- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- It is unlikely to be an easy ride for USD bears – Rabobank
It is unlikely to be an easy ride for USD bears – Rabobank
The euphoric market reaction to Tuesday’s release of softer-than-expected US CPI inflation data is now set to be re-examined. Economists at Rabobank analyze USD outlook.
EUR bulls will likely run into headwinds over the coming months
Headwinds to Chinese growth, combined with the prospect of a recession in the US early next year and the possibility that the Eurozone is already in a recession have been viewed by us as hurdles to risk appetite and therefore supportive factors for the USD. Early Fed rate cuts combined with a less negative outlook for Chinese growth would counter this view and undermine the value of the USD. However, it is unlikely to be an easy ride for USD bears.
It is very likely that Fed officials will retain a cautious view on policy for now. Also, while Chinese data may be showing more sparks of life, weak foreign investment data in the country suggests that it might be a while before optimism broadens. Additionally, weak growth in the Eurozone suggests that EUR bulls will likely run into headwinds over the coming months. The German economy is mired in stagnation suggesting that the EUR could also be bounced around by rate cut speculation in the weeks ahead.
US CPI data means that our three-month forecast of EUR/USD 1.02 appears a long way away. We will be watching economic data and the reactions of policymakers closely in the coming weeks in order to evaluate this view.
© 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.
Банковни транcфери
