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EUR long-term outlook: Target of 1.15 in 3 years - SocGen

FXStreet (Bali) - According to Societe Generale, EUR/USD is set to reach 1.15 over the next three years.

Key Quotes

"We expect EUR/USD to reach 1.15 over the next three years, based on an
assumption that the 2-year US/European interest rate differential widens to around 2% from its current 44bp, and both peripheral bond spreads and global risk sentiment stabilise somewhat from current levels. The eventual success of Abenomics and more moderate oil prices suggest EUR/JPY is heading for 115."

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