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2019/10/31 / Erste Group Research

Forex News | Euro on the rise

We expect the dollar to have already peaked. The improved environment speaks for a moderate firming of the euro ahead.

Currently there are increasing signs of a positive trend reversal in the global economy. In this environment, the weakness of the yen against the Euro could continue.

The recent postponement of Brexit and first positive signs of a brightening of the global economy are currently contributing to the weakness of the Swiss franc. In this environment, there is increasing likelihood of a further weakening of the Swiss franc against the euro in the coming quarters.

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General information

AuthorErste Group Research
Date2019/10/31
Languageen
Product nameForex News
Topic in focusFX, Macro/ Fixed income
Economy in focusEurozone, Japan, Switzerland, United States
Currency in focusEuro, Swiss Franc, US Dollar
Sector in focus-
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