Tuesday, November 2, 2010

Latest from Mr Taylor at FX Concepts

16:21CET

Speaking at the Euromoney Forex Forum in New York, John Taylor has opined that EUR/USD will slip to 1.10 within 6 months and 1.00 within 12 months.  He sees concerns over sovereign debt in euro zone peripheral countries like Ireland and Greece pressuring the pairing.

He sees USD/JPY falling to 70-75 within the next 12 months.

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