Emotions reversed! Divergence in interest rate paths between Europe and the United States, Wall Street banks bearish on the euro falling to 1.1 against the US dollar.
Zhtng cijng APP huxn, yuy shchng yq migu zi jnnin shngy shjin ni jiy de sd jigu uzhu, Hu'rji ynhng fnfn fngqle du uyun zuqing de zh. M gn d tng, M gn sh dnl h Niyu Mng lng ynhng dng jgu rnwi, uyun du Migu zi wili y nin ni knng xidi chogu 3%, di zh 1.10. Bnyu uyun du Migu y di zh y nin li de zud shupng, yunyn sh jioyyunmen yq Milinfdng jing zi 2026 nin jiy, qi b zi chngfn zh uzhu yohng hu jnyb jiy.
According to the Zhtng cijng APP, due to market expectations that the US will raise interest rates faster than Europe in the remaining time of this year, Wall Street banks have abandoned their bets on the Euro strengthening. Institutions such as J.P. Morgan, Morgan Stanley, and BNY Mellon believe that the Euro could fall by more than 3% in the next year, dropping to 1.10. This month, the Euro has fallen to its lowest level in a year, as traders anticipate the Federal Reserve raising rates in 2026, and no longer heavily betting on the European Central Bank further raising rates.
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