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Research Detail

2020/07/31 / Erste Group Research

Week ahead | What is moving the dollar?

The dollar has recently fallen significantly against the euro and has also lost ground against a number of other currencies. We believe that these movements were triggered by US-specific developments.

As expected, the strict containment measures in the context of the coronavirus pandemic have led to a historic drop in GDP. The initial estimate of the GDP decline in the Eurozone in 2Q is -12.1% compared to Q1.

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General information

AuthorErste Group Research
Product nameWeek ahead
Topic in focusMacro/ Fixed income
Economy in focusEurozone, United States
Currency in focusEuro, US Dollar
Sector in focus-


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