Mar 7, 2013
Forex Flash: Sell EUR/USD rallies; target at 1.27 in 1 month - Westpac
The US dollar continues to be backed up by some inspiring data in the US, but as Westpac notes, "European data/event risk suggests selling EUR/USD rallies is the best play on majors." The banks targets 1.27 on a 1mth horizon.
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