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Posted by
Two Blokes 11 hours ago -
Filed in
Forex
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Between 2004-2014, MUFG notes that EUR/USD generally traded above the 1.20 level before trading below this level for most of the following 10 years. With the dollar losing exceptionalism and a notably different global financial outlook, MUFG now considers that there is scope for EUR/USD to trade above the 1.20 level once again.