UBS Global Wealth Management carefully considered the sharp Dalgalanma in the market last week, pointing out that the EUR/USD was only slightly affected. UBS pointed out that the American exceptionalism (i.e., the superior performance of the US economy compared to the rest of the world) is crucial for the Federal Reserve to hold higher Faiz Oranı for a longer period compared to other Merkez Bankası around the world. However, now that the American exceptionalism is disappearing, this has led to a rate cut by the Federal Reserve and an increase in the EUR/USD. UBS also warned that the US election may cause short-term setbacks in exchange rates.
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Credit Suisse: Euro/doların aşamalı olarak yükselmesini bekliyoruz
UBS Global Wealth Management carefully considered the sharp Dalgalanma in the market last week, pointing out that the EUR/USD was only slightly affected. UBS pointed out that the American exceptionalism (i.e., the superior performance of the US economy compared to the rest of the world) is crucial for the Federal Reserve to hold higher Faiz Oranı for a longer period compared to other Merkez Bankası around the world. However, now that the American exceptionalism is disappearing, this has led to a rate cut by the Federal Reserve and an increase in the EUR/USD. UBS also warned that the US election may cause short-term setbacks in exchange rates.