According to analysts from Danske Bank, more short-term downside risks for EUR/USD emerged as outflows could pick up and relative rates could favour the US. Key Quotes: “Due to the short-term downside risks, we look for bond yields in the US and Germany to stay low in the months ahead. However, as our base case is still that we are not entering a new euro debt crisis, we continue to see higher bond yields on a 12-month horizon.” “The euro has taken a big hit recently due to both the rising risks and continued decent US data. This week, more US regional business surveys increased to very robust levels. We see continued downward risk to EUR/USD in the short term. Our 12-month EUR/USD forecast of 1.28 is also currently under review.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Italy’s new EconMin Tria: No political force in Italy wants to leave the euro FX Street 5 years According to analysts from Danske Bank, more short-term downside risks for EUR/USD emerged as outflows could pick up and relative rates could favour the US. Key Quotes: "Due to the short-term downside risks, we look for bond yields in the US and Germany to stay low in the months ahead. However, as our base case is still that we are not entering a new euro debt crisis, we continue to see higher bond yields on a 12-month horizon." "The euro has taken a big hit recently due to both the rising risks and continued decent US data. This week, more… 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.
