While EUR/USD fell to a multi-year low last week on a further divergence in Fed-ECB monetary policy expectations, we see limited short-term downside from here. Our reasons for this non-consensus view are thus. First, the ECB is unlikely to make a case for additional policy action anytime soon w…

Read more from the original source:
EUR/USD: Time For A Bullish (Contrarian) View? – Credit Agricole
