- Raises Euro year end forecast to 1.2700 from 1.2200.
- Raises GBP year end forecast to 1.5900 from 1.5500.
- Raises AUD year end forecast to 1.0700 from 1.0500.
- Raises NZD year end forecast to 0.8100 from 0.7700.
- Raises CAD year end forecast to 0.9800 from 1.0200.
The Fed may do even more easing, while ECB bond-buying program “significantly reduces tail risks” for Europe.
Euro, franc maintained “underweight”, JPY lowered to ‘Underweight’ .
Thank-you StanChart .