Menu

Search

  |   Commentary

Menu

  |   Commentary

Search

Current EUR/USD deadlock in the 1.13-1.14 band may not be broken easily: UniCredit

Quotes from UniCredit Research:

-EUR: Despite the Fed's moving a step closer to a rate hike, the USD has been unable to benefit, largely because we think a lot is already in the price. Hence, the current EUR-USD deadlock in the 1.13-1.14 band may not be broken easily.

-Today's economic agenda may even offer a modest bias to the upside for the EUR if US CPI and durable goods orders come in on the soft side, as we expect.

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.