Global FX Daily - EURUSD stable at multi-month highs as political negotiations in Germany focus attention -BBVA Market Strategy

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2025/03/11

Global FX Daily – EURUSD stable at multi-month highs as political negotiations in Germany focus attention

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- EURGBP consolidates above 0.84 as risk aversion dominates and UK wages growth slows down
- Hotter CPI saves the NOK from the rising risk-off mood
- LatAm Beta remains high, caught in the crosswinds of US risk rout and USD sales
- Revised technical references for a broader move

Global FX Daily – EURUSD stable at multi-month highs as political negotiations in Germany focus attention

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