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Forex Flash: Choppy EUR/USD trading expected in months ahead - Rabobank

August 10 2012 | Filed Under »
Forex pairs in this Article » EUR/USD
FXstreet.com (San Francisco) - Without any doubt, the USD has strong safe haven value and, in times of extreme market uncertainty, the USD performs well under risk aversion.

"That said, USD fundamentals leave a lot to be desired and over the past two years this fact has provided plenty of support for EURUSD," comments Rabobank. "In the months ahead we expect that weakness on both sides of the Atlantic is likely to pan out into more choppy range trading for EURUSD."
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