Forex Flash: EUR/USD dips to be limited to 1.2435-65 - BNZ
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EUR/USD
FXstreet.com (Barcelona) - Looking ahead, "the approach of the all important ECB meeting on Thursday night may limit trading interest over the next 24 hours" says Mike Jones, senior currency strategist at Bank of New Zealand.
For the EURUSD, heading into the ECB meeting, "we are wary of the EUR downside if Draghi holds back on targets for peripheral yields, yet big picture, we are still constructive on the EURUSD and expect any near-term dips to be limited to 1.2435-65" Mr. Jones adds.
For the EURUSD, heading into the ECB meeting, "we are wary of the EUR downside if Draghi holds back on targets for peripheral yields, yet big picture, we are still constructive on the EURUSD and expect any near-term dips to be limited to 1.2435-65" Mr. Jones adds.
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