EUR/USD to rally in the coming months fueled by a cooling US economy

The US economy will be decisive for the further development of the Dollar. The question is how long the solid growth will hold, despite significantly higher interest rates. At present, demand indicators still point to a robust economy. However, we see indications of a looming slowdown in a number of areas. These include the labor market, credit growth and the development of savings.

For us, therefore, a cooling of the US economy is likely during the coming months, which argues for a weaker Dollar.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.

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Source: Financial Digest (financialdigest.net)

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