be a key support for the USD this year.”
“The CAD is likely to see some near-term gains against the EUR, as the European Central Bank is likely to remain dovish, in contrast to the hawkish holds in North America.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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