Rabobank on the euro:
see EUR/USD trading around 1.08 out six to twelve monthspolitics could inject considerable uncertainty into the outlook for the USDUS economy resilient compared to that of the Eurozone fiscal policy could be inflationary regardless of the presidential election outcome“The inflationary implications of increased post-election fiscal outlays are likely to underpin the U.S. dollar next year”
This article was written by Eamonn Sheridan at www.forexlive.com.
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