Analysts from Dankse Bank have commented that the EUR/USD pairings are poised for new year highs heading into autumn. They are doubtful is Euro will go into the massive lockdown initiatives as per before. Below is their comment for your viewing:
“In our base case that Fed delivers on its inflation hints with enhanced forward guidance in September, a reflation narrative is set to keep USD under pressure in Q3 and make a test of new year-highs in EUR/USD the dominating risk into the autumn”.
Interesting views.
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