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EUR/USD stalls at a key trendline ahead of the US NFP and CPI reports. What's next?
EUR/USD — All Desk Targets
30 desks
| Firm | Stance | YE 2026 |
|---|---|---|
Scotiabank | Bearish | 1.1200 |
Bank of America | Bearish | 1.1200 |
ANZ | Bearish | 1.1400 |
From the original
FUNDAMENTAL OVERVIEW USD: The US dollar weakened across the board this week following de-escalation in the Middle East and increased hopes for a US-Iran deal. The bearish momentum waned though probably because the anticipated timeline for the deal passed without an announcement.
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