EUR/USD: En-Route To 1.05 On Brexit Contagion – BofA Merrill

After GBP/USD crashed under 1.30 the euro could also follow lower over Brexit. Here is the forecast by Bank of America Merrill Lynch: Here is their view, courtesy of eFXnews: The implications of the UK referendum result are hard to nail down, but we expect them to be negative in most scenarios. We would expect Brexit to […]

The post EUR/USD: En-Route To 1.05 On Brexit Contagion – BofA Merrill appeared first on Forex Crunch.

EUR/USD: En-Route To 1.05 On Brexit Contagion – BofA Merrill

After GBP/USD crashed under 1.30 the euro could also follow lower over Brexit. Here is the forecast by Bank of America Merrill Lynch: Here is their view, courtesy of eFXnews: The implications of the UK referendum result are hard to nail down, but we expect them to be negative in most scenarios. We would expect Brexit to […]

The post EUR/USD: En-Route To 1.05 On Brexit Contagion – BofA Merrill appeared first on Forex Crunch.