Kshitij Consultancy Services
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Buy Euro Report
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Feb ' 23 Euro Report

Euro faced rejection from 1.1033 and has fallen sharply this month. We keep our last month projections intact for the coming months but near-term volatility could be intact. The ECB have raised rates by 50bps in Feb-23 and expect to raise by another 50bps in its Mar-23 policy meeting. We need to keep a close watch to see if inflation figures continue to fall which could pave the way for the central banks to consider termination of rate hikes soon. Important factors impacting the Euro are analysed in detail in the Feb-23 report with numerical forecasts for the next 12-months.
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