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Daily outlook for EUR: UniCredit

Quotes from UniCredit Research: -EUR: Ms. Janet Yellen was upbeat on the economy and in our view the date of the first rate hike is getting closer. Yet, market did not see convinced, with US yields falling and the USD go…

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Quotes from UniCredit Research:

-EUR: Ms. Janet Yellen was upbeat on the economy and in our view the date of the first rate hike is getting closer. Yet, market did not see convinced, with US yields falling and the USD going nowhere.

-US data likely coming soft in the rest of the week may hurt the USD with EUR-USD further trading in the 1.13/ 1.14 band for now.

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