- Analytics
- News and Tools
- Market News
- EUR/USD to fall to 0.90 this winter – Nomura
EUR/USD to fall to 0.90 this winter – Nomura
Economists at Nomura expect EUR/USD to extend its slide into year-end. The pair is forecast at 0.90 this winter.
Inflation to climb further to multi-decade highs before peaking
“We expect a further rise in euro area HICP inflation in August, but expect the rise to be less sharp than previous increases. Naturally, for the market watching energy prices soar higher the question is how quickly will this feed through to CPI inflation with government subsidies making CPI inflation artificially low for now. This is why euro area producer prices may stand out more as a true reflection of price pressures and are also our preferred metric for calculating EUR’s fair value.”
“We expect EUR/USD to fall to 0.90 this winter, inflation to climb further to multi-decade highs before peaking, GDP to decline over the coming year and the ECB to first raise rates in response to higher inflation, and then cut next year as the energy-induced recession continues.”
See – Eurozone HICP Preview: Forecasts from five major banks, inflation has not yet peaked
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
