Will the ECB’s upcoming policy meeting turn the tide for EUR/USD? Economists at MUFG Bank analyze the pair’s outlook.
A final hike could provide a temporary lift for the EUR
We expect EUR/USD to continue to fall back towards the bottom of this year’s trading range between 1.0500 and 1.1000.
An ECB hike would give the EUR only a temporary lift.
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Source: https://www.fxstreet.com/news/eur-usd-to-continuing-grinding-lower-towards-bottom-of-10500-11000-range-mufg-202309140728