Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jul 18 - 03:55 AM

EUR/USD - Little Sense Betting ECB Decision Can Move EUR/USD Far

By Jeremy Boulton  —  Jul 18 - 02:30 AM
  • There is a 90% chance the ECB makes no changes to interest rates

  • Little change is expected between U.S. and eurozone rates in long-term

  • A rate gap of around 1.5% is likely to hold until the end of next year

  • Option suggest no big movement anytime soon - one-month vol 5.1

  • EUR/USD is only 70 pips above centre of last year's range

  • last year's ranges was 2nd quietest on record, this year quieter

  • Time and place to establish EUR/USD carry trades approaching nL1N3J90AS

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!