News Formal

EU politics and Fed cuts to shape the market landscape

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 20 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

Eurozone News

Fed,Politics,Europe

FX will be dominated by two key themes over the coming months.

The first is the prospect of Marine Le Pen’s RN party coming to government. The second are welcome signs of US disinflation, which will give the Federal Reserve enough confidence to start cutting rates in September, Chris Turner, Global Head of Markets at ING noted.

EUR/CHF proves a cleaner vehicle to hedge against election risk “Crosswinds in the FX market suggest EUR/USD should stay volatile within ranges – although probably with a downside bias this month as investors reduce euro exposure ahead of French elections on 30 June and 7 July. EUR/CHF is proving a cleaner vehicle to hedge against election risk and looks to press 0.9500.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fed's Hawkish Tone, Economic Data to Shape Market Outlook This WeekMarket Overview Analysis by Ipek Ozkardeskaya covering: EUR/USD, USD/JPY, Nasdaq 100, S&P 500. Read Ipek Ozkardeskaya's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »