September ' 18 Euro Report
Since our last report in July '18, Euro has stayed below 1.176 while the Chinese Yuan, Turkish Lira and Argentinian Peso have seen dramatic falls. Dollar's safe haven status is rising, while far-end bond yields continue to stay sluggish. We analyze German-US yield spreads and positioning by Euro traders to forecast the next move on Euro-Dollar. Crucial indicators on long term Euro-Dollar charts lead to a revision of our earlier view for the coming 12 months.
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