Flash: EUR/USD at 1.3400 in 3 months - UBS

FXstreet.com (Córdoba) - Economic sentiment in the Eurozone has risen once more in September and reached a two-year high, according to the UBS analyst team, which noted that the improvement has been broad based, with industry, services, and consumers all posting higher values.

Key Quotes

"This confirms our view of moderate but consistent growth toward the end of this year".

"The EURUSD rose throughout the day well above 1.35. However, given the by now increased levels of business surveys, the upward trend should slow down going forward".

"We expect the EURUSD at 1.34 in 3 months".