EUR/USD & GBP hedging perspective

Eddy Markus
Tuesday, 4 April 2023
Eddy Markus

Central banks will likely keep their foot on the monetary brake until a recession is well in sight. Inflation will remain far too high otherwise. But we also expect central banks to quickly stimulate economic growth again when a recession approaches, otherwise the risk of a new credit crisis becomes too great. In this final phase, we expect the dollar to weaken.
 

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