Chocolate Pips

According to the Euromoney poll of 2008, the banks listed below have the corresponding percentage of FX flows.

Deutsche- possibility of Euro at 1.50-1.60 over the next two quarters.

UBS- expect further dollar strength and remain short EURUSD from 1.3180, targeting 1.2500. USDJPY forecast remains unchanged at 0.90. USDCAD- 3-month target stays at 1.30

Citi- no tips but saying good overseas names selling Aus$

RBS- favour long Gold- min target 1245 stop 800

GS- favour long GBP