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fall of eur/usd
Anggota Sejak May 08, 2014
9 pos
Anggota Sejak Oct 11, 2013
775 pos
Anggota Sejak Apr 09, 2014
891 pos
Anggota Sejak Jan 31, 2014
83 pos
Anggota Sejak Jan 31, 2014
83 pos
Anggota Sejak May 08, 2014
9 pos
Anggota Sejak Oct 11, 2013
775 pos
Anggota Sejak Oct 11, 2013
775 pos
forex_trader_28403
Anggota Sejak Jan 31, 2011
2 pos
May 27, 2014 at 12:21
Anggota Sejak Jan 31, 2011
2 pos
News u can use...
FXStreet (Barcelona) - Kit Juckes, Global Head of Currency Strategy at Societe Generale, expects the EUR/USD to grind lower towards year-end.
'I have updated my simple EUR/USD with projections based on the forward interest rate and curve, and the simplistic assumption that that peripheral spreads are range-bound from here. The upshot is that EUR/USD ‘should' end 2014 at 1.3230, a little below current levels, getting to 1.25 in 2014 and 1.20 in 2016.'
'This week's focus in Europe will be on further comment from ECB officials (though Mr Draghi yesterday seemed clear enough: They will ease in at the June 5 council meeting). The last two ECB rate cuts saw the Euro fall briefly and then bounce. This week's bounce in EUR/USD probably can't go much further, and is a chance to sell.'
There's space where u can buy up to resistance but according to this guy, the euro is going to continue to fall. It's not going to happen all at once..... but supposedly its getting weaker & the dollar is getting stronger.
FXStreet (Barcelona) - Kit Juckes, Global Head of Currency Strategy at Societe Generale, expects the EUR/USD to grind lower towards year-end.
'I have updated my simple EUR/USD with projections based on the forward interest rate and curve, and the simplistic assumption that that peripheral spreads are range-bound from here. The upshot is that EUR/USD ‘should' end 2014 at 1.3230, a little below current levels, getting to 1.25 in 2014 and 1.20 in 2016.'
'This week's focus in Europe will be on further comment from ECB officials (though Mr Draghi yesterday seemed clear enough: They will ease in at the June 5 council meeting). The last two ECB rate cuts saw the Euro fall briefly and then bounce. This week's bounce in EUR/USD probably can't go much further, and is a chance to sell.'
There's space where u can buy up to resistance but according to this guy, the euro is going to continue to fall. It's not going to happen all at once..... but supposedly its getting weaker & the dollar is getting stronger.
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