Fx Primus Rebates

Economic data coming up in the European session

It’s manufacturing PMI day in Europe Good day, everyone! Hope you all had a good weekend as we kick start the new month, quarter, and half-year. All eyes will be on Germany later on as the political developments there continue to take some twists and turns. But we also still have some data to navigate…

Fx Primus Rebates

BoA on EUR/USD – forecasting 1.12

Bank of America Merrill Lynch strategists in client note EUR/USD forecasts: – 1.12 in Q3 – 1.14 in Q4 (previously at 1.20) Citing: – trade tensions have obscured “relatively solid U.S. macro outlook” for both the near-term and medium-term Looking for a moderate reversal in USD strength in 2019