Chief Analyst at Danske Bank Arne Rasmussen expects the pair to move within a consolidation theme in the next months. Key Quotes “For FX markets we have over the past months seen a significant repricing of the Italian political risk premium embedded into the EUR”. “Indeed, diminished Italy worries and consensus over summer positioning for a budget deficit fairly close to the announced figure was an important reason for us to raise our near-term EUR/USD forecast profile this month”. “As a result, the announced budget should have but a limited impact on the EUR and we still pencil in a range-trading EUR/USD over the coming months with risks skewed towards a slightly stronger USD”. 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 US-China trade tensions continue to dominate markets – Westpac FX Street 4 years Chief Analyst at Danske Bank Arne Rasmussen expects the pair to move within a consolidation theme in the next months. Key Quotes "For FX markets we have over the past months seen a significant repricing of the Italian political risk premium embedded into the EUR". "Indeed, diminished Italy worries and consensus over summer positioning for a budget deficit fairly close to the announced figure was an important reason for us to raise our near-term EUR/USD forecast profile this month". "As a result, the announced budget should have but a limited impact on the EUR and we still pencil in a… 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.
