Sat05192012

Last update01:17:20 PM

Back News Fundamental Banks Forecasts

Forex - UBS revised up euro forecast

UBS

Analysts at UBS raised 1-month forecast for euro from $1.2000 to $1.3000 and increased the 3-month projection from $1.1500 to $1.2500. The specialists also lifted up their 3-month forecast of USD/JPY’s rate from 75.00 to 77.00.

According to UBS, short-term risks diminished: the situation in the euro zone’s banking sector will improve due to ECB’s Long-term liquidity operations (LTLO) operations, while the threat of a disorderly Greek default for now subsided.

published by FBS Holdings © 2012

 

 

 


blog comments powered by Disqus

Softwares

Zulutrade - Forex Automated Trading iPhone App

Zulutrade - Forex Automated Trading iPhone App

Wednesday, 16 May 2012

Zulutrade lets you connect to thousands of forex traders worldwide, allowing you to follow their trades, real-time, directly executed in your live acc...

Read more...

Loading...
Advertize here

 

Broker reviews

Dukascopy Swiss Forex Bank

ECN Spot Forex Liquidity

The huge growth of one-click Forex ECN liquidity ensures the position of Swiss Forex Bank & Marketplace as a market leader of Forex liquidity providers on the professional Currency Exchange Market.

Dukascopy - Swiss Forex Bank & Marketplace's business model derives its success from the top quality institutional Forex facilities in combination with financial stability. Learn more


Dukascopy Bank