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Only one of Deutsche Bank's 3 reasons to be bullish euro is performing well
Deutsche Bank's 3 "pillars' of their bullish EUR view are (in brief):
- EUR growth is turning back up, ECB terminal rate pricing continues to move higher and European equity markets are near record highs.
- US rates repricing has been very sharp, preventing a narrowing of the US-EU interest rate differential as we expected.
- China reopening trades have severely underperformed.
DB say only the first is doing well, and ask:
- The question that ne... Read More
Posted: Mar 2 2023, 02:21
Author Name: forexlive
Views: 082224