EUR/USD seen at 1.30 by year-end - Scotiabank

By FXstreet.com | June 09, 2014 AAA

FXStreet (Bali) - Camilla Sutton, CFA, CMT, Chief FX Strategist at Scotiabank, calls for a 1.30 target in EUR/USD by year-end.



Key Quotes



"EUR is soft, but still trading within last Thursday’s 1.3503 to 1.3670 range as the market continues to digest last week’s ECB action."



"Technical studies have shifted to a more bullish outlook; however signals are generally weak."



"We expect EUR to be somewhat range bound in the near‐term before depreciating into year‐end, with a Q414 target of 1.30."



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