EUR/USD – Interest Rate Differentials Melt

EUR/USD – Interest Rate Differentials Melt
Dirk Friczewsky analyses the EUR/USD FX pair, looking at factors affecting its future path.
With 25 basis points from the Fed and 50 basis points from the ECB, the interest rate differentials are narrowing once again. On top of that: The latest energy situation in Europe makes it less likely of facing an apocalyptic recession the markets priced in around summer 2022 with skyrocketing natural gas prices. Where are we possibly heading to?
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