Rabobank expects the EUR/USD to increase towards 1.15.

Home / EUR USD / Rabobank expects the EUR/USD to increase towards 1.15. FORECAST

According to analysts at Rabobank, the market has been strongly positioned for a retracement in EUR/USD since the ECB  provided unusual amount of liquidity from January last year when the QE was announced and Fed steadily normalized its monetary policy.

The analysts expect that EUR/USD will most likely increase towards the 1.15 level in the next couple of weeks, if the European stock sell-off continues.

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