Economists at Danske Bank believe EUR/USD will remain range-bound and target 1.07 in 12M while an uptick in global reflationary trends continues to be the key upside risk. Stay up to speed with Yohay Elam’s last analysis Key quotes “The potential for a higher EUR/USD is closely linked to global reflationary trends and such a shock is indeed a notable but, in our view, unlikely upside risk.” “We forecast EUR/USD at 1.09 in 1-3M, as we see the EUR as embedding enough institutional risk premium, at least for now. Longer-term, we forecast EUR/USD at 1.07 in 6-12M.” 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 EUR/USD Price Analysis: Extra gains could extend to 1.1000 and above FX Street 3 years Economists at Danske Bank believe EUR/USD will remain range-bound and target 1.07 in 12M while an uptick in global reflationary trends continues to be the key upside risk. Stay up to speed with Yohay Elam's last analysis Key quotes “The potential for a higher EUR/USD is closely linked to global reflationary trends and such a shock is indeed a notable but, in our view, unlikely upside risk.” “We forecast EUR/USD at 1.09 in 1-3M, as we see the EUR as embedding enough institutional risk premium, at least for now. Longer-term, we forecast EUR/USD at 1.07 in 6-12M.” 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.
