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Old 29-01-2014, 14:40
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Default Re: Market news and trade recommendations by FBS

BofA: USD index will rise

The US dollar Index keeps consolidating in its 3-month 81.48/79.68 range, notes Bank of America Merrill Lynch.

"Odds continue to favor an upside resolution to 82.55/82.15 but it could take some time to play out. This scenario is invalidated below 79.68," BofA projects.

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