Flash: EUR/USD still room for further upside – Danske Bank

FXstreet.com (Edinburgh) -Analyst Lars Rasmussen at Danske Bank believes the EUR/USD can still climb further in the upcoming months due to several factors supporting this prospect.

Key Quotes

He describes these factors as follows:

“Fed tapering is likely to be postponed into 2014”.

“Risk of new political jitters in the US after New Year”.

“The tendency of EONIA rates to move higher in the euro zone”.

“Further tightening of peripheral spreads”.