Friday, 28 May 2021

In a tight range for now; staying core bearish for 1.15 - BofA

Bank of American on the euro Bank of America Global Research discusses EUR/USD outlook and sees the pair staying in a tight range in the near-term, while "Assuming risk assets remain supported, last week we argued that such monetary policy divergence is positive for the commodity currencies against the relative safe havens. ," BofA notes. 
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