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May 21, 2013

Forex Flash: Overall upside risks for the USD are intact - JP Morgan

The technical outlook on the USD has improved following broad-based strength, violation of key resistance levels and renewed trending bias, says John Normand, head of currency strategy at JP Morgan.

Flash: If US 10 year yields break above 2%, USD will follow – Societe Generale

According to Societe Generale analyst Alvin T. Tan, direction of the US 10 year yield is key for the USD index. “For the short term direction of USD, keep a close eye on US yields,” the analyst suggests.