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Forex Flash: EUR/USD at 1.27 by year end - Standard Chartered

By FXstreet.com December 12, 2012, 07:23:00 PM EDT

FXstreet.com (Barcelona) - In view of Standard Chartered strategists, the FOMC balance sheet expansion through fresh purchases to absorb the expiration of Operation Twist does not alter the bank's EUR/USD target of 1.27 before year-end, while looking at 82.00 as the final 2012 price for USD/JPY.




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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