Quick EUR/USD view - range ahead

Author: Eamonn Sheridan | Category: News

A snippet from National Australia Bank on the euro, analysts there looking for a range in the coming weeks, citing:

  • an overall broad negative for risk appetite due to ongoing COVID-19 developments makes it too soon for a meaningful EUR recovery
  • range ahead 1.1500 to 1.1750
NAB add that a durable risk backdrop is needed for a more sustained recovery 

For bank trade ideas, check out eFX Plus
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose