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Barclays Capital recommendation: EUR/USD - Short.

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According to analyzes of Barclays, the best possible deal this week will be the sale of EUR against USD.

Analysts of the bank are absolutely convinced that on Thursday the ECB will extend the QE program and will download base deposit interest rate by 10 basis points

From Barclays Capital expect the ECB statement this time to be very detailed and aggressive, which will surprised investors greatly. For this reason, Barclays recommends to the customers short positions in EUR/USD with target focused near minimum quotation from 2015, around 1.0460.

EUR-USD-30nov-12_05


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