EUR/USD: Further Correction Likely N-Term As European Investors Left ‘Over-Hedged’ – Barclays

The euro is rising amid a better market mood but remains in a wait-and-see mode. Can it continue higher? Here is their view, courtesy of eFXnews: Barclays Capital Research discusses EUR/USD this week and thinks that further risk reduction should continue to weigh on the pair. “Investors seem most heavily positioned in growth-sensitive currencies, including the […]

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