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#1 31-05-2018 20:45:58

johnedward
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From: Paris - France
Registered: 21-12-2009
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EUR/USD: Rabobank downgrades its forecast for the euro

EUR/USD: Rabobank downgrades its forecast for the euro


http://www.forex-central.net/forum/userimages/rabobank.png


Rabobank reports that it has made a downward revision of its EUR/USD forecast following recent developments.

"Although the pace of the EUR/USD's decline in recent weeks has exceeded our expectations, we continue to see potential for further decline and have revised our 12-month EUR/USD forecast to 1.12 vs. 1.15 previously.

In view of the risk that the market will take a breath after the recent dive, we target 1.15 within the next 3 months.
"


"Anything worth having is worth going for - all the way." - J.R. Ewing

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