eFXdata reports that analysts at Danske Research discuss EUR/USD outlook.
"For EUR/USD, the most interesting event last week was of cause the round trip in spot after the ECB meeting. As, on Friday, spot dropped from 1.1690 to 1.1540. With EUR/USD back to where we started (and lower), we do not see any of the fundamentals as having changed and this is well in line with our view to fade the post-ECB price action. Indeed, we will continue to expect a near-zero (if not negative) correlation to rising European interest rates and EUR/USD."
"This week, focus will turn to US payrolls and the FOMC meeting. We expect both events to support USD, and in 12M we forecast EUR/USD at 1.10."