BTMU Research discusses EUR/USD outlook, and note that price action in the foreign exchange market recently highlights for sure the potential benefits of holding the EUR in these uncertain times in the financial markets.
However, BTMU sees the greatest risk of this low euro volatility coming to an end due to technical factors.
"EUR/USD is once again threatening to breach the 1.2500 level. There have been three attempts at this level in January and February. A fourth attempt, if successful, would likely fuel a sharper move to the upside, which in turn could create a degree of uncertainty over the monetary policy outlook," BTMU argues.