FX

EUR/USD to see small fluctuations around the 1.03 level – Commerzbank

US Dollar stays under pressure on thin holiday trading. Economists at Commerzbank expect the EUR/USD pair to hover around the 1.03 mark.

Sit back and relax, it is likely to get a bit dull

“In view of the Thanksgiving weekend, there is no data due for publication in the US. However, we are unlikely to see anything earth-shattering from the eurozone either.”

“I expect quiet Dollar markets until the weekend with small fluctuations in EUR/USD around the 1.03 level. So, let’s sit back and relax as it might get a bit dull.”

Articles You May Like

Is there more to the jobs picture? The household survey has been flat since March
NZD/USD Price Analysis: Perpendicular fall looks imminent below 0.6300
Gold Price Forecast: XAU/USD struggles around $1,800 ahead of ISM Services PMI data
The bid for stocks and bonds is relentless
Japanese Trader Taught Me The Secret to Forex Scalping…

Leave a Reply

Your email address will not be published.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