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Home » Currencies » Market Talk » BofA MERRILL: Volume-Based FX Signals For This Week

BofA MERRILL: Volume-Based FX Signals For This Week


There has been clear testify of involve for USD calls versus both EUR together with JPY, despite the recent weakness inwards USD versus these currencies, book information from Bank of America Merrill Lynch showed on Friday.
"In item amongst USD/JPY having corrected significantly lower, this gives a bullish indicate for USD/JPY," BofA adds.
BofA vol information every mo good showed that inwards USD/CAD, at that topographic point is testify of an increment inwards involve for USD puts, whereas inwards AUD/USD at that topographic point is increased involve for USD calls.
This. according to BofA, gives a bearish USD/CAD signal, acre suggesting that AUD/USD may boot the bucket on to rest nether pressure level this week.
Read More: http://www.efxnews.com/story/19165/volume-based-fx-signals-week-bofa-merrill
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