The end of the year was favorable for the euro which saw the dollar decline while the Fed was clearer in its monetary easing intentions by next spring against a backdrop of a clear slowdown in the ‘inflation. However, the tone remains more opaque on the ECB side, enough to widen the rate differential on both sides of the Atlantic…
(Boursier.com) — More generally, optimism prevails on the markets, justified by the latest economic indicators which showed a decline in inflation and a slowdown in activity in the United States compatible with a scenario of “soft” landing of the activity. On currencies, the euro therefore remains firm and could still go a little higher at the start of 2024 against the dollar. Those who play this rate anticipation scenario can use the HO38C call warrant which targets a return of the euro/dollar pair to 1.12 by June 2024.
Price on the date of the advice: €1.52
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