BofA FX strategists see accelerated de-dollarisation, bearish on dollar

BofA FX strategists see accelerated de-dollarisation, bearish on dollar
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BofA FX strategists see accelerated de-dollarisation, bearish on dollar
Source link
There’s just a couple to take note of on the day, as highlighted in bold. And they are all for EUR/USD layered in between 1.1750 through to 1.1800. The broader market focus turns to trade and the return of Wall Street later in the day, so the expiries above are likely to keep price action…
The situation changed slightly during the past trading day. After a successful attack, buyers stopped, not giving their opponents the opportunity to use this pause. As a result, the course froze at a certain price level. Now, after resting a bit, buyers are likely to start forcing events again, which will lead to further price…
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Japan Unemployment Rate meets forecasts (2.6%) in November Source link
Expectations for sticky, elevated Australian inflation have traders looking for bullish Australian dollar setups. Our Event Guide for Australia’s November CPI Report suggests this week’s data could push Reserve Bank of Australia members closer to talking about rate hikes. If the November CPI remains hot as expected, setups like AUD/JPY and AUD/NZD may…