Baseline assumes Fed rate cuts this year and no ECB hikes, implying a dovish global policy backdrop. USD and EUR rates could end the year lower as the growth outlook worsens, and the team still expects EUR/USD to return to 1.20 this year.
Baseline assumes Fed rate cuts this year and no ECB hikes, implying a dovish global policy backdrop. USD and EUR rates could end the year lower as the growth outlook worsens, and the team still expects EUR/USD to return to 1.20 this year.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.18