Jackson Hole: An unexpected hawkish tone on Yellen's Speech


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currencies forecast polls

EUR/USD increasingly bearish from now on: 1.1460 will likely continue capping the upside, slide below 1.1000 expected by the end of the quarter.

GBP/USD unsustainable recovery: despite the latest recovery, speculative interest still sees the pair breaking below 1.3000 and reaching fresh yearly lows.

USD/JPY holding above 100.00, modest recoveries foreseen: the pair can advance up to 105.00, but gains beyond this last are unlikely for this quarter.

AUD/USD still bearish, but decline seen limited: sentiment towards the Aussie is quite negative in term, but market can't see yet the 0.7000 level giving up.

EUR/JPY Yen still seen outpacing EUR: moderate decline expected, bearish sentiment eases in a three-month view.




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