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FX/Bonds

BofA says it is maintaining a long USD bias

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The bank says that DXY has formed a head-and-shoulders bottom and broken to new 52-week highs, with upside targets of 102.86 and 104.60 Elsewhere, BofA remains bearish on EUR, and flags upside risks in USDJPY, USDCAD, USDKRW and USDTHB

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