Core Viewpoint - The euro continues to strengthen, approaching the 1.1600 mark, supported by expectations of a dovish Federal Reserve and potential peace agreements between Russia and Ukraine [1][3]. Economic Data - U.S. retail sales data released on Tuesday fell short of expectations, while the Producer Price Index remained stable [3]. - In September, retail sales growth was lower than anticipated, contributing to market speculation about an imminent rate cut by the Federal Reserve [3]. Market Sentiment - The euro has risen for three consecutive days, climbing from around 1.1500 at the beginning of the week to just below 1.1600, driven by increased demand for the currency [3]. - Consumer confidence has declined, with households expressing concerns over rising costs and a weak job outlook, further reinforcing the market's expectations for a rate cut [3]. Geopolitical Factors - Ongoing discussions between U.S. and Ukrainian representatives regarding a peace plan have bolstered market sentiment, providing additional support for the euro [3]. - U.S. President Trump indicated that the peace plan has been adjusted based on feedback from both sides, and a special envoy will meet with Russian President Putin next week [3].
DLS MARKETS：欧元兑美元走高，降息与和平预期能否助推破 1.16？
Sou Hu Cai Jing·2025-11-26 10:04