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Barclays, BNP, UBS: Euro Rally Temporary; Expect Declines

posted by Avatar ForexPlaybook 747 days ago in USD, EUR, Fundamental

Analysts are reaffirming their “bleak” outlooks for the euro, noting that the present relief rally is expected to be a “temporary” one.

Ian Stannard, a senior currency strategist at BNP Paribas, has reaffirmed his call for the euro to trade down to parity against the US dollar.
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