Forex Killer
Monday, August 16th, 2010

FX Forecast Update: Global Mid-cycle Slowdown to Support USD, JPY and CHF

We look for EUR/USD to adjust lower in the short term as the dollar is too negatively priced. Europe is not such a rosy story as implied by current pricing. On the longer horizon, we see more dollar-negative factors and forecast EUR/USD to trade higher than the current spot on

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