Switzerland: Feb Unemployment Rate n.s.a (MoM) flat at 3.1%
Mar 7, 2013
Forex Flash: Sell EUR/USD rallies; target at 1.27 in 1 month - Westpac
The US dollar continues to be backed up by some inspiring data in the US, but as Westpac notes, "European data/event risk suggests selling EUR/USD rallies is the best play on majors." The banks targets 1.27 on a 1mth horizon.
After dipping to the area of 1.2965 at the end of Wednesday trading, the single currency has managed to pick up pace and head back to the proximities of the key mark of 1.3000 on Thursday, ahead of a...