TMS: the only way is up for EUR/USD
TMS Brokers topped the one-month currency forecast rankings and three-month year-to-date index this week with a positive outlook on the US recovery.
Mariusz Potaczała, chief executive and chief currency strategist at TMS in Warsaw, said the forecast was based on improving US data, anticipation for the Federal Reserve to remove technical support, and deteriorating fiscal affairs in Greece weighing on the euro.
TMS's medium-term outlook focuses on EUR/USD, which it believes is bottoming out, and
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