EUR/USD staged an impressive recovery from the lows. But can it continue forward? Here are some doubts. Here is their view, courtesy of eFXdata: BTMU Research discusses EUR/USD outlook from the risk-premium perspective which has been building in the price as of late on the back of the political developments in Italy. “The ECB QE announcement created around 7-8 big figures of risk premium into EUR/USD while Brexit prompted roughly six big figures and the French presidential election 5 big figures. We estimate around 3 big figures of risk is now priced in, which based on past examples could certainly increase further. Our short-term regression models indicate a similar story while the IMM data on leverage short euro positions as a percentage of open interest remains remarkably low – there is certainly scope for this EUR move to extend further lower,” BTMU argues. For lots more FX trades from major banks, sign up to eFXplus By signing up to eFXplus via the link above, you are directly supporting Forex Crunch. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Daily Look share Read Next Are Bonds No Longer a Safe Bet? Amram Margalit 5 years EUR/USD staged an impressive recovery from the lows. But can it continue forward? Here are some doubts. Here is their view, courtesy of eFXdata: BTMU Research discusses EUR/USD outlook from the risk-premium perspective which has been building in the price as of late on the back of the political developments in Italy. "The ECB QE announcement created around 7-8 big figures of risk premium into EUR/USD while Brexit prompted roughly six big figures and the French presidential election 5 big figures. We estimate around 3 big figures of risk is now priced in, which based on past examples could certainly… 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.
