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Posted by
Two Blokes Apr 26 -
Filed in
Forex
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Danske Bank has turned more bullish on EUR/USD, expecting a steady rise over the coming year, driven by weakening US fundamentals and continued concerns about US asset confidence. "We have turned bullish on EUR/USD in both the near and medium term, targeting a gradual move toward 1.22 over a 12M horizon," says Danske Bank.