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#1 02-07-2018 21:28:45

johnedward
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From: Paris - France
Registered: 21-12-2009
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EUR/USD: BNP Paribas downgrades its forecast for the pair

EUR/USD: BNP Paribas downgrades its forecast for the pair


http://www.forex-central.net/forum/userimages/BNP-Paribas-Logo.jpg


BNP Paribas is downgrading its EUR/USD forecast to 1.24 by the end of 2018 from 1.28 previously.

As for the GBP/USD, it is now expected to hit 1.41 vs. 1.45 previously.

BNP Paribas (and banks in general) remain bullish on the EUR/USD in the medium/long term, but many have revised their expectations to the downside since the June ECB meeting.


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

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