BNY: Euro supported by resilient domestic demand
BNY’s Geoff Yu says resilient domestic demand is supporting the euro, while noting ECB President Christine Lagarde’s warning on Europe’s eroding post-war growth model.
EURUSD
BNY’s Geoff Yu points to resilient domestic demand as a factor supporting the euro.
He also references ECB President Christine Lagarde’s warning that Europe’s post-war growth model is eroding as global trade fragments and cheap energy dynamics shift.
The snippet does not provide additional forecasts or data.
Source: FXStreet Forex News