USD Correction Begins Vs JPY, CAD; AUD/USD Squeeze Risk – BofA Merrill

In a note to clients today, Bank of America Merrill Lynch reiterates its structural bullish USD views arguing that evidence says that the Greenback is in the midst of a medium, if not long term, bull trend. However, in the very short-term, BofA warns that across currencies, the USD looks set to…

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USD Correction Begins Vs JPY, CAD; AUD/USD Squeeze Risk – BofA Merrill