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8 Mar 2017

EUR/USD sticks to the neutral outlook – UOB

EUR/USD is expected to remain neutral in the next 1-3 weeks, according to FX Strategists at UOB Group.

Key Quotes

“While we still hold the view that the strong rebound from last Friday 1.0499 low has room to extend higher towards 1.0680, the muted trading over the last couple of days has dented the immediate upward pressure”.

“Unless EUR can move and stay above 1.0610 by end of today, it is more likely that this pair has moved into a consolidation phase. Key support is still at 1.0520”.

 

 

Mar 8, 2017

GBP/USD now targets the area below 1.20 – Commerzbank

Cable could be headed towards sub-1.2000 levels, suggested Karen Jones, Head of FICC Technical Analysis at Commerzbank. Key Quotes “Sterling is in 7
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Mar 8, 2017

EUR/USD expected to reach 1.04 in a month’s view – Danske Bank

Senior Analyst at Danske Bank Sverre Holbek still sees the pair testing the 1.04 area in the very near term and 1.05 in a 3-month horizon. Key Quotes
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