EURUSD- Better economic growth than expected (EU area)
- Energy crisis is politically postponed to winter 2024
- Hawkish ECB stance: Not particularly aggressive, but certainly longer lasting than the Fed
- Fed slows pace of rate hikes signaled by FOMC dot plots
- Undervalued versus other currencies
- Extreme dollar long positioning
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.