EUR/USD's Resilience Could Continue -- Market Talk

Dow Jones04-08

1034 GMT - EUR/USD has performed well recently and could remain resilient, says Generali Investments in a note. A nascent recovery of the eurozone economy, even if shallow, will contrast with a U.S. slowdown, the asset manager says, adding that largely synchronized European Central Bank and Federal Reserve rate cuts over the second half of the year will lower rates uncertainty and erode dollar support. "Despite near-term volatility, the transatlantic yield gap is set to narrow medium term as we expect the total amount of U.S. rate cuts over the next two years to exceed the ECB's easing," it says. Speculative long positions in the U.S. dollar have soared recently, leaving them--and the dollar--vulnerable to a setback. EUR/USD trades steady at 1.0832. (emese.bartha@wsj.com)

(END) Dow Jones Newswires

April 08, 2024 06:34 ET (10:34 GMT)

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A nascent recovery of the eurozone economy, even if shallow, will contrast with a U.S. slowdown, the asset manager says, adding that largely synchronized European Central Bank and Federal Reserve rate cuts over the second half of the year will lower rates uncertainty and erode dollar support. \"Despite near-term volatility, the transatlantic yield gap is set to narrow medium term as we expect the total amount of U.S. rate cuts over the next two years to exceed the ECB's easing,\" it says. Speculative long positions in the U.S. dollar have soared recently, leaving them--and the dollar--vulnerable to a setback. EUR/USD trades steady at 1.0832. (emese.bartha@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 08, 2024 06:34 ET (10:34 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EUR/USD's Resilience Could Continue -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEUR/USD's Resilience Could Continue -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-08 18:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>1034 GMT - EUR/USD has performed well recently and could remain resilient, says Generali Investments in a note. A nascent recovery of the eurozone economy, even if shallow, will contrast with a U.S. ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"USD","symbol_name":"ProShares Ultra Semiconductors","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2425244961","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2425244961","pubTimestamp":1712572440,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1034 GMT - EUR/USD has performed well recently and could remain resilient, says Generali Investments in a note. A nascent recovery of the eurozone economy, even if shallow, will contrast with a U.S. slowdown, the asset manager says, adding that largely synchronized European Central Bank and Federal Reserve rate cuts over the second half of the year will lower rates uncertainty and erode dollar support. \"Despite near-term volatility, the transatlantic yield gap is set to narrow medium term as we expect the total amount of U.S. rate cuts over the next two years to exceed the ECB's easing,\" it says. Speculative long positions in the U.S. dollar have soared recently, leaving them--and the dollar--vulnerable to a setback. EUR/USD trades steady at 1.0832. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"USD":"ProShares Ultra Semiconductors"},"translate_title":"欧元/美元的弹性可能会继续——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EURUSD.FOREX":1,"USD":1},"content_text":"1034 GMT - EUR/USD has performed well recently and could remain resilient, says Generali Investments in a note. A nascent recovery of the eurozone economy, even if shallow, will contrast with a U.S. slowdown, the asset manager says, adding that largely synchronized European Central Bank and Federal Reserve rate cuts over the second half of the year will lower rates uncertainty and erode dollar support. \"Despite near-term volatility, the transatlantic yield gap is set to narrow medium term as we expect the total amount of U.S. rate cuts over the next two years to exceed the ECB's easing,\" it says. 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