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Sunday, June 9, 2013

Flash: Long on the USD as long term position - Société Générale

FXstreet.com (Barcelona) - continue to maintain a long on the USD position is the recommendation suggesting Sebastien Galy, analyst for Societe Generale currency, saying that the currency should continue being sued over the long term, with its occasional adjustments in the positions.

In the United States.UU., such as highlights Galy, decrease in the QE expectations are affecting government debt curve and therefore to the curves of the emerging markets, so it thinks that "this should help cool the large group of raw materials with the ascent of the USD acting as an accelerator." In the adjustment of positions which Galy sees next, AUD is the currency that must continue to suffer most.

* FXstreet.es, news of currency *

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