EUR enjoys advantage to USD, CHF and GBP – TDS
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Economists at TD Securities like EUR upside versus USD, GBP, and CHF in the months ahead.
“We’re wary of chasing EUR/USD higher here. Our GMPCA fair value sits just below 1.07, while HFFV rests around 1.09. In turn, we would look to use dips towards the 1.0750 level to position for a break of 1.10 in the months ahead. We’re forecasting a push towards 1.15 in Q2.”
“We see EUR/CHF to 1.06 and EUR/GBP through 0.90 in the months ahead.”
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