EURUSD MARKET UPDATE EUR/USD: Scope for a move back to the 1.06 area into the spring – Rabobank.

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EURUSD MARKET UPDATE

EURUSD MARKET UPDATE

EUR/USD: Scope for a move back to the 1.06 area into the spring – Rabobank

EURUSD MARKET UPDATE Economists at Rabobank discuss their forecasts for the EUR/USD pair for the coming moths.

Market has now built substantial EUR longs

“The market has now built substantial EUR longs meaning that the single currency will become increasing sensitive to the realisation that headwinds to Eurozone growth remain, albeit at a far more reduced level than was anticipated towards the end of last year.”

EURUSD MARKET UPDATE “While we expect EUR/USD to hold around 1.09 on a one-month view, we see scope for a move back to the 1.06 area into the spring                                                        Confuse Which Broker is best ? , Here you can find the best regulated broker.

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