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Forex pairs in this Article » EUR/USD (Barcelona) - Dips in EUR/USD remain buying opportunities, according to Brian Martin, Strategist at ANZ.

Key Quotes

"The euro's credibility is being enhanced by constructive implementation of fiscal and budgetary objectives in the euro area and the momentum building towards banking union. A very thorough examination of the banking sector is getting underway."

"Fiscal uncertainty in Washington and the transition of leadership at the Fed have coincided with a deceleration in economic activity to create the impression, rightly or wrongly, of a lack of economic leadership in the US at present."

"At the margin, the euro offers a viable alternative to the dollar. It is our impression, however, that the market has been structurally short euros not having anticipated the move higher this year. Dips therefore remain buying opportunities."
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