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What forces may help a trend change lower in EUR? - Nomura

FXStreet (Bali) - According to Nomura Strategists, there are two forces, other than the ECB, which may support a trend change lower in EUR.

Key Quotes

"By Q3, we could well be past the peak in euro zone portfolio inflows."

"By Q3, the Fed may be ready to send more confident signals about the outlook with obvious implications for rate markets."

NZD/USD holding around 0.8650

The Kiwi was the under-performer during Thursday's trading, with the pair losing over 0.3% against the USD before recovering towards 0.8650.
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AUD/USD breaks below 0.9350

AUD/USD is trading with a slight heavy tone during the first hour of Tokyo, posting a session low of 0.9347 after multiple topside failures at 0.9360.
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