Category: longerterm
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Longer-term downtrend intact By Investing.com
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The exchange rate, after falling sharply from 162 in early July to 141.7 in early August, has recently stabilized within a range of 143.5 to 149.5. In a note to clients on Wednesday, UBS analysts said: “We believe this range is likely to persist over the next three months, for…
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Longer-term downtrend intact By Investing.com
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The exchange rate, after falling sharply from 162 in early July to 141.7 in early August, has recently stabilized within a range of 143.5 to 149.5. In a note to clients on Wednesday, UBS analysts said: “We believe this range is likely to persist over the next three months, for…
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UBS maintains EUR/USD longer-term target at 1.0500 post French election By Investing.com
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UBS kept its long-term target for the exchange rate at 1.0500, following the French parliamentary elections, citing weakness in the far-right National Rally party and a strong showing by President Emmanuel Macron’s centrist party. Despite the uncertainty surrounding the formation and composition of the new French government, UBS highlighted that…