Forex Flash: EUR/USD at 1.18 for end of 2013 Q1 – TD Securities

FXstreet.com (Barcelona) - As of November 08, Toronto based analysts for TD Securities have forecasted EUR/USD to be at 1.18 by end of first quarter in 2013, while USD/JPY at 80, GBP/USD at 1.55, and AUD/USD at 1.04, a recent research note shows.

So, while bullish overall in USD in the mid term as EUR/USD counts for 60% of USD index, they have a flat stance for Aussie, with a less bearish view for Cable, as they see it at same price than today for end of year 2012.

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