Risk for EUR/USD is for a drop to at least 1.16
Summary
By sueyangfx.com August 17, 2020 at 03:52AM A note late last week via Rabobank on the US dna the euro. The bank is looking for lower in EUR/USD over the next 3 mopnths: Reasoning, in summary:
More On EUR
- Euro Forecast: EUR/USD Confronts FOMC and Geopolitical Tensions
- Euro on defensive as traders fret over Ukraine tension, hawkish Fed
- Euro Price Forecast: EUR/USD Locked and Loaded on FOMC Trade Unwind
- Dollar, Euro Down as Ukraine Tension, Fed Policy Concerns Continue
- Euro Holds Up vs. US Dollar Despite Market Mayhem Before Fed Meeting
August 17, 2020 at 03:52AM
A note late last week via Rabobank on the US dna the euro.
The bank is looking for lower in EUR/USD over the next 3 mopnths:
Reasoning, in summary: