The euro has been struggling with multiple issues but still looks strong. What’s next? Here is their view, courtesy of eFXdata: Citi discusses EUR outlook and thinks that Italy is likely to limit the scope of EUR/USD upside into year-end. “Italy continues to take a stand against the rest of the EU with Italian Deputy Premier Di Maio criticizing ECB President Draghi while looking for ECB support to stabilize Italian bonds. More importantly, Italian banks appear to be provoking concern with a Reuters source report saying the Bank of Italy would publish an assessment of how rising government yields are affecting Italian banks,” Citi notes. “This week in the euro zone sees euro zone’s GDP (Citi expects 0.3%QQ growth but with downside risks) and core HCIP Inflation at 1.1%YY,” Citi adds. For lots more FX trades from major banks, sign up to eFXplus By signing up for eFXplus via the link above, you are directly supporting Forex Crunch. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next US growth stocks out of fashion, value plays back in the game – Reuters FX Street 4 years The euro has been struggling with multiple issues but still looks strong. What's next? Here is their view, courtesy of eFXdata: Citi discusses EUR outlook and thinks that Italy is likely to limit the scope of EUR/USD upside into year-end. "Italy continues to take a stand against the rest of the EU with Italian Deputy Premier Di Maio criticizing ECB President Draghi while looking for ECB support to stabilize Italian bonds. More importantly, Italian banks appear to be provoking concern with a Reuters source report saying the Bank of Italy would publish an assessment of how rising government yields are… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
