KBC Bank analysts suggest that for the EUR/USD pair, the picture remains rather cautious/diffuse as it is influenced both by domestic EMU related issues (ECB etc.) but also by the market view on global growth. Key Quotes “Yesterday, positive risk sentiment turned out to be mildly EUR/USD supportive. Still, the pair is still rather close to the bottom of the 1.12/16 trading.” “Given last week’s ECB decision, the euro has no prospect on interest rate support anytime soon.” “We remain cautious on EUR/USD long exposure. The single currency needs better EMU eco data. Brexit headlines remain a wildcard for euro trading today.” 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 UBS: All eyes on US CPI today FX Street 4 years KBC Bank analysts suggest that for the EUR/USD pair, the picture remains rather cautious/diffuse as it is influenced both by domestic EMU related issues (ECB etc.) but also by the market view on global growth. Key Quotes "Yesterday, positive risk sentiment turned out to be mildly EUR/USD supportive. Still, the pair is still rather close to the bottom of the 1.12/16 trading." "Given last week's ECB decision, the euro has no prospect on interest rate support anytime soon." "We remain cautious on EUR/USD long exposure. The single currency needs better EMU eco data. Brexit headlines remain a wildcard for euro… 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.
