The relative fundamental divergence ahead remains more EUR/USD supportive – MUFG EURUSD ECB Inflation Eurozone Banks
hikes at the next two meetings even as inflation shows signs of easing which should be EUR supportive.”
“But we maintain our assumption that growth in Germany and the Eurozone shows some modest rebound which will contrast to the deceleration in US economic activity as we move toward recessionary conditions by year-end.”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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