Johanna Chua of Citigroup said, "Notwithstanding potential for sharp corrections, broad trend of a stronger USD and higher core yields seems intact. Accordingly, we do not recommend chasing the corrective move lower in USD.""Investors are likely to await ECB meeting this week and Fed FOMC next week for further cues. Besides, President-elect Trump's cabinet is taking shape and confirmation of appointees to key posts may continue to shape expectations of new administration's policy course," he added.
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