Euro needs underlying sentiment about growth to improve – SocGen

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Euro needs underlying sentiment about growth to improve – SocGen EURUSD Sentiment Growth Banks

Consensus growth forecasts for 2024 are moving in the Euro’s favour, but only because 2023 ones are going the other way!

The last month or so has seen the Euro recover without relative rates moving in its favour. Short-covering, or a mood shift? Whatever it is, it needs to find some solid foundations soon.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

 

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