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EUR/USD remains flat for the year. Economists at Bank of America analyze the pair’s outlook.
As long as global and especially US inflation remain high, EUR/USD is likely to stay weak, with further downside potential during the inevitable hard landing.
A sustained rally in EUR/USD would require a shift in the Federal Reserve's stance, while for now, the carry trade is also exerting downward pressure on the EUR.
While non-USD EUR crosses can remain strong, further upside may be limited. In the long term, EUR strength will depend on the ECB's increasingly difficult commitment to the inflation target compared to the rest of the G10.
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
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