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EUR ending near term correction – Commerzbank

FXstreet.com (London) - Technical analysis team at Commerzbank say that the EUR/USD has probably already ended its near term correction higher at 1.2998 yesterday.

They added that while it remains below this level last week’s 1.2796 low remains in focus and this is considered to be the last defence for the 1.2740 April low.

Forex: Not many currencies worth selling against USD - Societe Generale

Kit Juckes, Global Head of Currency Strategy at Societe Generale notes that the DXY is trending higher.
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Flash: Analyzing structural G10 positioning and safe havens – UBS

In G10, “structural positioning (post-QE commencement in 2009) is short dollars and euros – the 'safe-havens' of the JPY and CHF enjoy significant net longs (especially vs. the euro).” notes Research Analyst Gareth Berry at UBS.
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