欧元受到德国财政刺激和多元化资金流的支持 - 荷兰合作银行
欧元(EUR)受益于德国的财政宽松和多元化流动,但更强的美国增长预期和韧性的消费者支出表明,荷兰合作银行外汇分析师简·福利(Jane Foley)报告称,欧元/美元在2026年可能会保持区间震荡,而不是延续大幅上涨。

欧元(EUR)受益于德国的财政宽松和多元化流动,但更强的美国增长预期和韧性的消费者支出表明,荷兰合作银行外汇分析师简·福利(Jane Foley)报告称,欧元/美元在2026年可能会保持区间震荡,而不是延续大幅上涨。

美联储上调美国增长预期,限制美元进一步走弱

“尽管预计德国财政支出将在明年最终使欧洲最大经济体摆脱停滞,但欧元已经为此准备了数月。在今年年初德国放松债务刹车后,欧元在第二季度成为G10货币中表现第二好的,仅次于避险货币瑞士法郎(CHF)。”

“多元化交易表明,欧元今年将继续找到支撑。上周美联储上调了对2025年和2026年美国增长的预期,理由是消费者支出的韧性和商业投资的回升。这应该会支持对美国的投资流入。”

“考虑到今年上半年美元多头头寸的大规模清洗,以及特朗普关税政策对美国经济造成的干扰程度小于预期,我们不愿意预测2026年美元进一步走弱。相反,我们更倾向于欧元/美元的震荡区间交易。”

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