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Feb 18, 2014
Flash: EUR/USD still facing upside risks - Danske Bank
Flemming Jnielsen, Senior Analyst at Danske Bank notes that while his baseline scenario remains an ECB cut in both the refi and deposit rate in March (or April) and for the Fed to go on with tapering despite bumps on the road to recovery, we acknowledge that risks are now increasingly on the upside for EUR/USD.
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Feb 18, 2014
EMU: Current Account surplus narrows to €21.3B in December
Eurozone seasonally adjusted Current Account surplus narrowed to €21.3 billion in December from €23.3 billion in November, according to data released today by the ECB. Analysts expected the surplus to narrow to €21.0 billion.
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