What is the forecast for EUR/USD over the medium-term? Here is their view, courtesy of eFXdata: Danske Research likes staying short EUR/USD over the medium-term. “Dollar strengthened against EM and EUR yesterday. In our view, these moves are a continuation of the FX theme(s) we have been writing about recently as we see support being increased to broad USD here in 2021, unlike 2020. Stress in the Turkish Lira is part of this picture. In fact, liquidity conditions increasingly appear to be tightening via ECB, Fed, and PBoC,” Danske notes. “We continue to like trades which are short 2020-momentum & long FX value such as short EUR/USD and other broad dollar longs,” Dasnke adds. For lots more FX trades from major banks, sign up to eFXplusBy signing up for eFXplus via the link above, you are directly supporting Forex Crunch. Kenny Fisher Kenny Fisher Kenny Fisher - Senior Writer A native of Toronto, Canada, Kenneth worked for seven years in the marketing and trading departments at Bendix, a foreign exchange company in Toronto. Kenneth is also a lawyer, and has extensive experience as an editor and writer. Kenny's Google Profile View All Post By Kenny Fisher Daily Look share Read Next EUR/USD to extend its slide on a break below the 1.1800 support – OCBC FX Street 2 years What is the forecast for EUR/USD over the medium-term? Here is their view, courtesy of eFXdata: Danske Research likes staying short EUR/USD over the medium-term. "Dollar strengthened against EM and EUR yesterday. In our view, these moves are a continuation of the FX theme(s) we have been writing about recently as we see support being increased to broad USD here in 2021, unlike 2020. Stress in the Turkish Lira is part of this picture. In fact, liquidity conditions increasingly appear to be tightening via ECB, Fed, and PBoC," Danske notes. "We continue to like trades which are short 2020-momentum &… 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.
