EUR/USD: Weak US Data Supportive; Staying Long For 1.31 – Credit Agricole

We remain of the view that elevated speculative short positioning and further stabilizing monetary policy expectations will lead to a further correction higher in EUR/USD. Weaker than expected US retail sales should come to the detriment of both, inflation and growth expectations. This in turn …

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EUR/USD: Weak US Data Supportive; Staying Long For 1.31 – Credit Agricole