欧元/美元:货币对预计回升至1.20 – 法国兴业银行
法国兴业银行(Societe Generale)外汇策略师基特-朱克斯(Kit Juckes)指出,欧元/美元此前因预期特朗普总统执政下美元走弱而上涨速度快于相对利率所暗示的水平,但随着美国经济表现优于欧元区且美元保持避险吸引力,欧元/美元现已落后于利差变化。

法国兴业银行的基特·朱克斯指出,欧元/美元此前因预期特朗普总统执政下美元走弱而上涨速度快于相对利率所暗示的水平,但随着美国经济表现优于欧元区且保持避险吸引力,现已落后于利差。他认为,海湾地区局势缓和和油价下跌,加上欧洲央行预期加息,可能推动欧元/美元进一步上涨至1.20附近。

局势缓和与欧洲央行加息支撑欧元

“去年大部分时间以及2026年初,欧元/美元的涨幅和速度均超过相对利率所示,原因是市场相信如果特朗普总统希望美元走弱,他很可能会实现这一目标。”

“然而现在,欧元/美元落后于利率市场。”

“这很合理——预计今年美国经济增长将明显快于欧元区,对油价冲击的脆弱性较低,且仍具备一定避险地位,尽管关于去美元化和美元霸权终结的报道日益增多。”

“今日欧元/美元上涨至1.18,已完全回吐自美以与伊朗开战以来的跌幅。”

“现在有很大可能性,如果我们确实看到冲突进一步缓和(尤其是霍尔木兹海峡重新开放),欧元/美元将在积极情绪推动下轻松重返1.20以上。”

(本文借助人工智能工具撰写,并由编辑审核。)

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