United Kingdom
2025-01-09 04:39
IndustryEuro to Benefit from US-China Tensions
Geopolitical tensions between the US and China are likely to benefit the euro in January. The ongoing trade tensions and concerns about global economic growth could lead to a decline in the US dollar. Meanwhile, the euro is likely to benefit from its safe-haven status and the ECB's commitment to maintaining price stability. Predicted exchange rate range: 1.0900 - 1.1050.
my hybrid analysis combines fundamental and technical factors to predict the EUR/USD exchange rate movement in January. From a fundamental perspective, the ECB's hawkish monetary policy stance and the US Federal Reserve's dovish tone are likely to support the euro. From a technical perspective, the pair's breakout above the 1.0950 level could lead to a rally towards 1.1100. Predicted exchange rate range: 1.0950 - 1.1100.
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Euro to Benefit from US-China Tensions
United Kingdom | 2025-01-09 04:39
Geopolitical tensions between the US and China are likely to benefit the euro in January. The ongoing trade tensions and concerns about global economic growth could lead to a decline in the US dollar. Meanwhile, the euro is likely to benefit from its safe-haven status and the ECB's commitment to maintaining price stability. Predicted exchange rate range: 1.0900 - 1.1050.
my hybrid analysis combines fundamental and technical factors to predict the EUR/USD exchange rate movement in January. From a fundamental perspective, the ECB's hawkish monetary policy stance and the US Federal Reserve's dovish tone are likely to support the euro. From a technical perspective, the pair's breakout above the 1.0950 level could lead to a rally towards 1.1100. Predicted exchange rate range: 1.0950 - 1.1100.
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