Category: Info

EUR/USD: Bulls will need to stay patient – CIBC

Analysts at CIBC, consider that long term, risks for EUR/USD are to the upside, considering EZ current account and the future tightening from the European Central Bank. They see EUR/USD at 1.18 in Q4 and at 1.23 in Q2 2019.  Key Quotes:  “Our message to EUR bulls is simple –patience is a virtue. We’ve been […]