National Bank of Canada’s analysis team suggest that the EUR has been under pressure so far this year due to weak economic data, and is unlikely to get much help from ECB which is set to present downgraded forecasts for the Eurozone’s GDP growth & inflation at its March meeting. Key Quotes “Potential disruptions to trade flows could also hurt the EUR. The possibility of a “hard” Brexit, whereby the UK leaves the European Union without a deal on March 29th, & additional tariffs imposed by U.S. on Eurozone exports cannot be ruled out.” “Those risks have increased in recent weeks and we have, as a result, lowered our targets for EUR/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 UK’s Brokenshire: UK is seeking legally binding changes to Irish backstop FX Street 4 years National Bank of Canada's analysis team suggest that the EUR has been under pressure so far this year due to weak economic data, and is unlikely to get much help from ECB which is set to present downgraded forecasts for the Eurozone's GDP growth & inflation at its March meeting. Key Quotes "Potential disruptions to trade flows could also hurt the EUR. The possibility of a "hard" Brexit, whereby the UK leaves the European Union without a deal on March 29th, & additional tariffs imposed by U.S. on Eurozone exports cannot be ruled out." "Those risks have increased in recent… 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.
