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Majors in a fundamental snapshot - ANZ

FXStreet (Guatemala) - The ANZ research team gave a snapshot fundamentally for a number of the major currencies.

Key Quotes:

“For the EUR we highlight that in the low inflation environment downside risks will dominate”.

“For GBP our focus is on the messaging of the BoE. While its inflation report read dovishly, subsequent communication has been more balanced and the rates path is looking under-priced”.

“We expect the JPY to consolidate, while in the antipodes we expect currencies to pause as well. That said, in 2015, the trend remains for weaker currencies”.

“In Asia we continue to favour CNY and INR, and highlight the rising importance of the JPY in the region”.

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