Economists at Goldman Sachs have updated their EUR/USD forecasts.
Long position in EUR/SEK to hedge against potential inflationary pressures and higher interest rates
We adjust our projections for EUR/USD to 1.07, 1.10, and 1.12 in three, six and 12 months respectively, up from our previous estimates of 1.05, 1.05, and 1.10. The updated forecasts maintain a year-end expectation of 1.10 but indicate less downside in the short term and a more extended recovery of the Euro relative to the US Dollar beyond the peak.
We reiterate our recommendation for investors to take a long position in EUR/SEK with a target of 12.00. We believe that Sweden faces a more challenging trade-off due to its economy's higher sensitivity to policy rates and particular exposure to the manufacturing sector. This position is seen as a way for investors to protect against the possibility of persistently high inflation and elevated interest rates.
Peringatan: Pendapat yang disampaikan sepenuhnya merupakan milik penulis dan tidak mencerminkan posisi resmi Followme. Followme tidak bertanggung jawab atas keakuratan, kelengkapan, atau keandalan informasi yang disediakan, serta tidak bertanggung jawab atas tindakan apa pun yang diambil berdasarkan konten ini, kecuali dinyatakan secara tertulis.
Tinggalkan pesan Anda sekarang