EUR/USD: A New TLTRO Will Likely Be Negative For EUR; Targeting 1.08 By Mid-Year – ANZ

EUR/USD suffered the yield differentials and dropped below 1.13. What’s next? Can it push even lower? Here is their view, courtesy of eFXdata: ANZ Research discusses the possible impact of a new round of TLTRO by the ECB on the EUR rate and thinks that it would likely be EUR negative. ANZ targets EUR/USD around 1.08 […]

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