The EUR/USD pair has slipped below 1.19 amid fresh dollar strength and economists at BBH expect the world’s most popular currency pair to reach the November 23 low of 1.18 in the short-term. Key quotes “Our near-term euro target is the November 23 low near $1.18. Looking further out, the November 4 low near $1.1605 is our medium-term target.” “Much remains uncertain in terms of the fundamental trajectory but from a purely technical standpoint, a break below the $1.1620 area would set up a test of the June 2020 low near $1.1170.” “The stronger dollar would tend to dampen price pressures here in the US but helping to boost inflation in the eurozone whilst making their exports more competitive.” 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 USD/JPY clings to intraday gains near 108.70-80 region FX Street 1 year The EUR/USD pair has slipped below 1.19 amid fresh dollar strength and economists at BBH expect the world's most popular currency pair to reach the November 23 low of 1.18 in the short-term. Key quotes "Our near-term euro target is the November 23 low near $1.18. Looking further out, the November 4 low near $1.1605 is our medium-term target." "Much remains uncertain in terms of the fundamental trajectory but from a purely technical standpoint, a break below the $1.1620 area would set up a test of the June 2020 low near $1.1170." "The stronger dollar would tend… 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.
