Goldman strategists have squared off the short position in the EUR/JPY and have switched to shorting the US Dollar against the Japanese Yen. Analysts believe the EUR might not have much downside around the European Central Bank (ECB) meeting this week, even if significant easing measures are announced, according to Bloomberg. Goldman Sachs expects a “substantial” package from the ECB, including a 20 basis point deposit rate cut, bond purchases of EUR 30 billion a month for nine months and dovish forward guidance. 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 Official: US will sanction whoever purchases Iran’s oil FX Street 4 years Goldman strategists have squared off the short position in the EUR/JPY and have switched to shorting the US Dollar against the Japanese Yen. Analysts believe the EUR might not have much downside around the European Central Bank (ECB) meeting this week, even if significant easing measures are announced, according to Bloomberg. Goldman Sachs expects a "substantial" package from the ECB, including a 20 basis point deposit rate cut, bond purchases of EUR 30 billion a month for nine months and dovish forward guidance. 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.
