EUR/USD remains in the middle of the 1.21-1.26 range – Danske Bank

Chief Strategist, Valtteri Ahti at Danske Bank, explains that EUR/USD remains in the middle of the 1.21-1.26 range in which they continue to see it.

Key Quotes

“While last week’s hawkish shift but soft language from the ECB added some volatility in EUR crosses, the meeting was certainly not a game-changer, i.e. it merely confirms that the ECB is on a slow path towards ‘normalisation’ which is little surprise to the FX market.”