- EUR/USD: Month-end equity rebalancing flow could hasten move to 1.10 – SocGen
Notícias do Mercado
27 novembro 2023
EUR/USD: Month-end equity rebalancing flow could hasten move to 1.10 – SocGen
EUR/USD rose above the 1.09 mark and maintains a bid tone to start the week. Economists at Société Générale analyze the pair’s outlook.
Month-end equity rebalancing flow – Dollar negative
Month-end duration extension and equity index rebalancing flows will inevitably be part of the equation in bonds and FX this week and could present further headwinds for the Dollar.
In other words, this week is another opportunity for EUR/USD to have a go at surpassing 1.0960 and progressing towards 1.10.
December seasonals bullish Euro.
O foco de mercado
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