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Forex News EUR/USD: Momentum To Ease N-Term But Dips Still A Buy L-Term - Danske

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Peter

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Danske Bank FX Strategy Research has lifted its EUR/USD near-term (1-3 months) forecasts to 1.17, reflecting that the level shift higher in EUR/USD is likely to persist, while expecting momentum to ease near term amid stretched technicals, short-term valuations and positioning.

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