Forex Flash: EUR/USD to appreciate to 1.4000-1.4500 this year – ANZ (Barcelona) - Recently the EUR/USD has paused for breath following the strong opening to euro area markets this year. However, according to Brian Martin and Amber Rabinov at the ANZ Research Team, “the consolidation may also reflect a lack of conviction to commit to new positions in the short term given the recent volatility in price action.”

Ultimately, “we retain our constructive outlook on the currency, view dips as buying opportunities and anticipate further appreciation in EUR/USD towards 1.4000-1.4500 this year.” they add.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.