EUR/USD: Stretched positioning, what’s next? – Credit Agricole
Summary
By sueyangfx.com August 28, 2020 at 03:52PM The euro is up 69 pips to 1.1891 today Credit Agricole CIB Research maintains a “We maintain a relatively neutral outlook on EUR/USD in the near term despite the fact that the Fed’s […]
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August 28, 2020 at 03:52PM
The euro is up 69 pips to 1.1891 today
Credit Agricole CIB Research maintains a
“We maintain a relatively neutral outlook on EUR/USD in the near term
despite the fact that the Fed’s recent pivot towards average inflation
targeting has pushed the pair higher of late. This is partly because ,” CACIB notes.