What is the outlook for EUR in the near-term, with the ECB meeting in early June? Here is their view, courtesy of eFXdata: Credit Agricole CIB Research discusses its expectations for the ECB June meeting and sees a scope for a limited EUR upside in the near-term. “We therefore believe that the balance of risks ahead of the 10 June policy meeting now favours a delay of PEPP taper – a decision that could weigh on EGB yields and the EUR in coming weeks,” CACIB notes. “While evidence of further improvement of the Eurozone growth and inflation outlook should be positive for the EUR, its overvaluation and growing investor cautiousness ahead of the June ECB meeting should limit any EUR upside in the near term in our view,” CACIB adds. For lots more FX trades from major banks, sign up to eFXplusBy signing up for eFXplus via the link above, you are directly supporting Forex Crunch. Kenny Fisher Kenny Fisher Kenny Fisher - Senior Writer A native of Toronto, Canada, Kenneth worked for seven years in the marketing and trading departments at Bendix, a foreign exchange company in Toronto. Kenneth is also a lawyer, and has extensive experience as an editor and writer. Kenny's Google Profile View All Post By Kenny Fisher Daily Look share Read Next Equities: Four main reasons suggesting continued strong Europe performance – JP Morgan FX Street 2 years What is the outlook for EUR in the near-term, with the ECB meeting in early June? Here is their view, courtesy of eFXdata: Credit Agricole CIB Research discusses its expectations for the ECB June meeting and sees a scope for a limited EUR upside in the near-term. "We therefore believe that the balance of risks ahead of the 10 June policy meeting now favours a delay of PEPP taper - a decision that could weigh on EGB yields and the EUR in coming weeks," CACIB notes. "While evidence of further improvement of the Eurozone growth and inflation outlook should be… 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.
