Within the view of economists at Nordea, the EUR/USD has extra draw back left. The pair might simply dip beneath parity within the months to return.
USD ought to do effectively due to its standing as the last word protected haven
“We consider we’re removed from a Fed pivot to dovish coverage and thus not but on the peak for the USD.”
“EUR/USD is about to fall beneath parity to backside at round 0.97 on the flip of the yr.”
“We see the US financial system doing higher than most different main economies forward. It has turn into clear that Europe and Asia pays a hefty worth to maintain the lights and heating on this winter, whereas the US will profit from its power independence. Even if you happen to don’t agree and as a substitute count on the US financial system to crash quickly, the USD ought to do effectively due to its standing as the last word protected haven.”
