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EUR/JPY: Barclays says short position is its recommended trade of the week
Forex investors should consider selling the EUR/JPY pair this week, Barclays Capital advises its clients.
"We remain bearish on the EUR/JPY from a fundamental standpoint, given the uncertainty surrounding Greece's solvency and the high risk of failed negotiations with the Eurogroup on 24 April", says Barclays.
In line with this view, Barclays recommends selling the EUR/JPY pair this week.
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