EUR/USD: Likely To Test 1.16 Coming Weeks – Credit Suisse

What is the outlook for EUR/USD in the near-term? Here is their view, courtesy of eFXdata: Credit Suisse flags a scope for EUR/USD to test 1.16 in the near-term. “Since the “Franco-German Agreement” of mid-May catalysed the concept of meaningful debt mutualisation for the European Recovery Fund, the market has suppressed periphery vs core bond […]

The post EUR/USD: Likely To Test 1.16 Coming Weeks – Credit Suisse appeared first on Forex Crunch.

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