JP Morgan’s EUR/USD forecast profile is unchanged this month and continues to show a slower decline for the rest of the year, after an unprecedented -11% drop in Q1. JPM’s Quarter-end targets are 1.07 in Q2, 1.06 in Q3 and 1.05 in Q4. JP Morgan Forecasts. Buy Euro as Market is Only Now Waking up to Brexit Risks say JP Morgan: Australian Dollar Forecasts Cut at J.P. Morgan; Potential 5% Upside for GBP/AUD. JP Morgan forecast that, over the medium-term, the exchange rate will likely stabilise in the EGP 15-16 range as the backlog becomes reduced and the external deficit improves. Following the comments from BAML’s Piron on the greenback, we have JP Morgan Asset Management's global market strategist, Hannah Andersen, speaking on the US dollar outlook to Bloomberg TV. ![]() 2015 Jp Morgan Chase Catalog![]() • FX markets today: EUR/USD exchange rate surges to 1.1280 • Weak US Job report sparks USD fall• • JP Morgan think market getting carried away with Euro forecasts • ECB unlikely to be enthused about elevated EUR An impressive week for the Euro saw it close at its highs against the US Dollar, at 1.1280 (low on the week was a few pips above 1.11). The rally in EUR/USD was largely sparked by a weak US jobs report with a big miss in Non-farm payrolls and a below expectations wage growth reading. The wage data is arguably the most significant disappointment as US employment remains strong (the number once again decreased, now to 4.3%). Usd cad exchange rate bloomberg free download for mac. The VoltoFXP Internet Exchange Rate Component is an ActiveX DLL that can be used to develop applications that download and integrate real-time and historical currency exchange rates directly from the internet. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Download Free Eur Usd Forecast 2015 Jp Morgan For MacWeak salaries are placing considerable downward pressure on inflation across the western world and the USA is no different. Officials increasingly pointing to weakness in wage growth as the greatest concern to the inflationary picture, investors have been paring bets that the Federal Reserve will be able to steepen their path of hikes, or might even have to lower it. This comes at a time when sentiment around the Euro is reaching heights we have not seen for a long time and hence we see the positive reaction in EUR/USD. Despite the market expectations for some hawkish moves from the European Central Bank, President Draghi has been pushing back and sticking to his message that he doesn’t believe that inflation is growing fast enough to warrant him making many adjustments to monetary policy for now. He has however acknowledged that the economic picture has brightened and the EUR which has been pummelled for years is making a comeback as traders bet on the Euro having bottomed out at last.
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January 2019
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