FXStreet reports that immediate economic recovery in the US is stronger than Europe but from 2021, Europe should begin to catch up on fiscal aid and trade. The euro should rise over the period as a result with EUR/USD set to reach the 1.21 by year-end, per Westpac.
“The revisions to our growth forecasts for the US and Euro Area this month highlight that momentum has accelerated more quickly in the US. A month ago we forecast 2020 year-average growth of -6.8% for the US. Now that forecast sits at -4.7%. Our comparable forecast for the Euro Area has been revised more modestly, from -8.5% to -7.6%.”
“The foundation for sustained fiscal stimulus in the Euro Area is stronger than the US, and the incidence of COVID-19 still materially lower in Europe. Further, the Euro Area has to be expected to benefit more from a global recovery in investment and consumption given the strength and breadth of their export sector. For these reasons, 2021 growth for the Euro Area has been revised up more meaningfully than in the US, to 5.4% and 3.4% respectively.”
“We have to expect that the euro will not only take back ground lost recently, but also extend these gains as the global recovery builds. Our central expectation is that EUR/USD will rise from 1.18 currently to 1.21 at the end of 2020 and then to 1.25 in late-2021, a level that should prove sustainable in 2022.”
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
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.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.