0750 GMT [Dow Jones] Barclays Capital says its fair value models show that EUR is overvalued against USD and GBP and, to a lesser degree, against SEK too. Bank says this is further "compelling evidence" of a EUR overshoot, consistent with its view that it's likely to fall over the next three months. EUR now trades at $1.5667. (KJM)
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(END) Dow Jones Newswires
April 01, 2008 03:50 ET (07:50 GMT) |