Christin Tuxen, chief analyst at Danske Bank, explains that towards the end of last week, EUR/USD dropped back below 1.13 following another disappointing PMI reading out of the euro zone with US figures, also coming out on the weak side. Key Quotes “Continued upward pressure on oil and continued support for equities helped to stabilise the cross though.” “We look for EUR/USD to stay close to 1.13 on 3M. Calendarwise, the next big movers are not until next week.” 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 EUR/GBP: Further recovery – Commerzbank FX Street 4 years Christin Tuxen, chief analyst at Danske Bank, explains that towards the end of last week, EUR/USD dropped back below 1.13 following another disappointing PMI reading out of the euro zone with US figures, also coming out on the weak side. Key Quotes "Continued upward pressure on oil and continued support for equities helped to stabilise the cross though." "We look for EUR/USD to stay close to 1.13 on 3M. Calendarwise, the next big movers are not until next week." 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.
