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Trading news
1 Mar 2013
Forex Flash: Looking to trade USD short - Nomura
The Nomura FX strategy team is looking to trade the dollar from the short side in the next 1-2 months, with the key reasons being: "The Fed is not close to done, overall data picture remains quite weak, Italian election risk-off is not full-scale panic, entry levels are attractive for dollar shorts in several crosses" the team argues.