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Posted by
Two Blokes May 6 -
Filed in
Forex
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2 views
FX strategists JP Morgan maintain a core bullish view on the euro, pointing to a resilient EUR/USD holding above the 1.12 handle and a broader bearish stance on the US dollar, despite recent support from firmer US economic data. “The euro continues to consolidate… the underlying trend remains intact whilst we hold above key support on.
