US Dollar should weaken later in the year – Erste Group EURUSD Fed ECB DollarIndex Banks
, arguing for continued weakening of the USD later in the year , in the opinion of economists at Erste Group Research.“For the US, it is unclear how the recent bank failures will affect lending and thus economic activity and inflation. For the ECB's monetary policy, the decisive factor will be when a slowdown in core inflation will be seen, which is also uncertain.”to move sideways for the time being, as there is no clear advantage for either currency.
earlier than the ECB. This will make the USD relatively less attractive, which argues for a continued weakening of the US currency later in the 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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