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Eurozone: Focus on ECB minutes – TDS

Analysts at TDS suggest that with the only significant data release today being the final release of Eurozone July HICP, the focus will be on the minutes from the ECB’s 20 July meeting.

Key Quotes

“With little new information from the ECB at that meeting, one thing will be watching for is any conversation around tighter financial conditions, and how the ECB views the move higher in European rates and especially the EUR. So far the ECB hasn’t shown any obvious sign of discomfort with the EUR’s run higher, but markets will want to know where the ECB’s line in the sand lies.”

EUR/USD bearish below 1.1680 – UOB

In view of FX Strategists at UOB Group, the outlook on the pair stays neutral as long as 1.1680 is not cleared on a daily close. Key Quotes 24-hour
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EUR/NOK seen at 9.00 in 12-month – Danske Bank

Analysts at Danske Bank now expect the cross to grind lower and test the key 9.00 handle within a year’s time frame. Key Quotes “As we expected, Nor
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