ANZ presents their case for staying short EURUSD

Discussion in 'Technical Analysis' started by ForexLive, Nov 27, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    ANZ bank out with their latest client note Read more bank reccos at The expectation of ECB policy easing has obviously been positive for euro area fixed income markets. Yields on short-dated notes are at record lows and the medium to long end of the market has been very well supported. As the curve has flattened, EUR/USD has tended to weaken. In part that reflects portfolio diversification out of low yielding euro area assets.

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