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Posted by
Two Blokes Jun 15 -
Filed in
Forex
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16 views
The Euro to Dollar exchange rate (EUR/USD) surged to 43-month highs above 1.1600 this week before a retreat to near 1.1500 as the Israeli strikes on Iran triggered a rebound in the dollar. Morgan Stanley expects the dollar index will slide a further 10% over the next 12 months.