EUR/USD: Recent gains unlikely to continue – Crédit Agricole

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EUR/USD: Recent gains unlikely to continue – Crédit Agricole
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EUR/USD: Recent gains unlikely to continue – Crédit Agricole EURUSD Fed Eurozone Banks

growth outlook. They may also be too confident in the growth-positive impact from the post-Covid reopening of the Chinese economy.”

“We note that the EUR is the biggest market long in G10 FX at present while EUR/USD is trading at a premium relative to its short-term fair value of 1.05.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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