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Forex pairs in this Article » EUR/USD
FXStreet (Guatemala) - Shaun Osbourne, Chief FX Strategist at TD Securities said EUR/USD losses may start to slow in the 1.3575/80 area

Key Quotes:

"ECB’s Coeure commented that the ECB was considering a negative depo rate “very seriously”, driving the EUR lower as North American trade gets underway and extending the intraday drop from the mid 1.36 area. The follow-up remark “but you should not expect too much of it” was ignored by market participants."

"But, if the ECB doesn't think it will do much good, you might wonder why they’d do it in the first place. EUR/USD losses may start to slow in the 1.3575/80 area. The broader trend in EURUSD remains very choppy and we retain a “low conviction” attitude to short-term trends here for the moment."
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