# EUR/USD: Lower bias? - Rabobank - Forex Crunch

> Rabobank's Jane Foley says the market has positioned for significant monetary easing ahead of the September 12 ECB meeting. She maintains a forecast that EUR/USD will trade at 1.10 over one to three months. Fed rate cut expectations and US fiscal policy are also in play.

- Date: 2019-08-29 · published 2019-08-29T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/57804-eur-usd-lower-bias-rabobank-forex-crunch
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A bearish euro outlook from a major bank points to a firmer dollar, which can pressure dollar-priced commodity values.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Sources

- forexcrunch.com: https://www.forexcrunch.com/blog/2019/08/29/eur-usd-lower-bias-rabobank/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.