Free Trial

JPMorgan cut their 1year EURUSD.........>

EURO-DOLLAR
EURO-DOLLAR: JPMorgan cut their 1year EURUSD forecast to 1.15 from 1.17
previously.
Reasoning:
- The ECB is no longer relaxed about the economy and the lack of progress on
inflation. The ECB's increased urgency to act could help restore the missing
link between economic performance and the currency to the detriment of EUR
- Central bank demand for EUR could be moderating and USD demand could be on the
rise again based on the IMF's 1Q19 Currency Official Foreign Exchange Reserve
(COFER) data on reserve allocations

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.