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EUR/USD seen as high as 1.14 in coming weeks

MUFG on the euro, projecting 1.07 / 1.14 range in the weeks ahead, eyeing "breaking above the 1.1000 level on a more sustained basis".MUFG reasoning includes:The EUR has continued to outperform other G10 currencies. The EUR is benefitting from the easing of last year’s negative terms of trade shock. The incoming economic data flow from the euro-zone is continuing to surprise to the upside although not as strongly as at the start of this year.Fears over a sharper growth slowdown have also been ea... Read More

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Eur

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Seen

High

14 Coming

Weeks

Eur usd

Forex

Posted: Apr 23 2023, 23:11

Author Name: forexlive

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