19 Jun 2015
Outlook for EUR/USD and crosses – Danske
FXStreet (Barcelona) - The Danske Bank Research Team offers the outlook and the key reasons behind the view for EUR/USD, EUR/SEK and EUR/NOK.
Key Quotes
“EUR/USD - lower ahead of first Fed hike, but rebound further out Divergence in growth and monetary-policy outlook still warrant downside in 3-6M.”
“EUR/SEK - Stuck between 9.10-9.60 near-term, lower medium-term Battle between Riksbank and ECB for now, further out EUR/SEK to fall on Swedish growth outperformance.”
“EUR/NOK - Lower June cut from Norges Bank but NOK stronger on decent fundamentals.”
Key Quotes
“EUR/USD - lower ahead of first Fed hike, but rebound further out Divergence in growth and monetary-policy outlook still warrant downside in 3-6M.”
“EUR/SEK - Stuck between 9.10-9.60 near-term, lower medium-term Battle between Riksbank and ECB for now, further out EUR/SEK to fall on Swedish growth outperformance.”
“EUR/NOK - Lower June cut from Norges Bank but NOK stronger on decent fundamentals.”