EUR/USD: A fall from grace or a positioning squeeze or both? – Credit Agricole
Credit Agricole CIB Research discusses EUR/USD outlook and sees the pair is slightly cheap around current levels. “There are a number of drivers behind the EUR’s sudden fall from grace. In the case of EUR/USD, we had the reassessment of the Fed outlook in the wake of last week’s Non-farm payrolls that boosted the USD […]