EUR/USD has moved higher over the last month, trades near the 1.13 level, as global risk sentiment has improved and economists at Danske Bank see the pair at 1.15 on a one-to-three month horizon. Key quotes “The potential for a stronger EUR/USD is highly linked to the possibility of an uptick in global manufacturing and US inflation. We view the Fed as being supportive of such inflationary policies, at least short term. However, do note we suggest watching the financial canaries: if DAX, autos, banks or a host of EM currencies enter a correction, EUR/USD will quite likely also move lower.” “We set EUR/USD at 1.15 in one-to-three months and but we are generally (still) negative on EUR/USD and forecast 1.11 in six-to-twelve months.” 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 Breaking: German flash Manufacturing/Services PMI comes in better-than-expected, EUR/USD stays just below 1.1300 mark FX Street 2 years EUR/USD has moved higher over the last month, trades near the 1.13 level, as global risk sentiment has improved and economists at Danske Bank see the pair at 1.15 on a one-to-three month horizon. Key quotes “The potential for a stronger EUR/USD is highly linked to the possibility of an uptick in global manufacturing and US inflation. We view the Fed as being supportive of such inflationary policies, at least short term. However, do note we suggest watching the financial canaries: if DAX, autos, banks or a host of EM currencies enter a correction, EUR/USD will quite likely also move… 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.
