Detail analýzy
| 09.12.2021 / Erste Group Research |
Základní informace
| Autor | Erste Group Research |
| Datum | 09.12.2021 |
| Jazyk |  |
| Název produktu | Forex News |
| Hlavní téma | Makro/Úrokové sazby, Směnné kurzy/FX |
| Zaostřeno na ekonomiku | Japonsko, Spojené Státy, Švýcarsko |
| Zaměřeno na měnu | Americký dolar, Švýcarský frank |
| Zaměřeno na sektor | - |
| Stáhnout |
EUR/USD - Correction expected The EURUSD fell to 1.12 over the course of November, but then stabilized around 1.13. We expect only one interest rate hike in the US next year, while the market expects more than two. Any retraction of interest rate expectations should lead to a correction of the EURUSD to 1.15. The recent sharp rise in new COVID-19 infections in the Eurozone has weakened the euro against the yen. At the current level, the yen is in a support area. If new infections with Covid-19 in the Eurozone ease somewhat, this could lead to a weakening of the yen in the coming weeks. In recent trading weeks, the Swiss franc strengthened further against the euro to a level of 1.04. Decisive factors included rapidly rising new infections with COVID-19, especially in Germany. In addition, the inflation differential between Switzerland and the Eurozone widened further to 3.4%, due to a historic high in Eurozone inflation in November. |
 Stáhnout PDF (246kB)
|