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Apr 13 - 11:00 AM
EUR/USD, USD/JPY: Staying Neutral; 3 Big Figures Range Intact N-Term - BTMU
First appeared on eFXplus on Apr 13 - 09:10 AM

BTMU Research discusses EUR/USD and USD/JPY outlook and maintains a tactical neutral bias, expecting EUR/USD to trade in 1.2150-1.2450 range and USD/JPY in 105.50-108.50 range in the near-term.

"Policy and economic indicators have not been moving USDJPY much recently, though the USD weakening has paused. Russia and the US administration’s trade threats are risks, but China’s trade response has helped steady the markets.

There is clear inconsistency not only for investors but also for political risk globally, and there is little sense of direction," BTMU argues. 

Source:
BTMU Research

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