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USD Index might reach 104.54 by 2015-end – BNPP

FXStreet (Barcelona) - The BNP Paribas Team, anticipates USD to benefit from higher yields, and push USD Index to 104.54 by 2015-end.

Key Quotes

“We remain USD bulls despite the FOMC’s recent caution. The USD will continue to benefit from higher US yields against a backdrop of ECB and BoJ QE. We are beginning to see a pickup in long-term capital flow support for the USD and expect this to accelerate.”

“USD Index: 2015 end target at 104.54”

AUD/USD might extend towards 0.7840 – UOB

Analysts at UOB Group, expect AUD/USD’s upward momentum to extend towards 0.7840 levels.
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UK Employment data, US and Canadian CPI – Next in Focus

USD/JPY continues to trade around a flat line near 119 barrier in a rather calmer Asian trading, while the Australian dollar was the weakest followed by its Oz neighbor as jobs data led optimism faded and markets now turn to US CPI figures for fresh cues.
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