Via IONG on the EUR ahead. Not seeing a volatile period for now.
- euro could fall if European data this week support the case for ECB interest-rate cuts – say to watch of business sentiment is weaker, which would shape a story that policy is too tight
- euro falls will be limited
- volatility remains “exceptionally low”
- a drop may be limited to 1.08, or maybe even just 1.0840
This article was written by Eamonn Sheridan at www.forexlive.com. Source