外汇前瞻
  • Macro Outlook
    • Currency movements

FX Viewpoint

  • Article

Weekly foreign exchange insights   

Key highlights

  • The ECB was on hold in July, as widely expected
  • The EUR is still much stronger than what its yield differential implies, which assumes a ‘good case’ outcome on tariffs
  • Risks for the EUR are skewed to the downside if trade tensions intensify and/or evidence of economic weakness emerge

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