欧元/美元:更强的全球角色支持上涨偏向 – 荷兰国际集团
荷兰国际集团(ING)分析师克里斯-特纳(Chris Turner)、本杰明-施罗德(Benjamin Schroeder)和德米特里-多尔金(Dmitry Dolgin)讨论了欧洲央行(ECB)扩大EUREP设施如何支撑欧元的国际角色,并可能影响欧元/美元。

荷兰国际集团(ING)分析师克里斯·特纳(Chris Turner)、本杰明·施罗德(Benjamin Schroeder)和德米特里·多尔金(Dmitry Dolgin)讨论了欧洲央行(ECB)扩展EUREP设施如何支撑欧元的国际角色,并可能影响欧元/美元(EUR/USD)。他们认为,对欧元资产和贸易开票的更大储备需求支持了欧元的长期走强,而欧洲央行似乎对欧元的强势相对宽容,ING的基线预测到年底欧元/美元将走高。

欧洲央行回购扩张与欧元强势

“关于欧洲央行希望强势国际欧元是否意味着它也准备接受强势名义欧元的辩论正在加剧。官方的看法将是名义贸易加权欧元的升值对欧洲央行通胀预测意味着什么,以及通胀低于预期是否会促使降息。我们的看法是,这需要欧元/美元接近1.25的水平,才能使这一讨论变得严肃。”

“然而,当前的地缘政治环境似乎优先考虑全球欧元的需求。我们显然距离2000年代中期欧元作为储备货币的角色对欧洲央行而言似乎存在问题的时期还很遥远。尽管如此,即使在这些水平上,我们今天听到法国政府希望进一步评估促进使用欧元是否会推高欧元/美元并伤害法国出口商。”

“我们当前的基线预测欧元/美元将在年末达到1.22,存在上行风险。”

(本文由人工智能工具协助创建,并由编辑审核。)

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