Top Insights
Forex
globalreutersJanuary 6, 20251 Mins read
MUFG expect EUR/USD under parity – Trump tariffs to hit quickly
globalreutersJanuary 6, 20251 Mins read MUFG assess that EUR/USD is likely to fall under parity in the weeks ahead, citing:
- prospect of Trump trade tariffs soon after January 20 inauguration
- Trump likely to act quickly to implement tariffs
- Add in the weaker eurozone economic outlook compared to the US
- that there was no euro rally into 2024 year-end indicates traders not inclined to take profits on EUR shorts
This article was written by Eamonn Sheridan at www.forexlive.com.
Recent Posts
Categories
Related Articles
NASDAQ index turns lower on the day after University of Michigan
US stocks have moved lower after the University of Michigan preliminary estimates...
US February prelim UMich consumer sentiment 67.8 vs 71.1 expected
Prior was 71.1Current conditions 68.7 vs 73.0 expectedExpectations 67.3 vs 70.0 expected1-year...
New US Energy Secretary downplays the risk of tariffs on oil imports
US Energy Secretary Chris Wright was recently confirmed and spoke with CNBC...
Tech sector shines while Amazon faces pressure: A look at today’s market movements
Sector OverviewThe US stock market today paints a mixed picture with technology...
Leave a comment