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Forex pairs in this Article » EUR/USD, USD/JPY (Barcelona) - Kit Juckes, Global Head of Currency Strategy at Societe Generale believes that a soft US GDP print will warrant examination in context, but should also push EURUSD higher.

Elsewhere, he sees that AUD is higher, helped by the announcement of elections in September while NZD is a bit softer out of fear the RBNZ will express concern about the currencies valuation. He notes that USDJPY continues to flirt with recent highs without making headway, and while Asia did not have the strength of purpose to take EURUSD above 1.35, Europe has done so in early trading and he now sees 1.37 as the next target.
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