Running with a strong dollar bias - Westpac

FXStreet (Guatemala) - Richard Franulovich, analyst at Westpac Banking corporation explained that they continue to run with a USD positive / EUR negative bias on a 1 and 3 month horizon.

Key Quotes:

"Global forces continue to conspire in the USD’s favour, the latest vignettes playing to the USD’s advantage in recent days including a batch of weaker China activity data, a strong US Feb payrolls, the plunge in German 10yr yields to an eye-watering 20bp and renewed weakness in commodity prices, though that may be as much a reflection of USD gains."