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Posted by
Two Blokes Jun 23 -
Filed in
Forex
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18 views
After hitting 43-month highs above 1.16, earlier this month, the Euro to Dollar (EUR/USD) exchange rate has retreated to below 1.15 amid a dramatic increase in Middle East tensions and a spike in oil prices. Danske Bank notes the potential for a near-term dollar recovery, but expects longer-term dollar losses will continue with a 12-month.
