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Forex Flash: EUR/USD above 1.40 during 2013 - ANZ

By FXstreet.com,  January 10, 2013, 07:48:00 PM EDT

FXstreet.com (Barcelona) - According to ANZ analysts team, sentiment towards Eurozone crisis is starting to change, and as such, "we expect this momentum to continue and to be visible in a re-weighting of risk appetite towards the euro," the bank says.

"During 2013, this should be reflected in narrower intra-regional bond spreads, firmer equity markets and a gradual appreciation in EUR/USD above 1.40," they add.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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