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EUR/USD volatility reviewed - Rabobank

FXStreet (Guatemala) - Analysts at Rabobank noted that over the past month EUR/USD has traded a huge EUR/USD 1.0531 to 1.1052 range.

Key Quotes:

"While volatility has remained at a heightened level, this period has also seen the EUR/USD downtrend, that has dominated the currency pair since July 2014, begin to show signs of stalling."

"While we retain the view that USD strength will remain a key theme of 2015, recent activity underpins our view that the pace of further USD gains vs. the EUR this year will be noticeably slower relative to the pace set in the initial months of this year."

"In our view, the EUR/USD1.10/1.11 resistance area would have to be cleared before there was clear evidence of a reversal in EUR/USD."

USD/JPY falls below 119.00

The USD/JPY pair continued to decline during the American session and broke below 119.00. Price bottomed at 118.86, the lowest level since Monday.
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Riksbank to stay ‘on hold’ next week – TDS

Jacqui Douglas, Chief European Macro Strategist, expects the Riksbank to refrain from easing further in its monetary policy meeting next Wednesday...
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