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Forex Flash: EUR/USD higher on near term USD weakness – ANZ

By FXstreet.com,  January 14, 2013, 08:12:00 PM EDT

FXstreet.com (Barcelona) - According to ANZ's FX Strategy Team: "We continue to expect the current range-bound nature of many currency pairs to break via a weakening in the USD," the analysts say, adding: "This year we
look for a further unwind of 2012's EUR disaster premium. Budgetary gains in Europe have been slow coming, but are clearly identifiable, and current account improvement will gradually reduce the need for external financing of the periphery," they conclude.




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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