Barclays: Trade idea of the week is to sell EUR/USD rallies

Idea for the week aheadShort EURUSD: We expect the recent rebound in EURUSD to be short-lived as economic fundamentals still point to a significant decline in the medium-term with the Fed firmly on a (gradual) policy normalization path, while the ECB is increasingly likely to announce QE in January 2015. As such, we prefer fading any move higher for the pair.

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