Westpac: We shift our USDJPY bias (positive) back to neutral and will likely remain there through the end of the year...

Comment by Francesc Riverola on December 9, 2013 at 12:44pm
... Short term range 101.80 – 103.70, with danger the post-NFP rally (not backed by yields) is a last gasp of the recent upswing.
Comment by Francesc Riverola on December 9, 2013 at 12:46pm
Westpac: INR should continue to outperform, with positive election results likely to help push USD/INR spot below 61.00. We like selling rallies in USD/MYR (particularly back up to 3.2400), while SGD and THB would be our preferred shorts. THB is not likely to get lasting benefit from upcoming elections.

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