EUR/USD: Not minded to buy this dip below 1.0900 – Credit Suisse EURUSD USDJPY GBPUSD Banks
Risk-reward for chasing GBP/USD even after its pullback since last week’s BoE meeting is not attractive
“Similarly with USD/JPY, as in recent weeks, we still see no reason to look for a move to emerge towards our original 125.00 Q2 target, with the BoJ’s ongoing dovishness signaled at its late-April meeting suggesting only levels above the 200-DMA at 137.05 offer decent trade location. Even then, like with“Turning to GBP/USD, the pair briefly exceeded our 1.2650 target on 10 May. But with
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