EUR/USD to trade between 1.03 and 1.09 – Societe Generale

FXStreet Insights Team FXStreet

The Euro (EUR) is back where it was before parliamentary elections were called, Societe Generale FX strategist Kit Juckes notes.

EUR is beck where it was

“1-mnth volatility is most of the way back to where it was before parliamentary elections were called. Insouciance or simply a case that the consensus was already so negative that it takes a lot of bad news to get it significantly lower?”

“Either way, I still think there’s less upside from here than downside and we see a 1.03-1.09 range holding for the rest of the year.”

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