Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Fundamental Analysis
EUR/USD
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="ForexSignalses, post: 161077, member: 59138"] [B]EUR/USD 6-month predict lowered to 1.10 - Rabobank[/B] Analysts at Rabobank mitigation out that the European Central Bank is the latest central bank to acquiesce a more dovish stance. They see Euros disease could accomplish an important role in supporting the ECB's policy stance. They lowered their 6-month EUR/USD predict to 1.10. Key Quotes: The ECB cannot be accused of beating roughly the bush. The Governing Council this week preempted the continuation of promoting speculation in the report to whether and furthermore, the ECB will come occurring behind the maintenance for toting uphill preserve for banks by launching TLTRO III and removing its want that rates could be heading difficult higher this year. The dovish signals from the central bank weighed on the subject of the EUR, taking EUR/USD briefly under the key 1.12 level for the first epoch by now June 2017. Over the medium-term, the accommodative approach of the ECB should pro breath cartoon intervention in the Eurozone economy. That said, in the non-attendance of a press on of economic data we expect that the EUR will remain out of favor and expect EUR/USD to drift downwards in the months ahead. We preserve our forecast of EUR/USD1.12 concerning a 3-month view. Against the backdrop of economic and political uncertainty for the Eurozone, we have revised down our 6-month forecast for EUR/USD to 1.10. We have pushed the length of our 12 mth view to 1.12 from 1.15. In this period frame, we see scope for a modest underperformance in the USD in anticipation that fears of a US recession could, in addition, to be increasing. [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…