Research Detail
| 2023/09/07 / 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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General information
| Author | Erste Group Research |
| Date | 2023/09/07 |
| Language |  |
| Product name | Forex News |
| Topic in focus | FX, Macro/ Fixed income |
| Economy in focus | Eurozone, Japan, Switzerland, United States |
| Currency in focus | Euro, Swiss Franc, US Dollar |
| Sector in focus | - |
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