|2022/04/12 / Erste Group Research|
Safety and yield sought
All in all, the uncertainty for the EURUSD is high, especially in the near future. Ultimately, however, a weakening of the dollar is the most likely development, in our view.
The yen should gradually strengthen somewhat against the euro.
In the short term, the war in Ukraine is the determining factor for the EURCHF exchange rate. However, significant increases in yields of Eurozone government bonds in March led to a slight weakening of the franc.
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|Author||Erste Group Research|
|Product name||Forex News|
|Topic in focus||FX, Macro/ Fixed income|
|Economy in focus||Eurozone, Japan, Switzerland, United States|
|Currency in focus||Euro, Swiss Franc, US Dollar|
|Sector in focus||-|
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