Pantheon Macroeconomics

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25th Apr 2023 15:37Eurozone, Daily Monitor

  • A U.S. recession and a narrowing Fed-ECB rate dif- ferential point to further strength in EURUSD.
  • Interest rate differentials alone point to EURUSD soaring to 1.30 and beyond...
  • ...But political uncertainty data are more tempered; we see EURUSD at 1.15 by the end of Q2.

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Keywords for: 26 Apr 2023 Eurozone Monitor

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