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EUR/USD remains stuck in a consolidation awaiting the key US data to pick a direction
EUR/USD — All Desk Targets
28 desks
| Firm | Stance | YE 2027 |
|---|---|---|
MUFG | — | 1.2000 |
Citi | — | 1.1200 |
UOB | — | 1.1445 |
From the original
FUNDAMENTAL OVERVIEW USD: The US dollar has been supported since the last FOMC decision but as the hawkish repricing reached a near-term peak, the momentum waned as traders shifted their focus to the key US data. Right now, the market is pricing in a 29% chance of a rate hike in
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