EUR/USD to rise from historical low levels amid weaker Dollar – Nordea EURUSD Banks Growth
“In the short-term, we believe EUR/USD is bound for a slight pullback, rather than a quick trend reversal for a higher EUR/USD. Key to our thinking is that downside risks prevail in financial markets, which will benefit the safe haven USD.”
“We expect the USD to keep its shine in the short-term, but once investors focus on weakening growth and its impact on inflation, we expect EUR/USD to rise from historical low levels this year.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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