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NEWS: UBS says to sell EUR/NZD and notes overly-aggressive easing priced into RBA December 03, 2019 at 12:48AM

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UBS says its strongest direction view is short EUR/NZD
UBS notes that December is the strongest month for NZD/USD on average over the past 20 years and that a crowded NZD-short is vulnerable. They also note that US tariffs against France (which were imposed hours ago) are a potential negative catalyst for the euro.

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