Friday, June 24, 2011

EUR/USD 1,4188

Weak global economic data and uncertainty about Greece’s short-term liquidity problems are weighing on the market suggesting more downside risks for the EUR/USD, according to what analysts at the Danske Bank wrote in its weekly report. Risk will probably persist at least until the next ECB meeting on July 7 says the report. “We would wait for lower levels to position for the relative rates driven rebound in EUR/USD that we still expect during the summer.”



  1. still hoping usd stays strong

  2. wow, it keeps getting lower and lower, do you have a record of the lowest point it had?