Forex Flash: EUR/USD at 1.18 for end of 2013 Q1 – TD Securities

FXstreet.com (Barcelona) - As of November 08, Toronto based analysts for TD Securities have forecasted EURUSD to be at 1.18 by end of first quarter in 2013, while USDJPY at 80, GBPUSD at 1.55, and AUDUSD at 1.04, a recent research note shows.

So, while bullish overall in USD in the mid term as EURUSD counts for 60% of USD index, they have a flat stance for Aussie, with a less bearish view for Cable, as they see it at same price than today for end of year 2012.