Here's Bank Of America-merrill Lynch's Latest Currency Market Forecasts

Courtesy of Claudio Piron and Athanasios Vamvakidis, FX strategists at Bank of America-Merrill Lynch (BAML), here are the bank's FX forecasts for G10 and emerging market currencies over the next 18 months. BAML Piron and Vamvakidis say that they maintain their positive view towards the US dollar, but believe investors will need to be "more selective" on how they position for renewed strength given "the trigger for a meaningful move higher in USD will be strongly predicated on progress on tax reform". Here's a brief synopsis on what G10 currencies they currently like, and don't like, for the period ahead. Following the French elections, the focus for the EUR shifts to the ECB QE tapering debate this fall (Spring in the southern hemisphere).

Topics:  claudio piron   athanasios vamvakidis   bank   america-merrill lynch baml    baml   piron   french   ecb qe    spring   fed   boj   eur/usd   sek   nok   chf usd   aud/usd   nzd/jpy   gbp   brexit   inr   krw   sgd   twd client   cny   china   em   watch    piron   vamvakidis   as   fx    baml    g10   usd   eur   ecb   in   jpy   eur    asia   market   currencies   outlook   months   policies   view   positive   short   position   evident   

 

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