Piet P. H. Christiansen, senior analyst at Danske Bank, suggests that in their view, 1.15 remains the attractor for EUR/USD and with no new signals likely from the Fed on Wednesday the cross should broadly stick to recent ranges.
Key Quotes
“Focus also on trade talks due to resume in Washington on Wednesday: it is not clear-cut that positive news will be USD negative short term given the recent negative impact of the war on tariffs on US activity lately, but eventually we expect a deal to benefit EUR and CNY more than USD this year.”
Share
