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CIBC wins double whammy with slow-burn euro forecast

posted by Avatar hanazawa 116 days ago in JPY made popular 116 days ago

On December 16, 2011, with EUR/JPY trading at 101.45, the bank forecast the pair would fall to 99.33; on January 23, it was trading at 99.51, according to data from Thomson Reuters. The bank expects further depreciation in the euro against the yen ...
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