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Posted by
Two Blokes Apr 24 -
Filed in
Forex
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4 views
The Euro to Dollar (EUR/USD) exchange rate strengthened to 3-year highs above 1.1550 before a correction to around 1.1380 as equities recovered and the dollar stabilised. UBS considers that the policy shift and notable underlying dollar vulnerability can drive EUR/USD to 1.23 during this year.