EUR/USD to stay in the recent tight range – Danske Bank

Analysts at Danske Bank do not expect any big news from the ECB, which in turn should keep EUR/USD in the recent tight range.

Key Quotes

“With ECB tightening pushed far out into the horizon, in the short term the market will be alert to QE and/or rate cut signals from ECB, which have the potential to lower EUR/USD to 1.10 short-term.”