Jakob Christensen, Chief Analyst at Danske Bank, noted the pair still points to another visit to the 1.1500 handle. Key Quotes “Besides trade war developments, the majors will be in the hands of inflation data this week”. “Our quantitative business cycle models continue to point to weakness in the euro-area cycle, whereas the US outlook now seems more decent; this points to a case for (continued) cyclical weakness in EUR/USD, possibly through the equity flow channel”. “We still see EUR/USD in range but with risks tilted towards another test of the 1.15 level near term, not least if the US takes next steps directed towards Europe”. 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 Bitcoin Cash price analysis: BCH/USD recovers from the abyss, but upside capped below $770 FX Street 3 years Jakob Christensen, Chief Analyst at Danske Bank, noted the pair still points to another visit to the 1.1500 handle. Key Quotes "Besides trade war developments, the majors will be in the hands of inflation data this week". "Our quantitative business cycle models continue to point to weakness in the euro-area cycle, whereas the US outlook now seems more decent; this points to a case for (continued) cyclical weakness in EUR/USD, possibly through the equity flow channel". "We still see EUR/USD in range but with risks tilted towards another test of the 1.15 level near term, not least if the US… Top 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.
