Created
: 2025.02.11
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
EUR/USD is holding steady around 1.03 - Danske Bank
Breaking news
EUR/USD is holding steady around 1.03 - Danske Bank
New
2025.02.11 17:20
2025.02.11 17:20
2025.02.11 17:20
EUR/USD has dropped toward 1.03 following another tariff headline over the weekend, with Trump announcing that he will impose 25% tariffs on US imports of steel and aluminum - primarily impacting Canada, Mexico, Brazil, and China, Danske Bank's FX analysts report.
EUR/USD to trade in the 1.04-1.05 range
"Tariff fears are strengthening the broad USD and pushing short-term US inflation expectations higher and prompting markets to price in faster rate cuts outside of the US. Yesterday saw mostly sideways trading, and a similar pattern is likely today ahead of tomorrow's US CPI print and Fed Chair Powell's testimony before Congress."
"Our tactical bias remains toward lower US yields and a broadly weaker USD. Historically, the broad USD tends to weaken when the manufacturing sector improves relative to the services sector, which we explore in this week's RtM USD."
"In the near term, we expect EUR/USD to trade in the 1.04-1.05 range, while maintaining our strategic view that EUR/USD could test parity over the course of the year."
Last updated
: 2025.02.11
Related articles
EUR/USD Price Analysis: Bulls push higher but face key resistance
24 minutes agoGBP/USD drops below 1.2400 after US CPI data
2025.02.12 23:57USD/CAD jumps as hot US CPI boosts Fed 'higher for longer' interest rates bets
2025.02.12 23:48AUD/USD flirts with weekly lows near 0.6230 post US CPI
2025.02.12 23:07USD/JPY rises to fresh weekly high above 154.00 after US inflation data
2025.02.12 22:54EUR/JPY Price Forecast: Surges to near 159.60 as Japanese Yen languishes across the board
2025.02.12 22:36
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
EUR/USD Price Analysis: Bulls push higher but face key resistance
The EUR/USD pair edged higher to 1.0375 on Wednesday, as buyers extended their recent recovery efforts.
New
2025.02.13 00:56GBP/USD drops below 1.2400 after US CPI data
The Pound Sterling slipped during the North American session after the latest United States (US) inflation report showed that prices continued to rise, pushing back expectations of a Federal Reserve rate cut in the first half of 2025.
New
2025.02.12 23:57USD/CAD jumps as hot US CPI boosts Fed 'higher for longer' interest rates bets
The USD/CAD pair climbs to near 1.4340 in North American trading hours on Wednesday.
New
2025.02.12 23:48AUD/USD flirts with weekly lows near 0.6230 post US CPI
The US Dollar caught a fresh wave of buying on Wednesday, vaulting the US Dollar Index (DXY) to weekly highs above 108.00.
New
2025.02.12 23:07USD/JPY rises to fresh weekly high above 154.00 after US inflation data
USD/JPY gathered bullish momentum in the early American session on Wednesday and reached a fresh weekly high near 154.50.
New
2025.02.12 22:54EUR/JPY Price Forecast: Surges to near 159.60 as Japanese Yen languishes across the board
The EUR/JPY pair extends its winning spell for the third trading day on Wednesday.
New
2025.02.12 22:36US Pres. Trump: Interest rates should be lowered
US President Donald Trump said on Wednesday that interest rates should be lowered, adding that they would "go hand in hand" with upcoming tariffs.
New
2025.02.12 22:09EUR/GBP to trade at 0.8150 in the end of the year - Rabobank
While the UK's growth outlook has suffered a significant setback relative to the more optimistic tone that was prevalent in the market after last July's general election, the EUR also faces headwinds of its own, Rabobank's FX analyst Jane Foley notes.
New
2025.02.12 21:39USD/CAD is trading at the lower end of the 1.4260-1.4800 range - BBH
USD/CAD is trading at the lower end of its year-to-date 1.4260-1.4800 range, BBH FX analysts report.
New
2025.02.12 21:34US Dollar steadies ahead of US CPI, Powell's second day at Capitol Hill
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, trades flat around 108.00 after Federal Reserve (Fed) Chairman Jerome Powell kept his cards close to his chest when facing lawmakers on Tuesday at Capitol Hill.
New
2025.02.12 20:58Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
