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As long as we're staying in this low volatility environment (see Figure 1)it's very hard to have a clear trading bias when the majority of currency pairs are moving in narrow ranges, unless we already have a clear trend like EUR/USD which as per my expectation has started a very healthy bearish trend. So, beside having a bearish bias for EUR/USD I'm also expecting the high yielding currencies to get a bit as it make sense for investors who are chasing yield and a return in this market to apply …
