Usd to euro forecast 2018 rate: EUR/USD Forecasts Slashed at Morgan Stanley amid Growth and Trade Fears

“Renewed US-China trade tensions not only translates to renewed global downside risks that are constructive the USD, but have specific read-through to other US trade policy initiatives,” says Daniel Hui, a strategist at J.P. Morgan. “First is Section 232 auto tariffs, for which the nominal deadline for a decision by Trump is May 18th…Presumably, in light recent events and Trump’s own rhetoric, the probability of a near-term auto tariff announcement, over a pass or a delay, has come up materially.”

Leave a Reply

Your email address will not be published. Required fields are marked *