FXStreet (Bali) - Short EUR remains favoured, in view of Richard Franulovich, FX Strategist at Westpac.



Key Quotes



"Our G10 model has been consistently short EUR all year and approaches September with a decent 17% short position. With the exception of a bullish current account momentum signal - reflecting the region's healthy external balance - all of our signals are uniformly negative EUR including: growth, total yield, long term valuation (both PPP and terms of trade), short term TWI fair value and logic probability."



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    A Fundamental Push for Key EURUSD, GBPUSD and USDJPY Levels?

  2. Forex News

    EURUSD and GBPUSD Will Decide Make-or-Break In Holiday Trading Conditions

  3. Forex News

    Holiday Conditions and Record Equities Remind of Bigger Liquidity Risks

  4. Forex News

    Greek optimism hitting brick wall - BBH

  5. Forex News

    EUR/USD re-focused on 1.1000

Trading Center