Maraging Partners expect higher EUR/USD by the end of Q4 2013

Thursday, 03 October 2013 07:21

Maraging Partners, a Moscow-based currency consultancy, have published their market view for Q4 of 2013. The report covers EUR/USD, USD/RUB, and EUR/RUB, and combines news-based and quantitative approaches. Maraging Partners, who went on record not buying "QE tapering" in Q3, now expect higher EUR/USD by the end of Q4 2013: "The status of the EUR as a conservative alternative to the USD in the reserve currency club, in our opinion, grew more solid in Q3, and we expect the news themes of the Q4 to benefit EUR at the expense of the USD."

See full text of the report on the Maraging Partners web site.

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