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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FX Forecast Update: Global Mid-cycle Slowdown to Support USD, JPY and CHF
– August 18, 2010Posted in: Long Term Forex Forecasts