Nomura see 3 reasons pushing EUR/USD lower in the next 3 months before bouncing back in H2Nomura categorise 3 "types of exposure that risk pushing EUR lower":
higher energy prices in a very n gas & oil dependent Europe
higher food prices
the cost of sanctions for European banks.
Given these risks, we revise down the profile of our EUR/USD forecast to
1.08 in Q
Source: Nomura see 3 reasons pushing EUR/USD lower in the next 3 months before bouncing back in H2 (https://www.forexlive.com/news/nomura-see-3-reasons-pushing-eurusd-lower-in-the-next-3-months-before-bouncing-back-in-h2-20220314/)
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