Via BNP Paribas analysts, looking for a stronger euro still:
“If European investors agree with our view that there could be a rotation out of U.S. assets with the euro a key beneficiary, hedge ratios could rise or dollar asset allocations could be reduced.” could drive a higher EUR/USDthe sensitivity of the euro to rotation out of U.S. equities into Europe could be higher than it has been in the past due to eurozone investors’ larger stocks of U.S. equity holdings now This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about bnp paribas on another likely catalyst for a higher eur usd was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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