Thursday , 13 February 2025
Home Forex EUR/USD: Chance to edge lower and test 1.0320 – UOB Group
Forex

EUR/USD: Chance to edge lower and test 1.0320 – UOB Group

The Euro (EUR) could edge lower and test 1.0320; the major support at 1.0300 is unlikely to come under threat. In the longer run, bias for EUR is tilted to the upside; any advance is likely part of a higher trading range of 1.0300/1.0465, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Reserve Bank of New Zealand inflation expectations: 1yr 2.15% (prior 2.05) 2yr 2.06 (2.12)

Reserve Bank of New Zealand more to come This article was written...

Hong Kong’s ‘central bank’ says the PBOC will issue yuan sovereign bonds in HK

The Hong Kong Monetary Authority (HKMA) functions as HK's central bank.Says the...

Fed likely to stay on hold despite strong CPI, rate cuts expected in Q3

TD economists suggest that while the latest Consumer Price Index (CPI) report...

PBOC sets USD/ CNY mid-point today at 7.1719 (vs. estimate at 7.3000)

The People's Bank of China (PBOC), China's central bank, is responsible for...