FXStreet (Barcelona) – The Credit Agricole Team maintains a long USD outlook into the Fed meeting, especially against the JPY, as noted by eFXnews.
Key Quotes
“We are long USD going into the Fed meeting and expect further gains against funding currencies.”
“USD could strengthen against G10 smalls as well as other funding currencies like JPY. We agree and believe higher USD/JPY could show itself to be the ‘path of least resistance’ in coming weeks as USD rises.”
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