EUR/USD Expected to Drift Toward 1.1400 – BBH
Brown Brothers Harriman's Elias Haddad expects EUR/USD to edge lower toward 1.1400 as US growth outperforms, following a brief dip near 1.1500 after the ECB decision.
EURUSD
Brown Brothers Harriman analyst Elias Haddad reports that EUR/USD briefly dipped near 1.1500 following the ECB decision before rebounding on a US-Iran diplomatic breakthrough.
Haddad expects the pair to edge lower and stabilize closer to 1.1400, citing stronger US economic growth relative to the eurozone.
Source: FXStreet Forex News