🇪🇺#EUR #fx #short #markets
FT -CFTC: investors are running the biggest bearish bets against EUR

🇪🇺#EUR #fx #forecast #opinion
Nomura: EUR will tumble to $0.95 by the end of August, or even further to $0.90

Citi: sees EUR between $0.90 and $0.95
—————
early: investors bet against EUR

⚠️🇪🇺#EUR #fx #markets
BBG: EUR/USD is hanging on just above 1
———————-
hedge fund EDL is targeting EUR/USD = 0,8

Nomura: EUR will tumble to $0.95 by the end of August, or even further to $0.90

Citi: sees EUR between $0.90 and $0.95

🇪🇺#EUR #fx
EURUSD = $1

⚠️🇪🇺#EUR #fx

EURUSD < 1

🇪🇺#EUR #fx #forecast
Goldman bullish on EUR

⚠️🇪🇺#EUR #fx #europe #economy
BBG: a weaker euro is boosting import costs, compounding a damaging surge in energy prices and a record inflation spike ripping through the economy. In addition, consumer inflation in the euro zone is already close to 9%, keeping a lid on demand, which will also weigh on sales and profits.
————————
early: European equities are trading at a notable 30% discount to US stocks

⚠️🇪🇺 #europe #crisis #energy #forecast
Scholz: energy crisis will last a few years

#EUR #fx

⚠️🇪🇺 #monetarypolicy #europe #speakers
Lagarde:

- ECB rate hike is expected to continue

- economic growth is expected to slow dow. #economy

- a weak EUR adds to inflation #EUR #fx #inflation

⚠️🇪🇺#fx #EUR #inflation #europe
Lagarde: depreciation of EUR has added to inflation

🇪🇺 #EUR #fx #forecast
BofA: forecast for EURUSD for the end of 2022 = 1.10

⚠️🇪🇺 #EUR #fx #opinion
BofA: monetary tightening by ECB usually supports EUR, but EUR could weaken if peripheral countries like Italy, Greece come under pressure due to ECB's aggressive policy

🇪🇺#EUR #fx

🇪🇺#EUR #fx #forecast
Morgan expects EURUSD to 1.15 by the end of 2023

🇪🇺🇺🇸#monetarypolicy #europe #us #forecast
ECB will raise rates more aggressively than Fed (which is already at the end of its tightening cycle) in 2023 - Economist Intelligence Unit

#EUR #USD #fx USD will keep under pressure in 2023

#italy #spain borrowers in Italy and Spain will suffer more from higher borrowing costs than in France and Germany

🇪🇺🇬🇧#EUR #GBP #fx
ING sees:

EURUSD rate at 1.15
GBPUSD rate at 1.30

🇪🇺#EUR #fx #opinion
Citi sees EURUSD rate at 1.15, as it believes that the ECB can afford to be more hawkish than the Fed

🇪🇺#EUR #fx #opinion
Deutsche expects EURUSD to strengthen to 1.15 by end-2023 and to 1.2 in 2024
—————————
early: Citi sees EURUSD rate at 1.15

❗️🇪🇺#EUR #fx
the spread between EU core inflation and the EUR/USD = max since 2011 = EUR/USD may surpass 1.20 again

🇪🇺#inflation #europe #macro
Eurozone сonsumer inflation is approaching the target of 2%

#monetarypolicy ECB hints at a possible rate cut in the near future = bearish for #EUR