Flash: EUR/USD increasingly constructive towards the upside -OCBC Bank

FXstreet.com (Athens)- Emmanuel Ng of OCBC Bank, observes that the EUR/USD may look increasingly constructive towards the upside into the end of the week.

Key Quotes

“EUR/USD may look increasingly constructive towards the upside into the end of the week given the Fed’s inaction, although the upcoming weekend German elections may prove to be damper.”

“Expect consolidative behavior in the near term with perhaps a locus to be expected”