Look for:

Our offer for

Research Detail

2020/11/25 / Erste Group Research

Euro to strengthen earlier

The EURUSD is trading at the upper end of the trading range seen in recent months. The somewhat earlier improvement in the environment suggests that the euro could appreciate against the dollar earlier than we originally expected.

We expect the yen to continue its longer-term downtrend against the euro in the coming months. In the event of setbacks in the fight against the pandemic, the yen could temporarily strengthen against the euro.

Recent events suggest a dynamic recovery of the global economy in the coming year;an environment in which safe-haven assets such as the Swiss franc usually come under selling pressure. We therefore expect a gradual depreciation of the Swiss franc against the euro in the coming months.

PDF Download Download PDF (217kB)

General information

AuthorErste Group Research
Date2020/11/25
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-
Download



Decline
Accept

We use cookies and web analysis software to give you the best possible experience on our website. If you consent, these tools will be used. For more details please read our Data protection policy.

INFORMATION FOR PRIVATE CLIENTS / CONSUMERS

Any information, material and services regarding financial instruments and securities provided by Česká spořitelna/Erste Group/ or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites“) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions.

By agreeing to this hereto, the visitor entering this Websites confirms that has read, understood and accepted this Information and the Disclaimer