News Headline Summary

BNP Paribas has upped its EUR/USD forecast to 1.4000

Update details:

- However, for the weeks ahead the bank says risks are skewed on the downside, given the combination of euro zone risk premia edging up and EUR rates nudging dower after last week's lower-than-expected LTRO repayment. Such a move lower will provide fresh buying opportunities according to analyst at BNP Paribas.

Reaction details:

- EUR/USD currently trades 1.3570 (-65 pips) last.

Print 12:43, 04 Feb 2013 - FX Flows - Source: Newswires