BofA Merrill Lynch remain constructive on the USD

Markets currently lack a unifying theme to connect the dots in G10 FX with politics and Fed Chair uncertainty dominating the near-term outlook. Our own indicators are picking up conflicting signals for USD but next week's ECB rate decision may provide the first signpost for our currency narrative into year-end. We continue to expect the USD to end firmer as the relative ECB/Fed policy stance and chances for US tax/repatriation underpin sentiment by end-Q4. 

20 Oct 2017 - 09:45- Fixed IncomeEconomic Commentary- Source: BofA Merrill Lynch

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