Not Easy Being a Euro Bull, But It's No Time to Quit: FX Moment
Ever-changing drivers and low FX conviction views have been consistent with a $1.06-$1.10 euro-dollar in recent months, but a break of $1.10 toward $1.15 and higher remains feasible later this year. In our latest FX Moment podcast, host Audrey Childe-Freeman, Bloomberg Intelligence chief G-10 FX strategist, reflects on the euro-dollar's outlook as we contemplate 2H and after a very challenging 1H for bullish views.
Childe-Freeman believes the positive narrative holds into 2H, with the European Central Bank's and Fed's monetary-cycle lags, a possible adjustment to more-supportive euro-US…
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