EUR/USD to grind lower from 1.18 to 1.12 in the next year - SocGen

Market news

13 September 2021

EUR/USD to grind lower from 1.18 to 1.12 in the next year - SocGen

FXStreet notes that although the EUR/USD is set to appreciate in the medium-term, economists at Société Générale expect the world’s most popular currency pair to plummet from 1.18 to 1.12 in 2022.

“Medium-term, we expect the EUR/USD to appreciate.”

“We see the pair depreciating from 1.18 to 1.12 next year, due to quicker changes from the Fed.”

Before the bell: S&P futures +0.64%, NASDAQ futures +0.59%

Wall Street. Stocks before the bell

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.