The dollar is the major currency with the most bullish outlook, according to analysts at Westpac, who use a tripartite currency forecasting model as a basis for their trading recommendations.
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With the impact of Brexit on the Eurozone seemingly minimal at the moment, there seems less and less chance the ECB will start to reflate the economy in September, at least according to Credit Agri…
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The euro is coming under pressure against the dollar both from a technical and fundamental perspective.
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Morgan Stanley see current fundamentals providing a win-win climate for the euro.
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Finally, some life in the EUR/USD exchange rate.
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If the pair rises further it will encounter resistance from a major trend-line –a break above that would be required to signal a continuation up towards the top of the range, ushering in a more bul…
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The EUR/USD pair has risen to near to a major multi-year trend-line where it will be tested. Can it break higher and start to move up towards the 1.17 range highs or will it capitulate and fall bac…
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