27.2 C
Kuala Lumpur
spot_img

EUR/USD to reach 1.15 by late 2023 – Deutsche Bank

Date:

Share:

Economists at Deutsche Bank see the S&P 500 at 4500 in the first half of next year while EUR/USD is likely to hit 1.15 by late 2023.

2023 should be a more positive year for Treasuries

“When it comes to financial markets, our baseline view is that the current bear market equity rally will continue for now, taking the S&P 500 up to 4500 in the first half of 2023. However, as the recession takes hold from mid-year, we are likely to see the index slumping back.”

“With the end of the Fed’s tightening cycle, and then a recession, it should be a more positive year for Treasuries, with the 10-year yield ending 2023 around its current levels at 3.65%, but bunds will underperform, in our view, with 10-year yields moving to 2.60%.”

“Finally in FX, we see a reversal in the Dollar’s upswing, with EUR/USD strongly moving back above 1.10, likely reaching 1.15 by late 2023.”

Langgan Majalah Forex Malaysia

━ more like this

China memberikan reaksi terhadap penangguhan lawatan Anthony Blinken

China berkata ia menghormati keputusan pentadbiran Biden untuk menangguhkan lawatan Setiausaha Negara Anthony Blinken ke Beijing selepas belon altitud tinggi China dikesan di ruang...

Apakah sebenarnya MyFxBook ni ?

MyFxBook adalah platform online yang memungkinkan pedagang dan pelabur forex untuk memantau dan menganalisis kinerja trading mereka. Ia menyediakan seperangkat alat yang memungkinkan pengguna...

MAJALAH FOREX MALAYSIA EDISI KE 217 SEDIA UNTUK DIMUAT TURUN PERCUMA

Majalah Forex Malaysia kembali lagi minggu ini dengan edisi ke 217.Dapatkan naskah MFM edisi ke 217 ini secara percuma sahaja!.Selamat Maju Jaya kepada semua.Kita...

Gold Price Forecast: XAU/USD could see a bumpy road to recovery toward $1,930 – Confluence Detector

Gold price is licking its wounds amid a broad United States Dollar rebound.Dovish Fed expectations, weak US Treasury bond yields could limit Gold’s downside.Gold...

Fed to deliver 25bp hikes in March and May for a peak funds rate of 5.00-5.25% – Goldman Sachs

The Goldman Sachs Research team said in its client note that it expects the US Federal Reserve (Fed) to hike interest rates by 25 basis points...
spot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here