EUR/USD likes its range and is not going anywhere fast. Will the meeting of the European Central Bank change that? Probably not. Here is their view, courtesy of eFXdata: NAB Research discusses the expectations around this week’s ECB July policy meeting. “July meeting an “interim” meeting and likely non-event with no forecast updates. ECB to continue with the APP taper and to hold rates through “the summer” of 2019,” NAB notes. “Implications for FX and rates: – The meeting has little in the way of implications for EUR which has been range bound in a wide 1.15-1.1850 range. A tweak to the reinvestment policy to the extent it surprises markets could see the Euro curve flatter which may at the margin weigh on EUR. NAB’s view though is the reinvestment policy will only be discussed, but is unlikely be changed at this meeting,” NAB argues. For lots more FX trades from major banks, sign up to eFXplus By signing up to 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 Daily Look share Read Next Breaking News: EU preparing counter tariffs of USD 208 on US goods – Bloomberg FX Street 5 years EUR/USD likes its range and is not going anywhere fast. Will the meeting of the European Central Bank change that? Probably not. Here is their view, courtesy of eFXdata: NAB Research discusses the expectations around this week's ECB July policy meeting. "July meeting an "interim" meeting and likely non-event with no forecast updates. ECB to continue with the APP taper and to hold rates through "the summer" of 2019," NAB notes. "Implications for FX and rates: - The meeting has little in the way of implications for EUR which has been range bound in a wide 1.15-1.1850 range. A tweak… 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.
