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Goldman Sachs foresees limited upside for euro, prefers short EUR/CAD exposure

Goldman Sachs recently shared its perspective on the euro, suggesting that its upside potential is limited due to similarities in macroeconomic conditions in the eurozone and other regions. The firm believes that the divergence in market pricing between these areas should reduce over time.Interestingly, the recent data seems to slightly diverge – while inflation in the United States has remained more persistent than anticipated, it has declined at a faster rate in the Euro area. Moreover, the Un... Read More

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Content Topics

Goldman

Sachs

Foresees

Limited

Upside

Euro

Prefers

Short

Eur cad

Exposure

Forex

Posted: Jun 13 2023, 17:13

Author Name: forexlive

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