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Posted by
Two Blokes Jul 30 -
Filed in
Forex
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2 views
From 45-month highs at 1.1830 in early July, the Euro to Dollar (EUR/USD) exchange rate has dipped to below 1.1550 on a dollar recovery. The bank expects consolidation will be the dominant short-term theme but, on a longer-term view, however, it expects US Administration policies will weaken the dollar.
