EUR/USD set to head higher towards 1.15 over the course of 2023 – Deutsche Bank

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EUR/USD set to head higher towards 1.15 over the course of 2023 – Deutsche Bank
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EUR/USD set to head higher towards 1.15 over the course of 2023 – Deutsche Bank EURUSD Banks China Europe

The pieces are falling in place for a more sustained downturn in the Dollar

“We are still missing the bull-steepening in the US yield curve which is typically associated with clearer USD downtrends, and the USD remains a high-yielder in a global context. But as confidence grows in a peak inflation narrative, we see EUR/USD rising to 1.15 over the course of 2023.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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