2023 Evolving FX Drivers and Losing US Dollar Appeal: FX Moment
FICC Focus
00:00
The Biggest Risk for the Euro Is Q1
If the risk context overall remains favorable, I suspect we move towards 110 to 115 by the second half of next year. The biggest risk at the moment that I can see is to this bullish outlook for the euro, the biggest risk is Q1. On sterling, I mean, sterling also great recovery. We actually in the end, we avoided the parity on cable,. But what I'm saying is that a broadly weaker dollar and a risk on market context is helping the sterling bullish view.
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