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Danske Bank analyst Jens Pedersen expects EUR/USD to stay within the 1.17-1.20 range for now. He sees upside risk in 2018 if the ECB moves toward unwinding quantitative easing.
Currency views on the euro-dollar pair affect the relative cost of dollar-priced commodities for European buyers. The commentary is a forecast with no direct supply or demand change.
octaafrica.netDec 1, 2017After 129 past neutral macro events, EURUSD moved a median -0.1% over 5 sessions (45% higher; middle half -0.5% to +0.5%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
