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6 Aug 2013
Flash: EUR/USD should benefit from lull in ECB easing expectations - Westpac
FXstreet.com (Barcelona) - Westpac strategists believe that the euro should benefit from a lull in ECB easing expectations.
Key Quotes
“We have little sympathy for those suggesting the Eurozone economy is on the improve.”
“But price action suggests 1.3400 remains a stretch target; perhaps the high 1.33s are more realistic for fresh shorts.”
Key Quotes
“We have little sympathy for those suggesting the Eurozone economy is on the improve.”
“But price action suggests 1.3400 remains a stretch target; perhaps the high 1.33s are more realistic for fresh shorts.”