Central banks intent on tightening, but are cautious

Eddy Markus
Thursday, 27 July 2017
Eddy Markus

Financial markets seem disappointed in the American economy, whereas they are more upbeat when it comes to Europe. Yet we expect the US economy to perform somewhat better than the consensus, and we foresee considerable constraints on European growth. Is it logical, therefore, that we adhere to our view of EUR/USD reaching parity next year?  

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