Analysts at Citi Group offer their short-term outlook on the EUR/USD pair, in the face of likely easing by the European Central Bank (ECB) this Thursday. Key Quotes: “The near term, euro area activity remains very weak, inflation low. ECB may prepare another round of easing, probably at the 12 September, including more QE. More QE means, a negative net supply dynamic in the EA bond market. We lower our EUR/USD forecast 0-3m target from 1.12 to 1.08 level.” 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 Gold technical analysis: Gold has sunk to the 23.6% Fibonacci retracement FX Street 4 years Analysts at Citi Group offer their short-term outlook on the EUR/USD pair, in the face of likely easing by the European Central Bank (ECB) this Thursday. Key Quotes: "The near term, euro area activity remains very weak, inflation low. ECB may prepare another round of easing, probably at the 12 September, including more QE. More QE means, a negative net supply dynamic in the EA bond market. We lower our EUR/USD forecast 0-3m target from 1.12 to 1.08 level." 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.
