Merrill Lynch is bearish on EUR/USD.

Home / EUR USD / Merrill Lynch is bearish on EUR/USD. FORECAST

Analysts at Merrill Lynch predict that EUR/USD exchange rate will depreciate in long-term on monetary policy divergence between Fed and ECB.

According to the report, they expect EUR/USD upside risks in short term. The Euro hasn’t been able to weaken after the ECB indicated more easing last week support this view. They expect that further monetary policy divergence between Fed and ECB would cause the EUR/USD rate to decrease.

dfdfdf

Recommended Posts