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EUR/USD: Consensus shifts lower on Dollar resilience – Societe Generale

Kit Juckes at Societe Generale notes that EUR/USD forecasts have been repeatedly revised down as Dollar strength persists.

Kit Juckes at Societe Generale notes that EUR/USD forecasts have been repeatedly revised down as Dollar strength persists.

While consensus has moved from 1.20 to 1.16 and Societe Generale now sees 1.15, client discussions suggest markets are even more Dollar-bullish.

Market commentary only, not advice. 40 words on the desk. Trading involves risk. Headline credited to FXStreet.

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