Euro To Trade Sideways In Feb Before Slow Decline Towards 1.25 – Crédit Agricole

The month ahead for EUR is likely to be characterised by range-trading around end-December 2012 levels. This directionless path should persist until US fiscal negotiations provide greater clarity and the ECB provides further policy accommodation. After these policy hurdles are cleared, in Q1 we…

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Euro To Trade Sideways In Feb Before Slow Decline Towards 1.25 – Crédit Agricole