EUR/DKK to rise, although only just above 7.4400 – Danske Bank
- ByFXStreet-
Economists expect EUR/DKK to rise slightly and likely just enough to break the 7.4400 level after central banks announcements on Thursday. Crunch time
Symbol | Exchange | Currency |
|---|
Economists expect EUR/DKK to rise slightly and likely just enough to break the 7.4400 level after central banks announcements on Thursday. Crunch time
Analysts at Danske Bank point out that the Danmarks Nationalbank (central bank of Denmark) made another FX intervention in December. They consider it
Danmarks Nationalbank (DN) hiked its key policy rate by 50 bps to 1.75%. The decision to mirror ECB 1:1 should send EUR/DKK back down to 7.4365 near-t
The dollar has broken to new lows for the year after a relaxed-sounding Fed Chair Powell said there were the first clear signs of disinflation.
EU attempting to revive Iran nuclear deal with market staying pessimistic Crude prices could rebound from oversold conditions but stay off 2022 highs Both Iran, US likely looking...
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Strong Sell | Strong Sell | Strong Sell | Strong Buy | Sell |
| Technical Indicators | Strong Sell | Sell | Sell | Buy | Buy |
| Summary | Strong Sell | Strong Sell | Strong Sell | Strong Buy | Neutral |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Completed Patterns | |||||
| Tri Star Bearish | 1M | 18 | Aug 21 | ||
| Tri Star Bullish | 30 | 44 | Feb 01, 2023 21:00 | ||
Time | Cur. | Imp. | Event | Actual | Forecast | Previous |
|---|---|---|---|---|---|---|
| Thursday, February 2, 2023 | ||||||
| 15:00 | EUR | -6.30% | -3.30% | 0.10% | ||
| 15:00 | EUR | -6.10% | -0.80% | -3.20% | ||
| 15:00 | EUR | 10.00B | 9.20B | 10.90B | ||
| 16:00 | EUR | 70.70K | -15.20K | -43.70K | ||
| 18:00 | EUR | 2.68% | 2.77% | |||
| 18:00 | EUR | 11.60% | 11.60% | |||
| 21:15 | EUR | 2.50% | 2.00% | |||
| 21:15 | EUR | 2.75% | ||||
| 21:15 | EUR | |||||
| 21:15 | EUR | 3.00% | 2.50% | |||
| 21:45 | EUR | |||||
| 23:15 | EUR | |||||
| Friday, February 3, 2023 | ||||||
| 00:00 | DKK | 587.40B | ||||
| 02:30 | EUR | |||||
| 09:01 | EUR | 52.70 | ||||
| 15:30 | EUR | 4.01B | ||||
| 15:45 | EUR | 0.20% | 2.00% | |||
| 16:15 | EUR | 52.50 | 51.60 | |||
| 16:45 | EUR | 49.60 | ||||
| 16:45 | EUR | 51.00 | 49.90 | |||
| 16:45 | EUR | -159.30B | ||||
| 16:50 | EUR | 49.00 | 49.00 | |||
| 16:50 | EUR | 49.20 | 49.20 | |||
| 16:55 | EUR | 49.70 | 49.70 | |||
| 16:55 | EUR | 50.40 | 50.40 | |||
| 17:00 | EUR | 50.20 | 50.20 | |||
| 17:00 | EUR | 50.70 | 50.70 | |||
| 18:00 | EUR | -0.40% | -0.90% | |||
| 18:00 | EUR | 22.50% | 27.10% | |||
| 21:00 | EUR | |||||
| Current Rate | 2.50% | |
| President | Christine Lagarde |
| Current Rate | 0.05% | |
| Chairman | Nils Bernstein |