EUR/USD stance keeps looking south – OCBC

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 18, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Edinburgh) - FX Strategist at OCBC Bank Emmanuel Ng has reiterated the negative stance on the pair in the near term.

    Key Quotes

    “The EUR underperformed across the board on Tuesday as EZ yields continued to soften and headlines of bomb threats in Germany fueled background caution”.

    “As noted previously, the 1.0600/30 vicinity may remain on the cards with investors increasingly loaded for EUR bearishness of late”.
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