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28 Mar 2023

EUR/USD: The bigger-picture direction remains upwards – Nordea

It has been quite a turbulent ride in EUR/USD lately. Economists at Nordea expect the pair to grind higher. 

USD could be stronger if we get a new global turndown

“While the USD usually benefits during turbulent times, it has been hurt by the lower rate differential.”

“Given our latest views on the Fed and ECB, we believe the ECB needs to do more from here to bring inflation under control, pointing to a higher EUR/USD ahead. Uncertainty is markedly high though, if we get a new global turndown, the USD could be stronger than we expect.”

 

Mar 28, 2023

US: CB Consumer Confidence Index improves to 104.2 in March from 103.4 in February

Consumer sentiment in the US improved modestly in March with the Conference Board's Consumer Confidence Index edging higher to 104.2 from 103.4 in Feb
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Mar 28, 2023

Seasonal trends are just about to turn less favourable for the USD – Scotiabank

Economists at Scotiabank expect the US Dollar Index to sustain losses in April, which could extend into the third quarter. April is the worst month of
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