EUR/USD & GBP hedging perspective

Eddy Markus
Monday, 15 May 2023
Eddy Markus

Given the tight labor market, a recession is needed to get inflation under control. Therefore, we do not see the central banks easing monetary policy for the time being. For the ECB this is already discounted by the markets, for the Fed not yet. As a result, we expect more support for the dollar in the coming period as soon as investors price out Fed interest rate cuts ...

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