|
Forex Pub Report, October 21, 2005 |
|
The EUR/USD is in a state of flux right now and we recommend a wait-and-see approach...
...and the experts say...
(saxobank) no convincing follow through on yesterday's EUR/USD reversal, and fixed
income yields are up today. This doesn't really favor the USD bearish
view in the short term. But if European rate rises continue to match
their US counterparts, we could remain in a choppy range for some time
and we could still test some higher levels above 1.2000 short term.
(more)
|
|
|
Forex Report