FX
EUR/USD: What’s next?
With global uncertainty rising and EUR/USD volatility increasing, the game has changed for the cross. We look at various scenarios for the likely future EUR/USD path
Source: ING
Scenario analysis based on four macro & political themes
Four factors stand out as key EUR/USD drivers over the next one to two years. These are: (i) Impact of Covid-19 on the real sector; (ii) Central banks response; (iii) Fiscal response; (iv) Politics. Above we outline our baseline and alternative assumptions for these inputs – and the corresponding EUR/USD profiles. As a base case we are now split between scenario 2 and scenario 3.
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13 March 2020
In case you missed it: Pandemic pandemonium This bundle contains 13 articles
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This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more
This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more