Nomura Now Sees EUR/USD At 1.27 By End Of September

EUR/USD saw an aggressive sell-off today after the ECB’s surprise move of cutting rates, while sticking to a broadly dovish tone on ABS purchases and the potential for QE in the future. In response to that, Nomura makes an unusual forecast adjustment, focusing on the short-term direction for EU…

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Nomura Now Sees EUR/USD At 1.27 By End Of September

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