USD/CNY: Yuan will remain under pressure – Commerzbank
The Yuan has weakened against the Dollar by over 3% year to date.
Source: fxstreet.com
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Fed's Goolsbee on rate cuts: Market has gotten ahead of themselves on euphoria
In an interview with Fox TV early Wednesday, Federal Reserve Bank of Chicago President Austan Goolsbee said that the “market has gotten ahead of themselves on euphoria” on likely interest rate cuts.
Source: fxstreet.com
EUR/USD: Limited scope to advance in H1 – MUFG
Economists at MUFG Bank highlight EUR upside limits. Weak growth and a faster drop in inflation and ECB rate cuts to weigh on EUR Inflation has dropped markedly in the Eurozone.
Source: fxstreet.com
EUR/USD to rise to 1.15 and 1.18 by the end of 2024 and 2025, respectively – BNP Paribas
The Dollar has significantly retreated from its highs. Economists at BNP Paribas analyze Greenback’s outlook against the Euro and the Yen.
Source: fxstreet.com
EUR/USD to trade at lower levels on a 6-12M horizon – Danske Bank
EUR/USD has received support on the back of a dovish Fed and the ECB delivering push-back on rate cut expectations.
Source: fxstreet.com