FX DAILY STRATEGIST: US – 04 August 2011

• Key for EUR will be whether the ECB considers restarting SMP
• Japan intervenes to weaken JPY, BOJ eases policy
• A sustained USDJPY rally is unlikely given current market nervousness

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http://www.easyforexnews.net/wp-content/uploads/2011/08/Daily-FX-Str_US_04August2011.pdf

 

BNP Paribas
Corporate & Investment Banking