Both the pound and the yen suffered under the burden of the dollar gains. But earlier, the currencies went in different directions. What’s next? Here is their view, courtesy of eFXnews: Bank of America Merrill Lynch FX strategy Research argues that short-term risks look balanced for GBP and JPY. “On GBP, weaker data and headline risks from [...]
The post GBP, JPY: Balanced Risks S/T; Buy A GBP Dip & Sell A JPY Rally L/T – BofAML appeared first on Forex Crunch.
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