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EURUSD medium term outlook

Euro / U.S. Dollar (FX:EURUSD)  
Suntan  
FX:EURUSD   Euro / U.S. Dollar
5
0
EURUSD Medium term

USD +++
Assuming a June hike
3 or 4 hikes for 2017 still on the table
Potential balance sheet reduction
EUR +
Knee-jerk reaction to confirmation of end of QE
Actual won't happen until 2018
Unlikely to hike interest rates

Result Medium term: Sell
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