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07.09.2023 / Erste Group Research

Euro with upside potential

At present, demand indicators still point to a robust US economy. However, we see indications of a looming slowdown. For us, therefore, a cooling of the US economy is likely during the coming months, which argues for a weaker dollar.

The yen's weakness can continue, provided there are no fundamental changes in the Bank of Japan's monetary policy.

The inflation differential should gradually narrow in the coming months, from which the euro should benefit at least temporarily. We therefore forecast a slight strengthening of the euro against the Swiss franc in the coming months.

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Základní informace

AutorErste Group Research
Datum07.09.2023
Jazyken
Název produktuForex News
Hlavní témaMakro/Úrokové sazby, Směnné kurzy/FX
Zaostřeno na ekonomikuEurozóna, Japonsko, Spojené Státy, Švýcarsko
Zaměřeno na měnuAmerický dolar, Euro, Švýcarský frank
Zaměřeno na sektor-
Stáhnout