Euro May Rise to $1.17, Union Bancaire's Kinsella Says

Euro May Rise to $1.17, Union Bancaire's Kinsella Says

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Business

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The video discusses the outlook for the euro and dollar, highlighting a bearish view on the dollar due to anticipated growth slowdown. It suggests the euro may stabilize if Chinese data improves. The impact of US-China trade negotiations on currencies is also considered, with a focus on the eurozone's muted portfolio inflows and its current account surplus as key factors.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the speaker's outlook on the euro for the rest of the year?

Somewhat bullish

Somewhat bearish

Massively bullish

Massively bearish

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What economic factor is the speaker anticipating that affects their view on the dollar?

Interest rate hike

Growth slowdown

Trade surplus

Inflation increase

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current state of economic surprise indices in the eurozone according to the speaker?

At multi-year lows

At multi-year highs

Stable

Improving

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How might stabilization in Chinese data affect the eurozone's economic momentum?

It could have no effect

It could improve significantly

It could stabilize

It could deteriorate further

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main factor supporting the euro according to the speaker?

Trade agreements

Strong portfolio inflows

Current account surplus

High inflation