Stubborn inflation in the global economic outlook
EUR/USD — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
UBS | Bullish | 1.1600 |
Scotiabank | Bearish | 1.0900 |
MUFG | Neutral | 1.1200 |
All 32 desk targets for EUR/USD
From the original
Economic Outlook Stubborn inflation in the global economic outlook 09-05-2023 China is now one of the bright spots in the global economy thanks to its post-COVID rebound. Developed economies, however, continue to fight against inflation, which is still too high. As central banks
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Upside inflation risks in Asia outweigh downside growth risks
The desk anticipates a shift in monetary policy across Asia as inflationary pressures intensify, driven by high energy prices and food supply risks. Per the full note from ing-think, while growth remains resilient in the region, the prevailing inflation risks suggest that central banks may adopt a more hawkish stance. This expectation is underscored by the potential for further tightening in monetary policy as inflation outpaces growth concerns. With no significant calendar events in the immediate future, traders should focus on how these dynamics influence currency valuations.