Standard Chartered Forecast: ECB Will Cut Again, EUR/USD and EUR/JPY Vulnerable

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  Posted by Two Blokes Jun 9 - Filed in Forex - 3 views
  
  The Euro to Dollar (EUR/USD) exchange rate tested 1.1500 this week before a retreat to just below 1.14. Standard Chartered expects Euro-Zone disinflation pressure will weaken the Euro and it sees scope for EUR/USD to weaken to 1.1250.