Euro 'particularly vulnerable'
CURRENCY FORECASTS
Karen Griffith, chief currency strategist at Pronet in London, said: "Our view turned positive seven weeks ago when notable EUR/USD and cable weekly chart support points failed. We are now using the four-hour and daily charts to identify short- and medium-term long entry points against both euro and sterling along with the Swiss franc and yen."
However, Griffith warned that the euro looks "particularly vulnerable" to further weakness over the coming six- to nine-month period, with a move below 1
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