EUR/USD: New highs and a push on to 1.10 are a matter of time – Scotiabank EURUSD ECB Banks
50 bps in Feb and March at least and do not exclude a third 50 bps increase in May. Hawkish policy prospects will underpin the EUR.”
“Spot has met better selling pressure on gains through the upper 1.08s but the pattern of trade plus solidly bullish trend strength signals really suggest that new highs and a push on to 1.10+ are a matter of time.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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