EUR/USD should remain heavy - OCBC

By FXstreet.com | Updated June 10, 2014 AAA

FXStreet (Bali) - Emmanuel Ng, FX Strategist at OCBC Bank, holds a bearish outlook on EUR/USD, expecting 1.3530 to be tested.



Key Quotes



"The EUR-USD is essentially back (and then some) at pre-ECB levels with the respective rate differential continuing to bolster the greenback. Weekend comments from the ECB’s Coeure and Noyer yesterday continue to bear a bearish flavor and the temptation may remain for the pair to depart from the 1.3600 handle towards 1.3530."



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