Why EUR/USD longs are a risky trade - Credit Suisse via ForexLive

despite the sharp decline in US rates Credit Suisse remains suspicious of EUR/USD capacity to sustain a rally The euro is down 35 pips to 1.1247 today. "We suspect the ECB will continue to jawbone it lower whenever it pushes beyond the EURUSD 1.15 level as there are enough disinflationary forces still in evidence in the euro area to make this a sensible policy," Credit Suisse argues.

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