##{"id":55491,"date":"2009-06-02T10:33:20","date_gmt":"2009-06-02T00:33:20","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2009\/06\/02\/usd-has-much-further-to-fall-says-td-securities\/"},"modified":"2009-06-02T10:33:20","modified_gmt":"2009-06-02T00:33:20","slug":"usd-has-much-further-to-fall-says-td-securities","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2009\/06\/02\/usd-has-much-further-to-fall-says-td-securities\/","title":{"rendered":"USD Has Much Further To Fall, Says TD Securities"},"content":{"rendered":"<p>By Rudi Filapek-Vandyck<\/p>\n<p>The US dollar weakness has much further to go still, report analysts at TD Securities. They previously set a target of EUR\/USD1.42, and that target has now been reached; much quicker than anticipated.<\/p>\n<p>Yet, the team reports this morning it wants to persist in staying short the US dollar. As such, TD Securities increases the target to EUR\/USD1.4550.<\/p>\n<p>Note the analysts: The trend against the USD looks deeply entrenched at the moment, amid concerns about the US&#8217; fiscal position, the state of demand for US Treasury product and the impact of the Fed\/Treasury&#8217;s polices on the longer term economic outlook.<\/p>\n<p>In a sign of current market sentiment, the analysts suggest that even the new target risks being lifted again at a later stage.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" border=\"0\" alt=\"\" src=\"http:\/\/www.fnarena.com\/images\/provider\/dynamic\/EUR-USD.jpg\" width=\"700\" height=\"392\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Things are moving much quicker in the USD FX trade these days, but analysts at TD Securities see no reason to abandon their position.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[29],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/55491"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=55491"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/55491\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=55491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=55491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=55491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}