The sun keeps shining on the euro – NAB
The single currency is benefiting from a spell of newfound optimism, says the Australian bank
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The times when clouds were hanging over the euro have drifted away, replaced by prevailing winds in favour of a stronger single European currency for the foreseeable future, says Gavin Friend, a senior market strategist at National Australia Bank, which topped FX Week’s one-month forecast table last week.
Political tensions that dominated the first half of the year in the run-up to elections in France have melted away with the win of one of the most pro-European
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