Morgan Stanley, one of the largest foreign-exchange banks on Wall Street, scaled back its year-end forecast for the euro to $1.36 from an earlier projection that it would reach $1.49.
The bank cited concerns abou
EUR/NOK offers selling opportunity, says Citi, as current levels don't fit with the fundamentals.
The bank's short-term fair value model implies EUR/NOK should be around
Risks to the oil price are biased to the downside, despite healthy demand growth in emerging markets, slow non-OPEC oil supply growth, and controlled OPEC crude output, says Societe Generale analyst Michael Wittner.
EUR/USD is extending the recovery above 1.4445, towards upside targets at 1.4490 and potentially 1.4540.
The intraday higher low at 1.4378 is
The EUR/USD should rebound this week on expectations of a deal on Greece, say BNP Paribas FX strategists.
They say the pair, at 1.0612, will remain vulnerable to headlines on the Greek talks but