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Coleman: 'Aggressively' lower levels in EURUSD
There will be an increase in dollar buying over the coming months, according to Ian Coleman from First 4 Trading. He's prediciting "aggresively" lower levels in EURUSD and higher levels in USDCHF.
Ian's been giving some of his predictions for major forex pairs for the new year. Despite the euro weakening against the dollar, he does see EURGBP moving to the upside. He thinks the fundamentals aren't quite there for sustained strength in the pound and we could soon seen a bear trend in cable. He dismisses talk that sterling could be some sort of safe-haven currency in 2014.
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01:11 minutes
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