EUR/USD Could Grind Higher Towards 1.25: UBS
Following the "Leave" side prevailing in the U.K. referendum, UBS analysts believe the EUR/USD will continue its gradual convergence higher toward a fair value of around 1.25. Daniel Waldman and team said in their July 5 research piece titled “Global FX Atlas: Which views remain after Leave?” that they believe the USD's strength has been limited post-referendum.
GBP remains the best way to trade Leave vote
Waldman and colleagues believe that post the U.K. referendum, the FX implications have been limited and mostly . . .
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