The latest fx report from JP below.
They remain fairly US$ neutral to bullish.
Forecasts for major pairs for euro to weaken to 1.33 or so.
JPY to decline to the 103 level vs US$ and the pound to come off a little.
The dollar basket to hold this level.
(From a near term trading perspective the team have raised their forecast up to the 1.40 level eurusd in a second tech near term trading report. Momentum wise i concur with this bullishness euro. This will, if correct, feed in, near term, to all sorts of correlating and inverse correlation asset markets).
Pure technical trading report to follow.
All the best
Rich