- Analytics
- News and Tools
- Market News
- EUR/USD: Three factors to drag the pair down – Danske Bank
EUR/USD: Three factors to drag the pair down – Danske Bank
In EUR/USD, economists at Danske Bank view flows, terms of trade (ToT) and levels as adding to downside risks.
Terms of trade
“In recent quarters, terms of trade have strongly improved for the US. We suspect this may be an effect from commodity exports and broad technology alike, whereas the euro area more so sees the negative effect from rising import prices.”
Flows
“For flows, the loss of global momentum in the manufacturing sector does appear to have become a drag on European equities, whereas US performance continues.”
Levels
“We suspect the downside risk is amplified by EUR/USD (still) being elevated and the level is itself a headwind to spot.”
© 2000-2026. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
