Negative GDP for Eurozone for first quarter of 2023 has taken it to a recession technically. Inflation is expected to remain stable in the coming months while both the ECB and the FED remain hawkish on their media statements. Within this can Euro bounce back to levels above 1.08 and move up? Or could it continue to trade below 1.08?
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Sep'23 Monthly Forecast
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Sep '23 EURUSD Report
News from the ECB on hinting at possible pause in rate hikes earlier in July and then in September along with a higher US NFP data in early Sep-23 has aided Euro to fall and remain below 1.08 ...Read More
Sep'23 Crude Oil Report
Brent has been in a broad sideways range of $70-90 for quite some months now and has recently moved up towards the upper end of the range. Will it hold below $90 or can it break on the upside? ... Read More
Sep'23 US Treasury Report
We have been examining the market’s Inflation Expectation in our reports since May-23 and have said that the Breakeven Inflation Expectation can possibly remain above 2% and slowly rise towards 2.50-3.0% in the coming months. It is up from 2.18% in Apr-23. Can it rise further? .... Read More