Apr 29, 2016
EUR/USD divergence trade is dead - Commerzbank
The June rate step by the Fed has become much less likely, the Bank of Japan (BoJ) is leaving its monetary policy unchanged and the ECB first has to wait and see what its latest announced measures achieve before taking further action, according to Ulrich Leuchtmann, analyst at Commerzbank, USD short positions should profit most from the three major central banks sitting tight for now.
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